Real Assets Investments
![Real Asset Investment Hero](https://www.cppinvestments.com/wp-content/uploads/2025/01/Real-asset-investment-hero.png)
Building Value
Real Assets invests globally in real estate and infrastructure, along with both conventional and renewable energy assets. Our Portfolio Value Creation team works closely with investment teams, portfolio company management and co-sponsors to create value across our global portfolio of material direct equity investments.
Our Real Assets Teams
We are invested globally across real estate, infrastructure and the energy value chain.
Sustainable Energies
Sustainable Energies positions us at the forefront of energy investing and sustainability, leveraging scaled, flexible capital and deep insights to help shape the future of the energy industry.
![Bill Rogers Headshot Q3f25 387x298](https://www.cppinvestments.com/wp-content/uploads/2019/12/Bill-Rogers-Headshot-Q3F25-387x298-1.jpg)
Bill Rogers
Managing Director, Head of Sustainable Energies
London
![kavita Saha 387x298](https://www.cppinvestments.com/wp-content/uploads/2023/10/Kavita-Saha_387x298.jpg)
Kavita Saha
Managing Director, Head of Infrastructure & Sustainable Energies, India
Mumbai
![Ricardo Szlejf Headshot](https://www.cppinvestments.com/wp-content/uploads/2024/08/Ricardo-Szlejf-Headshot-Q1F25-387x298-1.jpg)
Ricardo Szlejf
Managing Director, Head of Infrastructure & Sustainable Energies, Latin America
Sao Paulo
![Ricardo Caupers 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2024/05/Ricardo_Caupers-387x298-1.jpg)
Ricardo Caupers
Managing Director, Head of Sustainable Energies, Europe
London
![Dave Chambers Headshot Q2f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2020/07/Dave-Chambers-Headshot-Q2F25-387x298-1-1.jpg)
Dave Chambers
Managing Director, Canada Head of Sustainable Energies
Toronto
![Edwina Kelly 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2020/07/Edwina-Kelly-387x298-1.jpg)
Edwina Kelly
Managing Director, Head of Sustainable Energies, U.S.
New York
![Karen Boutros Q1f25 387x298 2](https://www.cppinvestments.com/wp-content/uploads/2024/07/Karen-Boutros-Q1F25-387x298-2.jpg)
Karen Boutros
Managing Director, Sustainable Energies
Toronto
![Mike Conrad Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2022/08/Mike-Conrad-Headshot-Q1F25-387x298-1.jpg)
Mike Conrad
Managing Director, Sustainable Energies
Toronto
![Dan Hobster Headshot Q2f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Dan-Hobster-Headshot-Q2F25-387x298-1.jpg)
Dan Hobster
Managing Director, Listed Sustainable Energies
London
![James Jackson Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2022/10/James-Jackson-Headshot-Q1F25-387x298-1.jpg)
James Jackson
Managing Director, Sustainable Energies
Toronto
![Pushkar Kulkarni 387x298 Q4f24](https://www.cppinvestments.com/wp-content/uploads/2020/07/Pushkar-Kulkarni-387x298-Q4F24.jpg)
Pushkar Kulkarni
Managing Director, Infrastructure & Sustainable Energies
Mumbai
![Christine Martmann Headshot 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2023/10/Christine-Martmann-Headshot-387x298-1-1.jpg)
Christine Martmann
Managing Director, Sustainable Energies
London
![Mariana Nishimura Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2022/02/Mariana-Nishimura-Headshot-Q1F25-387x298-1.jpg)
Mariana Nishimura
Managing Director, Infrastructure & Sustainable Energies
Sao Paulo
![Alice Yang 387x298](https://www.cppinvestments.com/wp-content/uploads/2022/10/Alice-Yang_387x298-1.jpg)
Alice Yang
Managing Director, Sustainable Energies
New York
![Bianca Ziccarelli 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2024/05/Bianca_Ziccarelli-387x298-1.jpg)
Bianca Ziccarelli
Managing Director, Sustainable Energies
London
Infrastructure
Focusing on large-scale infrastructure businesses, our team builds a diversified portfolio of tangible assets, which are designed to deliver stable cash flows over the long term.
