Canada Pension Plan Investment Board (CPPIB) has committed $1.2 billion to Japan DC Partners I and $400 million to Greystar Global Strategic Partners II.
Japan DC Partners I, a vehicle of Ares Management, is a closed-end, value-added fund that invests in opportunistic data centers in Tokyo, Japan. A fundraising goal has not been determined.
Greystar Global Strategic Partners II is a closed-end, value-added fund which invests in institutional-quality rental housing in North America, Europe, South America and the Asia Pacific region.
As of March 31, CPPIB had $575.8 billion (C$793.3 billion) assets under management. As of Dec. 31, 2025, the public pension fund had a 9 percent real estate allocation target with $36.3 billion (C$36.3 billion) in total real estate assets under management.
