HOOPP's private equity portfolio shows 16.3 pct return in 2014

Healthcare of Ontario Pension Plan (HOOPP) turned in a return on its investments of 17.71 percent at the end of 2014, driving its net assets to a record $60.8 billion, up from $51.6 billion in 2013. 2014 results raised the pension plan's 10-year return to 10.27 percent, and its 20-year return to 9.98 percent. HOOPP, which manages retirement funds on behalf of Ontario healthcare workers, credited its performance to a liability-driven investing approach. Its private equity portfolio contributed to overall numbers, showing a return of 16.3 percent last year.

ManagersCanadaNorth AmericaBriefs