![james Bryce 387x298](https://www.cppinvestments.com/wp-content/uploads/2023/10/James_Bryce_387x298.jpg)
James Bryce
Managing Director, Head of Infrastructure
London
![kavita Saha 387x298](https://www.cppinvestments.com/wp-content/uploads/2023/10/Kavita-Saha_387x298.jpg)
Kavita Saha
Managing Director, Head of Infrastructure & Sustainable Energies, India
Mumbai
![Ricardo Szlejf Headshot](https://www.cppinvestments.com/wp-content/uploads/2024/08/Ricardo-Szlejf-Headshot-Q1F25-387x298-1.jpg)
Ricardo Szlejf
Managing Director, Head of Infrastructure & Sustainable Energies, Latin America
Sao Paulo
![Andrew Alley Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2020/05/Andrew-Alley-Headshot-Q1F25-387x298-1.jpg)
Andrew Alley
Managing Director, Head of Infrastructure, North America & Australasia
Toronto
![Paul Bernath Headshot Q3f25 387x298](https://www.cppinvestments.com/wp-content/uploads/2020/05/Paul-Bernath-Headshot-Q3F25-387x298-1.jpg)
Paul Bernath
Managing Director, Infrastructure & Australia Office Head
Sydney
![Batiste Ogier 387x298 Q4f24](https://www.cppinvestments.com/wp-content/uploads/2019/10/Batiste-Ogier-387x298-Q4F24.jpg)
Batiste Ogier
Managing Director, Head of Infrastructure, Europe
London
![Berardi Headshot 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2020/07/Berardi-Headshot-387x298-1.jpg)
Sebastian Berardi
Managing Director, Infrastructure
New York
![Butcherp Headshot 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2024/02/ButcherP-Headshot-387x298-1.jpg)
Phil Butcher
Managing Director, Infrastructure
London
![Graham Davies Headshot](https://www.cppinvestments.com/wp-content/uploads/2024/08/Graham-Davies-Headshot-Q1F25-387x298-1.jpg)
Graham Davies
Managing Director, Infrastructure
London
![Megan Hansen Headshot](https://www.cppinvestments.com/wp-content/uploads/2024/08/Megan-Hansen-Headshot-Q1F25-387x298-1.jpg)
Megan Hansen
Managing Director, Infrastructure
New York
![Alexkarroum Headshot 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2022/08/AlexKarroum-Headshot-387x298-1.jpg)
Alex Karroum
Managing Director, Infrastructure
Sydney
![Natasa Kovacevic Headshot Q3f25 387x298v2](https://www.cppinvestments.com/wp-content/uploads/2024/08/Natasa-Kovacevic-Headshot-Q3F25-387x298v2-1.jpg)
Natasa Kovacevic
Managing Director, Infrastructure
London
![Pushkar Kulkarni 387x298 Q4f24](https://www.cppinvestments.com/wp-content/uploads/2020/07/Pushkar-Kulkarni-387x298-Q4F24.jpg)
Pushkar Kulkarni
Managing Director, Infrastructure & Sustainable Energies
Mumbai
![Guymackenzie Headshot 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/GuyMackenzie-Headshot-387x298-1.jpg)
Guy MacKenzie
Managing Director, Listed Infrastructure
London
![Mariana Nishimura Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2022/02/Mariana-Nishimura-Headshot-Q1F25-387x298-1.jpg)
Mariana Nishimura
Managing Director, Infrastructure & Sustainable Energies
Sao Paulo
![Yiyi Yang 387x298](https://www.cppinvestments.com/wp-content/uploads/2021/11/Yiyi-Yang_387x298.jpg)
Yiyi Yang
Managing Director, Infrastructure
Toronto
Real Estate
Real Estate invests in best-in-class real estate with top-tier owners and operators in select markets, mainly through direct joint ventures, funds and other investment structures.
