Full Breakdown
Canada Pension Plan Investment Board and Brookfield Launch $50 Billion “Maple Fund”
By Drooid · · How we work
Core Announcement
Canada’s two largest institutional investors – the Canada Pension Plan Investment Board (CPP Investments) and Brookfield Asset Management – have agreed to create a joint “Maple Fund” targeting large-scale infrastructure and strategic-industry projects across the country. The partnership, to be unveiled at the Canada Investment Summit hosted by Prime Minister Mark Carney, will see each partner commit up to C$25 billion in equity over an initial five-year period.
Structure and Financial Scope
The fund is designed as a 50-50 equity partnership, with each investment required to have a minimum equity value of C$5 billion. Unlike a blind-pool fund, every prospective transaction will be independently reviewed and approved by both CPP Investments and Brookfield through their existing governance processes. The arrangement is incremental to each firm’s normal investing activity, allowing other investors to co-invest on a case-by-case basis.
Official Statements & Responses
CPP Investments CEO John Graham emphasized that the partnership leverages the board’s long-term capital and expertise to pursue “unusually large and complex” Canadian projects. Brookfield CEO Connor Teskey highlighted the shared commitment to “investing in the country’s future,” noting that the fund aims to drive a “generational investment program” for critical infrastructure and globally competitive businesses.
Verbatim Quotes
- “The Maple Fund positions us well to meet this moment and move with speed on opportunities of unusual scale and complexity when they offer compelling value for the CPP Fund.” — Connor Teskey, asset management CEO
- “CPP Investments has the capital, long-term investment horizon and expertise to pursue these opportunities, and the Maple Fund brings together our strengths with Brookfield’s strong origination and development capabilities to help move ambitious projects from opportunity to investment,” — Mr. Graham, investment board CEO
- “The Maple Fund brings together our strengths with Brookfield’s strong origination and development capabilities to help move ambitious projects from opportunity to investment.” — John Graham, investment board CEO
Data & Statistics
- Total committed capital: C$50 billion (C$25 billion from each partner).
- Minimum equity per deal: C$5 billion.
- CPP Investments’ asset base: C$863.6 billion as of June 30 2026.
- Brookfield’s global assets under management exceed US$1 trillion.
The Maple Fund is positioned to address financing gaps for major Canadian projects that require substantial upfront development spending, offering a coordinated capital and execution platform that neither partner could achieve alone. Individual investments will be announced as definitive agreements are reached.