Bombardier Pension Funds

Bombardier Pension Funds

Bombardier Inc. was established in 1942 by Joseph-Armand Bombardier. The pension plan serves current and former employees of the aviation and rail equipment manufacturer now controlled by the Beaudoin family through Beaudier Inc. Fondation J. Armand Bombardier was created in 1965 as the primary philanthropic vehicle. The plan allocates across global equity, real assets, and private markets. Confirmed holdings include commitments to Sequoia Capital Beijing. Additional positions exist in Goldman Sachs Multi-Manager Global Equity Fund and Goldman Sachs Multi-Manager Real Assets Strategy Fund. Real estate exposure includes the active Pearson International Airport lease in Mississauga and the former Downsview site sold to PSP Investments. Geographic reach centers on Canada with additional exposure in the United States, China, and France. Bombardier Global Pension Asset Management Inc. serves as the dedicated investment advisor. The plan maintains relationships with Ernst & Young as auditor, Hogan Lovells as legal counsel, and Computershare Trust Company of Canada as administrator. May 2024: Sponsored Bombardier Investor Day 2024 in Montreal covering pension risk management alongside deleveraging and growth strategy. Fondation J. Armand Bombardier and the related HMF Beaudoin Family Foundation support education and arts initiatives in Canada and the United States. The plan functions as a corporate pension vehicle rather than a multi-family platform. Governance ties directly to Bombardier Inc. through the Beaudoin family ownership structure and ongoing coordination with CDPQ on financing matters. This architecture produces co-investment access with PSP Investments on Canadian real assets.