Infrastructure Investors in Toronto

CDPQ (Caisse de dépôt et placement du Québec) is a global investment group that manages funds primarily for public and parapublic pension and insurance plans in Quebec, Canada. The firm invests constructive capital across various asset classes, including private equity, equity markets, private credit, infrastructure, and real estate, with a mandate to generate optimal financial returns for its depositors while contributing to Quebec's economic development. CDPQ is recognized as one of the largest and most diversified institutional investors globally, actively seeking opportunities that drive performance and progress in both local and international markets.Established on July 15, 1965, by an act of the National Assembly under the government of Jean Lesage, CDPQ was created as part of Quebec's Quiet Revolution. Its initial purpose was to manage the funds of the newly formed Quebec Pension Plan, aiming to provide financial security for Quebecers in retirement. Over the decades, CDPQ has continuously expanded its operations and diversified its investment portfolio, growing into a significant player in the global investment landscape. The firm operates with a dual headquarters in Quebec City and Montreal, and maintains a strong commitment to sustainable investing, integrating environmental, social, and governance (ESG) factors into its investment decisions.CDPQ's portfolio includes a wide array of notable investments across various sectors and regions. Recent activities highlight investments in areas such as diagnostics (ARCHIMED Diagnostics), digital infrastructure (Vertical Bridge, NEXTDC, Affinius Capital – Data Center Fund), energy infrastructure and renewables (ILOS, Invenergy Renewables, AES Ohio), and logistics (Prologis). The firm also holds stakes in companies within business services (AlixPartners, Grant Thornton, Allied Universal, USI Insurance Services, Schellman), retail (Metro, Cozey), industrials (Innovair Solutions), and transport infrastructure (Eurostar, Keolis, Alstom). These investments underscore CDPQ's strategy of partnering with leading companies to foster growth and innovation globally.The firm's team comprises multidisciplinary professionals with expertise across various investment sectors and asset classes. CDPQ emphasizes a rigorous and accountable approach to investment management, guided by a robust governance framework. With offices in key financial hubs worldwide, including New York, London, Paris, New Delhi, Singapore, and Sydney, CDPQ leverages its global presence and diverse talent to identify promising opportunities and execute complex transactions, aiming to create enduring value for its depositors and the broader economy.

Crestline Investors is a prominent alternative investment management firm that specializes in providing creative capital solutions across various market and economic cycles. The firm employs a multi-strategy approach, offering expertise in specialty sectors and business lines to identify opportunities throughout the capital structure. Their core offerings include Capital Solutions, Direct Lending, and Fund Liquidity Solutions, catering to a diverse range of clients from underserved middle-market companies to mature private equity funds.Founded in 1997 by Doug Bratton, Crestline Investors has grown into an institutional alternative investment manager with a global presence. The firm was established with a focus on credit and opportunistic investments, initially managing an absolute return asset allocation for members of the Bass family. Over the years, Crestline has expanded its capabilities to include a broad suite of investment solutions, aiming to deliver consistent risk-adjusted returns through its credit expertise and innovative products.Crestline's investment focus spans a wide array of industries, including business services, consumer, digital infrastructure, education, healthcare, industrials, real estate, and technology. They provide flexible financing solutions such as senior debt, structured equity, unitranche, and second-lien opportunities. Notable activities include providing NAV loans to real estate funds and credit facilities to various businesses, demonstrating their commitment to supporting growth and facilitating strategic transactions for their portfolio companies.The firm's team comprises seasoned investment professionals with extensive experience in investment banking and alternative investments. They leverage a specialized industry approach and an experienced advisor network to identify value and act as a valued-added resource for companies. Crestline's global reach extends to sophisticated institutions, family offices, and high-net-worth individuals across North America, Europe, and Asia, with offices strategically located to serve these markets.

CVC DIF is the infrastructure strategy of CVC, a leading global private markets manager with a global network of 30 offices and €200 billion of assets under management. The firm aims to deliver high-performing infrastructure investments that create sustainable long-term value for stakeholders.CVC DIF manages €19 billion in assets and focuses on investing on behalf of partners, including pension funds, sovereign wealth funds, insurance companies, and other leading institutions globally.The investment focus of CVC DIF includes infrastructure investments, specifically in the areas of energy transition, digital infrastructure, transport, and utilities. The firm is dedicated to creating sustainable value through its investments, reflecting a commitment to responsible infrastructure management.With a strong emphasis on collaboration and excellence, CVC DIF is composed of a community of international professionals who work together to achieve the firm's objectives.

