La Caisse

The Caisse de dépôt et placement du Québec (CDPQ; operating as La Caisse) is an institutional investor that manages several public and parapublic pension plans and insurance programs in the Canadian province of Quebec. It was established on July 15, 1965 by an act of the National Assembly, under the government of Jean Lesage, as part of the Quiet Revolution, a period of social and political change in Quebec. It is the second-largest pension fund in Canada, after the Canada Pension Plan Investment Board. It was created to manage the funds of the newly created Quebec Pension Plan, a public pension plan that aimed to provide financial security for Quebecers in retirement. The CDPQ's mandate was to invest the funds prudently and profitably while also contributing to Quebec's economic development. As of December 31, 2024, the CDPQ managed assets of C$473 billion, invested in Canada and elsewhere. The CDPQ is headquartered in Quebec City at the Price Building and has its main business office in Montreal at the Édifice Jacques-Parizeau. The CDPQ is a institution that plays a vital role in the economic and social development of Quebec and Canada. It is one of the largest and most diversified institutional investors in the world, investing in sectors including private equity, fixed income, real estate, infrastructure, and renewable energy, in Canada and abroad. It also supports Quebec-based companies with growth potential and contributes to the creation of jobs and wealth in the province. Over the years, the CDPQ has expanded its scope and scale, managing the funds of other public and parapublic pension and insurance plans, such as the Government and Public Employees Retirement Plan (RREGOP), the Pension Plan of Management Personnel (PPMP), and the Fonds d'assurance automobile du Québec. It has also diversified its portfolio, investing in different asset classes...