Pension Fund

Updated:

CPEGQ

CPEGQ was established in 2003 to deliver defined-benefit retirement benefits to staff at CPEs and subsidized private daycares across Quebec. The plan operates...

CPEGQ logo

CPEGQ

CPEGQ was established in 2003 to deliver defined-benefit retirement benefits to staff at CPEs and subsidized private daycares across Quebec. The plan operates under a governance structure that includes designees from the Ministère de la Famille and the Fédération de la santé et des services sociaux. Assets are deployed through a long-standing mandate with CDPQ. Confirmed exposures include the CDPQ Real Estate Portfolio, the Infrastructure Portfolio, a global public equity book, and a diversified commodities and futures sleeve. The fund also maintains cryptocurrency positions in BTC and ETH. Geographic reach covers Canada and international markets through CDPQ vehicles. The investment team comprises two professionals. Marc-André Fréchette assumes the CIO role in January 2025 after prior roles at Addenda Capital and BlackRock. November 2023: Spoke at the CAASA Annual Conference on benchmarking and asset allocation in volatile markets. CPEGQ maintains memberships in CAASA and the GRI Institute. Investment decisions rest with CDPQ under a pooled structure (Fonds 348) that gives CPEGQ full ownership of its dedicated sleeve while outsourcing execution, custody, and ESG integration to the larger manager.

General information

Firm type

Pension Fund

Year founded

2003

Location

Region

North America

Country

Canada

City

Montreal

Corporate office

1010 rue Sherbrooke ouest Bureau 720, Montreal, Quebec, Canada H3B 4V3

Principals

Pierre Girard

Director General

Marc-André Fréchette

CIO

Pierre Bélanger

Former CIO

Sector focus

Private EquityReal EstateInfrastructurePrivate Debt

Frequently asked questions

Who runs investment decisions at CPEGQ?

Day-to-day portfolio management is delegated to CDPQ under a long-term mandate. Pierre Girard serves as Director General and Marc-André Fréchette becomes CIO in January 2025.

How does CPEGQ source proprietary deal flow?

The fund does not source deals directly. All private-market exposure arrives through CDPQ's existing platforms in private equity, real estate, and infrastructure.

Does CPEGQ participate in fund commitments or only direct deals?

Exposure occurs via pooled vehicles and mandates at CDPQ rather than standalone fund commitments or direct co-investments by CPEGQ itself.

What investment stages does CPEGQ typically target?

The plan holds a mix of mature private-equity positions, operating real-estate assets, and infrastructure projects; no early-stage venture allocation is disclosed.

Where does the underlying wealth come from?

Assets derive from employer and employee contributions to the defined-benefit plan covering staff at CPEs and subsidized private daycares in Quebec.

How is CPEGQ related to CDPQ?

CDPQ acts as investment manager for the entire portfolio under a mandate that began in 2003; CPEGQ retains ownership of its dedicated sleeve within Fonds 348.

Does CPEGQ maintain philanthropic structures?

No separate foundation or grant-making vehicle is disclosed; the plan focuses solely on retirement-benefit delivery.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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