Public Sector Pension Investment Board

The Public Sector Pension Investment Board (PSP Investments) is a Canadian crown corporation established by an act of parliament in September 1999. Its mandate is "to manage employer and employee contributions made after April 1, 2000 to the federal Public Service, the Canadian Forces and the Royal Canadian Mounted Police pension funds". It is also responsible for contributions made after March 1, 2007 to the Reserve Force Pension Fund.

The board's head office is located in Ottawa, Ontario and its chief business office is located in Montreal, Quebec.[1]

History

In May 2013, German construction company Hochtief sold its airports division (renamed AviAlliance) to the Public Sector Pension Investment Board for 1.1 billion euros.[2] In October 2015, PSP Investments formed a joint venture with ATL Partners creating SKY Leasing, a service aircraft leasing company.[3]

External links

References

  1. ↑ PSP Investments - Corporate Profile, PSP Investments, accessed 30 August 2009.
  2. ↑ Ludwig Burger (7 May 2013). "Hochtief sells airport unit to Canada's PSP Investments for $1.4 billion". Reuters.
  3. ↑ "PSP Investments to Back Aviation Joint Venture". Sovereign Wealth Fund Institute. 17 October 2015.


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