
Ontario Teachers' Pension Plan
Description
The Ontario Teachers' Pension Plan (OTPP) is one of Canada's largest and most respected institutional investors, managing the pensions of over 340,000 active and retired teachers in Ontario. Established in 1990, OTPP has grown to become a global powerhouse, with net assets under management reaching an impressive $247.5 billion as of December 31, 2023. Its investment strategy is characterized by a long-term horizon, a highly diversified portfolio across various asset classes, and a commitment to patient capital, enabling it to pursue complex and large-scale opportunities worldwide.
OTPP's investment approach spans public and private markets, including public equities, fixed income, real estate, infrastructure, natural resources, and private equity. A significant part of its strategy involves direct investments, particularly through specialized platforms. The Teachers' Innovation Platform (TIP) and Teachers' Venture Growth (TVG) are two key initiatives that focus on late-stage venture and growth equity investments. These platforms target disruptive technology companies, as well as high-growth businesses in sectors such as enterprise software, fintech, healthcare, and consumer technology.
Through TIP and TVG, OTPP acts as a substantial growth equity investor, providing significant capital to companies with proven business models and strong growth trajectories. They are not typically involved in early-stage seed or Series A rounds, but rather focus on later-stage funding that can range from tens to hundreds of millions of dollars. Their global reach allows them to identify and invest in promising companies across North America, Europe, and Asia, leveraging their deep industry expertise and extensive network.
OTPP's commitment to innovation and its substantial capital base position it as a critical partner for scaling companies seeking significant growth investment. Their patient capital approach and focus on long-term value creation align well with companies aiming for sustainable expansion and market leadership.
Investor Profile
Ontario Teachers' Pension Plan has backed more than 64 startups, with 3 new investments in the last 12 months alone. The firm has led 21 rounds, about 33% of its total and boasts 47 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Private Equity, Series D rounds (top funding stages).
- Majority of deals are located in United States, Canada, United Kingdom.
- Strong thematic focus on Software, Information Technology, Internet.
- Led 1 rounds in the past year.
- Typical check size: $50M – $500M.
Stage Focus
- Series C (25%)
- Private Equity (19%)
- Series D (13%)
- Series E (8%)
- Series B (8%)
- Series Unknown (6%)
- Post Ipo Equity (5%)
- Post Ipo Secondary (3%)
- Convertible Note (3%)
- Series J (3%)
Country Focus
- United States (58%)
- Canada (14%)
- United Kingdom (8%)
- India (5%)
- Bahamas (3%)
- Germany (3%)
- Sweden (3%)
- Singapore (3%)
- United Arab Emirates (2%)
- China (2%)
Industry Focus
- Software
- Information Technology
- Internet
- Health Care
- Telecommunications
- Biotechnology
- Artificial Intelligence (Ai)
- Enterprise Software
- Pharmaceutical
- Medical
Frequently Asked Questions
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