Ontario Teachers' Pension Plan Experiences First Private Equity Loss Since 2009

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GlobeNewswire, March 11 — Ontario Teachers’ Pension Plan (OTPP) is undergoing a major overhaul of its private equity investment approach after experiencing its first loss in sixteen years. Following a decline of approximately CAD 10 billion (about USD 7.4 billion) in private equity holdings by 2025, the fund—managing CAD 200 billion in assets—shifted its private equity focus to three specific sectors: financial services, technology, and services. According to its official website, this change means that the fund’s private equity division will no longer have dedicated teams for healthcare investments and sustainable energy transitions. Despite this, thanks to gains in stocks, gold, and the increased value of its investment in Elon Musk’s space exploration company SpaceX, the fund achieved an overall return of 6.7% last year.

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