Private equity investments helped the Ontario Pension Plan (HOOP) chalk up an annual Gian of over 11 per cent last year, according to a report by WSJ Pro Private Equity.
As a result of that performance, the CAD114.4 billion Toronto-based pension scheme now has more assets than it owes in benefits with its funding ratio hitting 120 per cent.
Private equity was the best performing asset class in HOOP’s investment portfolio retiring almost 24 per cent for the year while public equities managed 20 per cent.
