News Summary

The Ontario Teachers’ Pension Plan (OTPP) reported a 30.2% return on its venture growth investment portfolio for the year 2025, significantly outperforming its one-year benchmark of 18.5%. This success was driven by robust performances from investments in SpaceX and Databricks, both of which are on track for potential public offerings. The Teachers’ Venture Growth (TVG) segment, which focuses on tech companies at the Series B stage and beyond, increased its share of the OTPP portfolio from 4% to 6% in 2025, amounting to $15.3 billion CAD in net investments. Despite the strong results in venture growth, OTPP’s private equity portfolio experienced a 5.3% loss, contributing to the fund’s overall return of 6.7%, which fell short of its 7% target due to setbacks in private equity and real estate investments.