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Capital Markets Investments

Capital Markets & Factor Investing

We invest globally across public equities, fixed-income securities, currencies, commodities and derivatives.
Capital Markets Factor Hero

Diversifying in Global Markets

The Capital Markets and Factor Investing (CMF) department’s main goal is to give CPP Investments flexible and efficient access to a wide range of global investments, including public equities, fixed income, currencies, commodities and derivatives. CMF achieves this by managing its own strategies, partnering with external investment managers, and by making co-investments in public markets. These investments add diversity to the Fund’s portfolio, providing returns that go beyond what can be achieved through traditional long-only alone.

Our Partners

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Our CMF Teams

CMF’s primary goal is to provide CPP Investments with flexible, efficient access to scalable, liquid and diversified returns in global public markets. CMF invests and co-invests across multiple asset classes worldwide.

External Portfolio Management

External Portfolio Management adds value by partnering with external managers that bring expertise and strategies to enhance our overall portfolio.

Our team
Amy Flikerski Headshot Q3f25 387x298
Amy Flikerski

Managing Director, Head of External Portfolio Management

London

Paulina Arent
Paulina Arent

Managing Director, External Portfolio Management

London

Yan Kvitko Q3f24 387x298 1
Yan Kvitko

Managing Director, External Portfolio Management

London

Dimitar Marmarov Q3f24 387x298 1
Dimitar Marmarov

Managing Director, External Portfolio Management

Toronto

Sajjad Qasmi Headshot Q3f25 387x298
Sajjad Qasmi

Managing Director, External Portfolio Management

Hong Kong

Timour Zilberchteine Q3f24 387x298 1
Timour Zilberchteine

Managing Director, External Portfolio Management

Toronto

Systematic Strategies Group

The Systematic Strategies Group develops and manages a portfolio of quantitative model-driven investment strategies in global public markets, delivering scalable, capital-efficient and diversified returns for the total fund.

Our team
Vasant Naik Headshot
Vasant Naik

Managing Director, Head of Systematic Strategies Group

London

Wagner Dada Headshot
Wagner Dada

Managing Director, Systematic Strategies Group

Toronto

Shafiq Ibrahim Q3f24 387x298 1
Shafiq Ebrahim

Managing Director, Systematic Strategies Group

Toronto

Tyler Hayes Q3f24 387x298 1
Tyler Hayes

Managing Director, Systematic Strategies Group

Toronto

Mark Horbal Q3f24 387x298 1
Mark Horbal

Managing Director, Systematic Strategies Group

Toronto

Joe Yang Q3f24 387x298 1
Joe Yang

Managing Director, Systematic Strategies Group

Toronto

Phillippe Zaugg Q3f24 387x298 1
Philippe Zaugg

Managing Director, Systematic Strategies Group

Toronto

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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