On January 16, 2026, the Canada Pension Plan Investment Board has invested an additional $750 million with Northleaf Capital Partners through its mid-market program for domestic private companies. The investment brings CPP Investments' total commitments to Northleaf to more than $3 billion since the partnership began two decades ago. Bruce Hogg, managing director and head of integrated strategies at CPP Investments, said the arrangement with Northleaf provides efficient access to high-quality managers and supports private companies in Canada. He noted that growing the program allows CPP Investments to deepen its mid-market exposure in a disciplined manner. Separately, CPP Investments recently completed a $160-million investment to acquire exposure to a portfolio of mid-market funds and companies as part of Northleaf's global private equity program. The two transactions expand CPP Investments' involvement in both domestic and international private equity through its existing Northleaf partnership. The pension fund manager has maintained its relationship with Northleaf for twenty years, using the partnership to access mid-market investment opportunities.

The commitments represent CPP Investments' ongoing allocation to the mid-market private equity segment through the Northleaf platform.