Fixed Income
CDPQ has extensive experience managing bond portfolios, with more than 20 years in direct corporate credit.
Our Fixed Income teams invest in a variety of debt securities and derivatives, which are diversified across different investment horizons. They leverage broad knowledge and expertise to generate long-term value.
Quelques chiffres clés
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$94.3 B
Net assets in Fixed Income portfolios as at December 31, 2018
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30.5%
Of CDPQ’s overall portfolio
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$56.4 B
In credit markets
Our core areas
Our investment activities are grouped together
into four main areas
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Sovereign Credit
Developed and growth markets
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Real Estate Debt
Commercial mortgages (managed by our subsidiary Otéra Capital)
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Corporate Credit
Private and public companies
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Specialty Finance
Financing and investments in tangible and intangible assets
We aim to generate a stable current yield over the long term. In addition to reducing the overall risk level of CDPQ’s portfolio, our fixed income investments enable our clients’ assets and long-term commitments to be better balanced. They also constitute a substantial source of liquidity.
Our investment approach
- Target a long-term investment horizon
- Provide complete solutions by focusing on our agility and our resources
- Propose financing adapted to the needs of our partners
- Establish partnerships at the global level
What we look for
- A shared vision
We establish partnerships with asset managers, peers and financial institutions. - High-potential opportunities
We emphasize acquisitions through borrowing, development capital and asset financing. - Stability
We target assets that provide a stable yield over the medium and long terms.
Management team
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Executive Vice-President
and Head of Fixed Income and Active Overlay Strategies -
President and Chief Executive Officer
Otéra Capital -
Senior Managing Director
Head of Corporate Credit -
Managing Director, Global Sovereign Debt
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Managing Director,
Global Specialty Finance -
Managing Director, US Private Debt
CDPQ US -
Managing Director, European Private Debt
CDPQ London -
Managing Director,
Strategy and Development
Selected financing
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- Montérégie
- Dairy product processing
- $300 million to support growth
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- Montréal
- $400 million for the project construction
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- Chaudière-Appalaches
- $90 million for the development of a wind farm
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- Montréal
- Telecommunications and cable distribution
- $50 million to finance an acquisition in Vancouver