New strategic partnership with Penfund

The Desjardins Group Pension Plan ​participates to the launch of Penfund's senior debt fund​

​October 3,​ 2024​

 

The Desjardins Group Pension Plan (DGPP) is proud to announce its participation in the launch of a new senior debt fund by Penfund, a Canadian company active for over 30 years in providing tailored financing solutions that enable solid mid-sized companies in North America to grow and develop. 

This partnership reflects our commitment to diversifying our investments, while ensuring stable and secure returns for our participants. We are delighted to work with a long-standing partner like Penfund, who shares our vision of rigorous, high-performance management.  

“This partnership testifies to the relationship of trust we have developed with Penfund over the years, and is in line with our strategy of diversifying and seeking out quality investment opportunities. We are delighted to participate in this innovative fund by collaborating with a player recognized for its expertise in corporate financing, and thus contribute to the long-term solidity of our pension plan” - emphasizes Mathieu Goulet, Head of Private Equity and Private Debt at the DGPP.  

To find out more, read the official Penfund's official press release​. ​

About the Desjardins Group Pension Plan (“DGPP”) ​ 

The DGPP is Desjardins Group's​​ employee pension plan. It is a defined-benefit plan with over 85,000 beneficiaries. At the end of 2022, DGPP assets totalled $16.7 billion, making it one of the largest private pension plans in Canada. 

For further information, visit our website