ABR Policiers De Montréal

ABR Policiers De Montréal

The Association de bienfaisance et de retraite des policiers et policières de la Ville de Montréal was founded in 1892 as the dedicated retirement system for the Service de police de la Ville de Montréal. Unlike multi-employer provincial plans, its mandate is confined to a single municipal police force, making its liability profile unusually narrow and its investment horizon tightly aligned with the career cycles of Montreal officers. Savard’s team deploys capital across a deliberately unorthodox mix. On one side sits a highly localized private credit book: a portfolio of residential mortgages issued directly to Montreal police officers. On the other, the fund pursues global alternatives including infrastructure, real estate, and early-stage venture. Holdings include an equity stake in Ivanhoé Cambridge — the real estate arm of the Caisse de dépôt et placement du Québec — and financing for Vantage Data Centers. The fund has also explored blockchain technology exposure, signaling a willingness to seed nascent asset classes. The fund participates actively in the Canadian institutional ecosystem. It is a member of the Association of Canadian Pension Management, with executive Gilles Chouinard representing the organization on national and regional councils. Staff professionals, including Georgi Pavlov, contribute to the CFA Montréal network as moderators and panelists. Former CEO Mario D. Morroni, who led the fund between 2010 and 2014, later moved to Ivanhoé Cambridge as EVP before becoming CEO of Cominar REIT. Structurally, ABRPPVM’s differentiation lies in its dual identity as both a pension administrator and a benevolent association, with the two functions legally and operationally intertwined under one roof. This architecture means the same team that manages a global infrastructure fund also administers a closed mortgage program for active-duty officers — a concentration of purpose that large multi-sector pension platforms cannot replicate.