![Sophie Oosterom Headshot Q3f25 387x298](https://www.cppinvestments.com/wp-content/uploads/2025/01/Sophie-Oosterom-Headshot-Q3F25-387x298-1.jpg)
Sophie van Oosterom
Managing Director, Head of Real Estate
London
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Gilles Chow
Managing Director, Head of Real Estate Asia Pacific
Hong Kong
![Michael Douglas Headshot Q3f25 387x298](https://www.cppinvestments.com/wp-content/uploads/2019/10/Michael-Douglas-Headshot-Q3F25-387x298-1.jpg)
Michael Douglas
Managing Director, Head of Real Estate North America
Toronto
![Thomas Jackson 387x298](https://www.cppinvestments.com/wp-content/uploads/2019/10/Thomas-Jackson_387x298-1.jpg)
Thomas Jackson
Managing Director, Head of Real Estate Europe
London
![Jimmy Phua 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2024/02/Jimmy-Phua-387x298-1.jpg)
Jimmy Phua
Managing Director, Head of Real Estate Asia Pacific
Asia Pacific, Hong Kong
![Hari Krishna Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2020/11/Hari-Krishna-Headshot-Q1F25-387x298-1.jpg)
Hari Krishna
Managing Director, Head of Real Estate India
Mumbai
![Kay Fan 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2024/05/Kay-Fan-387x298-1.jpg)
Kay Fan
Managing Director, Real Estate Asia
Hong Kong
![Lora Gotcheva Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Lora-Gotcheva-Headshot-Q1F25-387x298-1.jpg)
Lora Gotcheva
Managing Director, Listed Real Estate
Toronto
![Marcos Haertel](https://www.cppinvestments.com/wp-content/uploads/2024/05/Marcos-Haertel-387x298-1.jpg)
Marcos Haertel
Managing Director, Real Estate
Sao Paulo
![Matthew Hele Headshot 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2023/10/Matthew-Hele-Headshot-387x298-1-1.jpg)
Matthew Hele
Managing Director, Development and Construction, Real Estate
London
![Rebecca Lam Headshot](https://www.cppinvestments.com/wp-content/uploads/2024/08/Rebecca-Lam-Headshot-Q1F25-387x298-1.jpg)
Rebecca Lam
Managing Director, Real Estate
Hong Kong
![Chi Hua Lei Headshot Q3f25 387x298](https://www.cppinvestments.com/wp-content/uploads/2022/11/Chi-Hua-Lei-Headshot-Q3F25-387x298-1.jpg)
Chi Hua Lei
Managing Director, Real Estate, Real Assets
Hong Kong
![Cheryl Maher 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2023/08/Cheryl-Maher-387x298-1.jpg)
Cheryl Maher
Managing Director, Real Estate
London
![Bill Mckinstry 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2022/11/Bill-McKinstry-387x298-1.jpg)
Bill McKinstry
Managing Director, Development and Construction, Real Estate
New York
![Michael Mcqueen](https://www.cppinvestments.com/wp-content/uploads/2024/05/Michael-McQueen-387x298-1.jpg)
Michael McQueen
Managing Director, Real Estate
Sydney
![Bernadetta Sobiczewska 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Bernadetta-Sobiczewska-387x298-1.jpg)
Bernadetta Sobiczewska
Managing Director, Listed Real Estate
London
![Anoop Varghese](https://www.cppinvestments.com/wp-content/uploads/2024/05/Anoop-Varghese-387x298-1.jpg)
Anoop Varghese
Managing Director, Real Estate
New York
Listed Real Assets
The Listed Real Assets program is responsible for investments in public securities in the real assets space.