DCARBON is a Canadian family office that operates as an investment firm, focusing on extraordinary founders who are dedicated to decarbonizing the world. The firm primarily invests in pre-seed to Series A climate tech start-ups globally. Their investment strategy is distinguished by over 50 years of experience in infrastructure investing, which provides a unique perspective when collaborating with founders to navigate the path to commercialization and secure institutional capital.Founded by Albert Lin, DCARBON leverages a deep understanding of strategic finance to support its portfolio companies. Prior to establishing DCARBON, Albert Lin held the position of Senior Vice President, Investments, with Brookfield Asset Management, bringing significant expertise in large-scale investments to the firm.DCARBON's diverse portfolio showcases its commitment to climate innovation across various sectors. Notable investments include SpaceX, which is advancing telecommunication and satellite monitoring; Group 14, a leader in advanced silicon battery technology; ZayZoon, a fintech platform for earned wage access; Peak Power, offering battery, EV, and building-to-grid optimization; CalWave, developing autonomous wave energy converters; Erthos, creating bio-plastic resins from plant waste; Clean Fiber, manufacturing sustainable insulation; Harvest Thermal, enabling homes to act as thermal batteries; and Ascend Elements, focused on recovering critical minerals from EV batteries.The firm's team, led by Albert Lin, is described as well-rounded with deep expertise in strategic finance, aiming to foster a greener, brighter future through their investments. They actively partner with founders, providing not just capital but also strategic guidance to help scale transformative technologies.

Denham Capital is a global energy transition investment firm specializing in private equity and credit investments. Founded in 2004, the firm focuses on sustainable infrastructure assets, critical metals and minerals, and provides bespoke credit solutions to companies worldwide that are contributing to the global energy transition. They are dedicated to establishing long-term partnerships with entrepreneurs and companies who share their vision for growth and value creation.The firm was founded in 2004 and has since raised over $12 billion in capital across multiple fund vehicles. Denham Capital's investment philosophy is built on a foundation of experience, fairness, economic rationale, flexibility, and trust. They emphasize socially responsible development and stewardship, which are deeply rooted in their culture and investment approach.Denham Capital's portfolio includes investments in various sustainable infrastructure projects, such as wind and solar energy, and critical metals and minerals essential for decarbonization and supply chain security. Notable activities include backing the development of numerous wind, solar, and other energy transition projects globally, and recent partnerships to convert coal plants to power data centers in the U.S. and Europe.The firm's team comprises experienced professionals with deep industry knowledge and operational know-how. Key leaders include Stuart Porter, CEO and Partner, and Justin DeAngelis, Partner and Global Head of Sustainable Infrastructure. The team's diverse backgrounds and expertise in sectors like power, renewables, and mining enable them to deliver financial resources and industry insights to foster successful infrastructure and resource businesses.

GCM Grosvenor is a global alternative asset management firm that provides customized investment solutions across a broad spectrum of alternative investments. The firm manages approximately $91 billion in assets under management as of 2025, serving a diverse client base that includes institutions, family offices, and individuals worldwide. They specialize in developing tailored portfolios for clients seeking allocations to alternative investments such as private equity, infrastructure, real estate, credit, and hedge fund strategies.Founded in 1971 by Richard Elden, GCM Grosvenor has a history spanning over 50 years in the alternative investment landscape. The firm pioneered the fund of hedge funds model in the United States and has since expanded its offerings to include multi-manager portfolios, direct investments, and co-investments across various asset classes. In August 2020, GCM Grosvenor became a public company, trading on The Nasdaq Capital Market under the ticker "GCMG" since November 18, 2020.GCM Grosvenor's investment approach emphasizes responsible investing, with approximately $28 billion in sustainable and impact assets under management. They also focus on supporting small, early-stage, diverse, and women alternative investment managers, with over $30 billion in AUM dedicated to these groups. The firm's team of approximately 550 professionals brings deep expertise across the alternatives landscape, offering tailored access to strategies, sectors, and geographies globally. Key investment areas include private equity, real estate, infrastructure, private debt, and impact investing, with a focus on energy transition strategies.

The Healthcare of Ontario Pension Plan (HOOPP) is a prominent Canadian institutional investor that manages a multi-employer defined benefit pension plan for healthcare workers across Ontario. Established in 1960, HOOPP's primary mission is to provide a secure and reliable lifetime pension for its members, ensuring financial stability in retirement. The firm employs a comprehensive Total Portfolio Approach to manage its substantial assets, focusing on balancing liquidity, cash flow, inflation sensitivity, growth, and overall portfolio resilience. This strategy allows HOOPP to make deliberate and timely investment decisions in response to evolving market conditions.HOOPP's investment strategy is globally diversified across various asset classes, including public equities, fixed income, private equity, real estate, infrastructure, and private credit. The firm also incorporates sustainable investing principles, integrating environmental, social, and governance (ESG) factors into its analysis and decision-making processes to enhance portfolio resilience and identify sustainability and energy-transition opportunities. With offices in Toronto and London, HOOPP manages a multi-asset portfolio across public and private markets, with a significant portion of its investments made outside of Canada, particularly in the United States, Europe, and Asia.Notable transactions and investments by HOOPP include acquiring a 20% equity stake in Chobani in 2018, a minority stake in Herschel Supply Co. in 2019, and a 45% stake in Greencross in 2022 alongside AustralianSuper. The firm has also led significant real estate developments such as iPort Cambridge, a logistics and industrial complex in Ontario, and The Willoughby, a mixed-use residential building in Brooklyn, New York. HOOPP's commitment to sustainable investing is evident in its goal to allocate $23 billion towards green investments by 2030, while also managing existing investments in sectors like oil and gas.The firm's leadership comprises an Executive and Senior Leadership Team and a Board of Trustees. The Board is composed of 16 Trustees appointed by five Settlor organizations, including the Ontario Hospital Association and various healthcare unions, ensuring a governance model that represents both management and workers. HOOPP is dedicated to fostering an equitable, diverse, and inclusive workplace, attracting talented individuals who contribute to its mission of delivering retirement security for Ontario's healthcare community.

