OUR OFFICES OUR CONTRIBUTORS NEWS HUB FRANÇAIS We are PSP Our Performance We are Investors We are a Debt Issuer Work with Us Complementary Portfolio Working as one PSP across asset classes A hallmark of our total fund approach The Complementary Portfolio focuses on investments that are not within the mandate of an existing asset class but are deemed to be beneficial for the total fund. It provides PSP Investments with greater flexibility to capture investment opportunities that would not otherwise be pursued. While the focus historically had been on cross-asset transactions, since fiscal year 2020 significant effort has been devoted developing our incubator and alternative risk premium strategies. Incubator strategies focus on innovation and emerging themes and are expected to benefit PSP’s medium to long-term return through knowledge acquisition, sharing and transfer. Alternative risk premium strategies seek to invest in assets that have return streams that are uncorrelated to general economic conditions resulting in benefits to the Total Fund. Complementary Portfolio at a glance [In C$ as of March 31, 2021] Net assets under management (AUM) Portfolio income 1-year rate of return Since inception annualized return (4.2 years) VIEW OUR PERFORMANCE Discover where we invest Geographic diversification 96.5% US 3.5% Canada Sector diversification 51.4% Health care 43.7% Financials 4.9% Others Complementary Portfolio in action Fostering Innovation Investment: Radical Ventures Investment Focus: Artificial Intelligence Headquarters: Canada Date: 2019 PSP invested in a new $350 million venture capital fund focused primarily on artificial intelligence (AI), that was launched by Radical Ventures, a Toronto-based venture capital firm. PSP was among the cornerstone investors in the fund. This strategic partnership with Radical Ventures allows PSP to capture and manage knowledge from AI and other disruptive Meet our team leader Eduard van Gelderen Senior Vice President and Chief Investment Officer Explore other asset classes Capital Markets Real Estate Private Equity Infrastructure Credit Investments Natural Resources Want to know how you can experience the edge? Join our team. SITEMAP PRIVACY ACCESS TO INFORMATION TERMS OF USE COOKIE SETTINGS © 2021 PSP INVESTMENTS Use of cookies We use cookies to personalize content and to analyze our traffic. We also share information about your use of our site with our advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. You may manage your cookie preferences by accessing the banner on the left-hand side of your screen. For more information on how we process personal information, please refer to our Privacy Notice. Cookies Settings REJECT ALL ACCEPT ALL