Pension Fund

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Musicians' Pension Fund of Canada

The Musicians' Pension Fund of Canada was established in 1962 through agreements negotiated by the American Federation of Musicians. Ellen M.

Musicians' Pension Fund of Canada

The Musicians' Pension Fund of Canada was established in 1962 through agreements negotiated by the American Federation of Musicians. Ellen M. Versteeg-Lytwyn has served as long-time Executive Director and now chairs the Board of Trustees. Bernard LeBlanc serves as Vice-Chair. The fund allocates 11.3 percent to private equity, 11.4 percent to real estate, 10.4 percent to infrastructure, 14.1 percent to private debt and 4.1 percent to mortgages as of December 31, 2024. Public equity holdings include an 11.6 percent allocation to Canadian equities and a 22.6 percent allocation to global equities. Geographic exposure covers Canada and international markets. RBC Investor Services Trust acts as custodian. The fund maintains membership in the International Foundation of Employee Benefit Plans. Trustees attend the Annual Employee Benefits Conference.

General information

Firm type

Pension Fund

Year founded

1962

Location

Region

North America

Country

Canada

City

Toronto

Corporate office

200 Yorkland Boulevard Suite 605, Toronto, Ontario, Canada

Principals

Ellen M. Versteeg-Lytwyn

Chair of the Board of Trustees

Bernard LeBlanc

Vice-Chair of the Board of Trustees

William (Bill) J. Stafford

Trustee

Sector focus

Private EquityReal EstateInfrastructurePrivate Debt

Frequently asked questions

Who runs investment decisions at Musicians' Pension Fund of Canada?

The Board of Trustees, chaired by Ellen M. Versteeg-Lytwyn, sets investment policy. Day-to-day administration follows the Statement of Investment Policies and Procedures.

How does the fund source its private equity exposure?

The fund invests in private equity through limited partnership commitments and direct holdings. No specific fund names or co-investors are disclosed in public records.

What is the fund's geographic footprint?

Investments include Canadian real estate, Canadian equities and global equities. Infrastructure and private debt holdings extend to international markets.

Does the fund maintain a relationship with the American Federation of Musicians?

Yes. The fund was created through collective bargaining with the AFM and maintains a reciprocal vesting agreement with the AFM-EPF in the United States.

Which asset classes receive the largest allocations?

Global equities represent 22.6 percent and private debt represents 14.1 percent of assets as of December 31, 2024.

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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