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by ypzhang2
1473 days ago
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Look up the "Canadian Model". Canadian Pensions like OTPP are run more like private equity funds and they compensate their employees the same way in order to compete in terms of talent in order to generate deal-flow and deal identification. Traditionally, this has meant above market returns and is one of the reasons that Canadian pensions are generally well funded. This highlights the difference: https://blogs.cfainstitute.org/investor/2016/05/17/lessons-f... |
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