![Kim Wright 398x297](https://www.cppinvestments.com/wp-content/uploads/2025/02/Kim_Wright_398x297.jpg)
Kim Wright
Managing Director, Head of Listed Real Assets
Hong Kong
![Lora Gotcheva Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Lora-Gotcheva-Headshot-Q1F25-387x298-1.jpg)
Lora Gotcheva
Managing Director, Listed Real Estate
Toronto
![Dan Hobster Headshot Q2f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Dan-Hobster-Headshot-Q2F25-387x298-1.jpg)
Dan Hobster
Managing Director, Listed Sustainable Energies
London
![Guymackenzie Headshot 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/GuyMackenzie-Headshot-387x298-1.jpg)
Guy MacKenzie
Managing Director, Listed Infrastructure
London
![Bernadetta Sobiczewska 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Bernadetta-Sobiczewska-387x298-1.jpg)
Bernadetta Sobiczewska
Managing Director, Listed Real Estate
London
Portfolio Value Creation
Portfolio Value Creation is responsible for partnering with investment teams, portfolio company management and co-sponsors to maximize value across our global portfolio of material direct equity investments.
![Cesare Ruggiero Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Cesare-Ruggiero-Headshot-Q1F25-387x298-1.jpg)
Cesare Ruggiero
Managing Director, Head of Portfolio Value Creation
Toronto
![Sujeet Govindaraju 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Sujeet_Govindaraju-387x298-1.jpg)
Sujeet Govindaraju
Managing Director, PVC & India Office Head
Mumbai
![Tim Barlow Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Tim-Barlow-Headshot-Q1F25-387x298-1.jpg)
Tim Barlow
Managing Director, Portfolio Value Creation
London
![Katrina Beechey Headshot Q3f25 387x298v2](https://www.cppinvestments.com/wp-content/uploads/2025/02/Katrina-Beechey-Headshot-Q3F25-387x298v2.jpg)
Katrina Beechey
Managing Director, Portfolio Value Creation
London
![Peterbusse Headshot 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/PeterBusse-Headshot-387x298-1.jpg)
Peter Busse
Managing Director, Portfolio Value Creation
Toronto
![James Down Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/James-Down-Headshot-Q1F25-387x298-1.jpg)
James Down
Managing Director, Portfolio Value Creation
London
![Michael Hall 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Michael-Hall-387x298-1.jpg)
Michael Hall
Managing Director, Portfolio Value Creation
London
![Janheydolph Headshot 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/JanHeydolph-Headshot-387x298-1.jpg)
Jan Heydolph
Managing Director, Portfolio Value Creation
Hong Kong
![Stephen Huntley 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Stephen_Huntley-387x298-1.jpg)
Stephen Huntley
Managing Director, Portfolio Value Creation
London
![David Plante 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/David_Plante-387x298-1.jpg)
David Plante
Managing Director, Portfolio Value Creation
London
![Elisabeth Rehder Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Elisabeth-Rehder-Headshot-Q1F25-387x298-1.jpg)
Elisabeth Rehder
Managing Director, Portfolio Value Creation
San Francisco
![Valeria Rosati 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Valeria-Rosati-387x298-1.jpg)
Valeria Rosati
Managing Director, Portfolio Value Creation
London
![Markus Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Markus-Headshot-Q1F25-387x298-1.jpg)
Markus Schoefert
Managing Director, Portfolio Value Creation
Sao Paulo
![Jinzi Zheng Headshot Q1f25 387x298 1](https://www.cppinvestments.com/wp-content/uploads/2025/02/Jinzi-Zheng-Headshot-Q1F25-387x298-1.jpg)
Jinzi Zheng
Managing Director, Portfolio Value Creation
Toronto
Bill Mackenzie
Managing Director, Head of Active Equities North America
Bill heads the team responsible for delivering alpha through active security selection of public, and soon to be public, equity investments in North America.
Prior to joining CPP Investments in 2010, Bill was a Director and Analyst in the Equity Research group at TD Securities. Previously, he worked at Ernst and Young in the Assurance Services and Corporate Finance groups.
Bill holds a BA in Economics from McGill University and an MBA from the Rotman School of Management at the University of Toronto. He is a Chartered Professional Accountant and a CFA Charterholder.
Holdings & Relationships Reports
We regularly issue holdings and relationships reports which disclose private equity relationships, and Canadian and foreign public equity and real estate holdings.
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