# Colleges of Applied Arts & Technology Pension Plan

Colleges of Applied Arts & Technology Pension Plan is a Pension Fund based in Toronto, Canada.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Toronto, Canada
- **Region:** North America
- **Address:** 250 Yonge Street Suite 2100, P.O. Box 40, Toronto, Ontario, Canada M5B 2L7
- **Founded:** 1967
- **Assets under management:** 23300 (Altss estimate)
- **Website:** caatpension.ca
- **LinkedIn:** https://ca.linkedin.com/company/caat-pension-plan

## Regulatory record

- **Reports private funds:** No

## About

The Colleges of Applied Arts & Technology Pension Plan was established in 1967 to serve the Ontario college system. It now delivers defined-benefit pensions to members in multiple sectors while maintaining a focus on sustainable retirement income. The plan targets a 15% allocation to private equity and holds positions in funds including BlackRock Long Term Private Capital and Renaissance Learning. Real estate exposure includes direct holdings such as 100 University Avenue in Toronto, a Greystone Real Estate Fund commitment of $480M, and a Carlyle Property Investors position of $444M. Infrastructure investments cover Pattern Energy wind assets in Ontario and New Mexico plus energy transition projects. Geographic reach centers on Canada with additional exposure in the United States and United Kingdom. The plan employs 201 professionals and maintains memberships in PIAC, ILPA, PRI and CAASA. Derek Dobson resigned as CEO in March 2026; Kevin Fahey assumed the acting CEO role alongside his CIO duties. The plan sponsored the Benefits Canada Investment Division Summit in May 2024. Governance centers on a multi-employer structure that separates plan administration from investment execution through dedicated committees and external advisors including Mercer and Deloitte.

## Sectors

- Private Equity
- Real Estate
- Infrastructure

## People

- Kevin Fahey — Acting CEO and Chief Investment Officer
- Jillian Kennedy — Chief Operating Officer
- Evan Howard — Chief Pension Officer

## Questions

### Who runs investment decisions at CAAT Pension Plan?

Kevin Fahey serves as Acting CEO and Chief Investment Officer. Evan Howard holds the Chief Pension Officer role. Jillian Kennedy is Chief Operating Officer.

### Does CAAT Pension Plan participate in fund commitments or only direct deals?

The plan commits to funds such as BlackRock Long Term Private Capital and Greystone Real Estate Fund. It also holds direct real estate assets including 100 University Avenue and co-investments in Pattern Energy wind assets.

### What asset classes does CAAT Pension Plan allocate to?

Allocations include private equity at a 20.44% current weight against a 15% target, real estate, commodities at a 3% target, and energy transition infrastructure.

### Where does the underlying membership base come from?

The plan originated to serve Ontario colleges and has expanded to more than 800 employers across 20 industries with over 125,000 active and retired members.

### How is CAAT Pension Plan related to its service providers?

Deloitte LLP acts as auditor. Mercer (Canada) Limited provides actuarial and investment advisory services. CIBC Mellon serves as custodian.

## Related profiles

- [Canada Post Defined Benefit Pension Plan](https://altss.com/profile/canada-post-defined-benefit-pension-plan)
- [P+](https://altss.com/profile/p-pensionskassen-for-akademikere)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/colleges-of-applied-arts-technology-pension-plan

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