Canada Pension Plan Investment Board
Canadian pension fund; C$600bn+ AUM; investor in 9fin unicorn round.
Last refreshed: 13 April 2026 · Appears in 1 active topic
Why is a Canadian pension fund backing a London debt data startup?
Timeline for Canada Pension Plan Investment Board
Mentioned in: 9fin crosses unicorn threshold at $170m
UK Startups and Innovation- What does Canada Pension Plan Investment Board invest in?
- CPPIB invests across public equities, private equity, infrastructure, real estate, credit, and increasingly venture capital, with a long-horizon mandate measured in decades.Source: uk-startups-and-innovation
- Why is CPPIB investing in UK tech startups?
- CPPIB is diversifying into high-growth private companies globally. Its investment in 9fin reflects a thesis that financial data infrastructure businesses offer durable long-term returns.Source: uk-startups-and-innovation
Background
Canada Pension Plan Investment Board (CPPIB) is one of the investors in 9fin, the London-based debt markets data platform that crossed the unicorn threshold at a $170m raise in early 2025. CPPIB is among the worlds largest institutional investors, managing more than C$600bn in assets on behalf of the Canada Pension Plan, which covers the retirement savings of approximately 21 million Canadians.
Founded in 1997 and headquartered in Toronto, CPPIB invests across public equities, private equity, infrastructure, real estate, and credit. Its strategy is explicitly long-horizon, with an investment horizon measured in decades rather than the typical fund cycle. The board has progressively increased its allocations to private markets and venture capital, viewing early-stage technology companies as providing growth rates that public markets increasingly cannot match.
For 9fin, having a pension fund of CPPIBs scale on the cap table is a significant validation of the companys long-term credibility, separate from the return profile. Pension funds are conservative investors with reputational skin in the game: their involvement signals that 9fin is viewed not merely as a high-risk venture bet but as a durable business in the financial data infrastructure sector.