Fixed Income
CDPQ has extensive experience managing bond portfolios, with nearly 25 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.
Key figures
-
$102.9 B
Net assets in Fixed Income portfolios as at December 31, 2019
-
30.3%
Of CDPQ’s overall portfolio
-
$66.4 B
In credit markets
Our core areas
Our investment activities are grouped together
into four main areas
-
Sovereign Credit
Developed and growth markets
-
Real Estate Debt
Commercial mortgages (managed by our subsidiary Otéra Capital)
-
Corporate Credit
Private and public companies
-
Infrastructure Financing
Financing infrastructure projects in various sectors
Our fixed income investments aim to generate stable and predictive returns over the long term. These lower risk assets play a key role in CDPQ’s portfolio construction, notably in managing liquidity. In recent years, the proportion of our credit activities were increased to diversify sources of return.
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
Management team
-
Executive Vice-President
and Head of Fixed Income -
President and Chief Executive Officer
Otéra Capital -
Managing Director, Global Sovereign Debt
-
Managing Director
and Head of Corporate Credit -
Managing Director, US Private Debt
CDPQ US -
Partner and Deputy Head, Private Debt
CDPQ London -
Managing Director, Infrastructure Financing
-
Managing Director,
Strategy and Development
Selected investments
Lightsource BP
Solar power
United Kingdom
$260 million to create a financing platform for 100 solar assets
Mont Sainte-Marguerite
Wind energy
Chaudière-Appalaches
$90 million for the development of a wind farm