iCON Infrastructure LLP is an independent, executive‑owned investment firm founded in 2011 (spinning out of a Deutsche Bank team formed in 2004). Since becoming fully independent the firm has raised six flagship funds and grown to over 75 professionals across offices in London, New York, Paris, Berlin, Düsseldorf and Toronto. It advises on approximately USD 8 billion in capital committed by blue‑chip institutional investors across Europe, North America, the Middle East and Asia. The firm specializes in long‑term equity investments in privately held mid‑market infrastructure businesses operating across core sectors including transport, utilities, telecoms, energy, environment and social infrastructure. Its portfolio spans well‑known assets such as Bristol Water, SELCHP (waste‑to‑energy in London), Gridlink interconnector, and healthcare, energy and communications infrastructure across Europe and North America. iCON’s culture emphasizes meritocracy, entrepreneurship and ownership mentality, grounded in a collaborative team environment supported by a broad network of sector specialists. The firm is regulated by the UK Financial Conduct Authority and in the U.S. operates via iCON North America Inc., a SEC‑registered adviser.

Kilmer Group is a multi-generational platform for business development and investment based in Toronto, Canada. The firm operates as a family-owned and professionally managed holding company, focusing its investments across three primary verticals: Private Equity, Infrastructure & Real Estate, and Sports & Media. Kilmer Group emphasizes a long-term investment horizon, partnering with management teams to foster sustainable growth both organically and through acquisitions, and is known for its operational expertise and relationship-driven approach.The firm's roots trace back to the 1950s when the Tanenbaum family acquired Kilmer Van Nostrand (KVN). Over the decades, KVN diversified from construction and ready-mixed concrete into major civil works, including subway systems in Toronto, Atlanta, and Caracas. The 1970s saw the acquisition of Warren Paving and Materials Group, which grew into a national asphalt and aggregates platform. Kilmer Group formalized its equity investing through Kilmer Capital Partners in the 1990s, notably leading the initiative to acquire the Toronto Raptors and Air Canada Centre, creating Maple Leaf Sports & Entertainment.Kilmer Group's portfolio spans a wide array of industries. Notable investments and developments include significant stakes in sports franchises like the Toronto Maple Leafs and Toronto Raptors, as well as the acquisition of the Toronto Argonauts. In the infrastructure and real estate sectors, the firm has been involved in major projects such as the Pan Am Village (Canary District), Billy Bishop Airport, and various residential developments, surpassing 10,000 homes completed or in progress. Their private equity investments have included companies in pharmaceutical services (Altasciences), business process outsourcing (Atelka), and consumer goods (Give & Go, Coca-Cola Bottling).The team at Kilmer Group brings extensive experience in operating and investing across diverse industries. Key leadership includes Lawrence Tanenbaum, OC, Chairman & CEO of Kilmer Van Nostrand Co. Limited, and Kenneth M. Tanenbaum, Vice Chair. The firm's investment philosophy, particularly its shift to a fund-less model, underscores its commitment to longer hold periods and a focus on being a long-term owner in well-established businesses with strong cash flows across North America.

Founded in 2019, Power Sustainable is a global alternative asset manager headquartered in Montreal, Canada. The firm focuses on investments that deliver both competitive financial returns and positive sustainability outcomes. As a subsidiary of Power Corporation of Canada (TSX: POW), Power Sustainable leverages its parent company's extensive network and resources to drive sustainable investment strategies across various sectors. Power Sustainable operates through four primary investment platforms: Energy Infrastructure Equity, Global High-Yield Infrastructure Credit, Agri-Food Private Equity (Lios), and Decarbonization Private Equity. These platforms target sectors undergoing significant transformation due to climate change and sustainability challenges, including renewable energy, sustainable agriculture, and resource-efficient industries. The firm's investment approach integrates sustainability factors throughout the investment process, aiming to contribute to lasting sustainable development. As of December 31, 2024, Power Sustainable manages approximately CAD 4.2 billion (USD 3.1 billion) in assets under management. The firm has offices in Montreal, Toronto, and Miami, supporting its operations across North America and internationally. Power Sustainable's team comprises experienced professionals dedicated to accelerating the transition to a sustainable economy through strategic investments and partnerships.