Ontario Teachers’ Pension Plan, one of the largest public-pension managers in Canada, is planning to double its infrastructure investments within the next five years, according to Bloomberg.
The Toronto-based pension manager is planning to grow the level of infrastructure investment from C$17.8 billion ($14.4 billion) to C$40 billion ($33 billion), representing 8 percent of the total portfolio.
The pension plan currently has a strong focus on the core infrastructure spectrum, but not exclusively, according to Dale Burgess, senior managing director for infrastructure and natural resources. The manager is especially interested in assets that have high barriers to entry, such as airports, toll roads, regulatory utilities and renewable power. It’s also looking at core-plus assets that are slightly riskier.
