Investment Managers


TRAF engages various investment managers to select the individual stocks, bonds and other securities for each asset class. The table below summarizes our primary managers by asset class:

Manager Mandate(s) Year
Engaged
Fixed Income    
Greystone Managed Investments Cash & Short-Term 1999
  Universe Bonds 1999
  Mortgages 1999
TD Asset Management Long Bonds 2007
Barings Asset Management High Yield Debt 2017

Public Equity    
Greystone Managed Investments Canadian 1999
TD Asset Management Canadian 2007
  US 2012
  International (EAFE) 2011
QV Investors Canadian 2010
INTECH Investment Management US 2004
Dimensional Fund Advisors Canadian 2011
  US 2007
  International (EAFE) 2007
  International (Emerging Markets) 2007
Connor, Clark & Lunn Investment Management
Canadian
2013
Arrowstreet Capital Global 2015
AQR Capital Management Global 2015

Private Equity    
Northleaf Capital Partners Debt-Oriented 2002
Penfund Debt-Oriented 2007
CAI Capital Partners Equity-Oriented 1991
Northleaf Capital Partners Equity-Oriented 2002
TorQuest Partners Equity-Oriented 2002
Adams Street Partners Equity-Oriented 2003
Paul Capital (Top Tier Capital) Equity-Oriented 2003
CentreStone Ventures Equity-Oriented 2004
Richardson Capital Equity-Oriented 2004
Parallel49 Equity Equity-Oriented 2006
TriWest Capital Partners Equity-Oriented 2012
Advent International Equity-Oriented 2016
Brookfield Asset Management Equity-Oriented 2016
Clayton, Dubilier & Rice Equity-Oriented 2017

Real Estate    
Greystone Managed Investments Canadian 1999

Infrastructure    
Macquarie Infrastructure and Real Assets
Global

2004
Fiera Infrastructure Global 2011
Brookfield Asset Management Global 2016
Global Infrastructure Partners Global 2016