The portfolio sale to a JV between Arrow Global and Fortress Investment Group is expected to generate roughly C$1 billion in net proceeds to the pension.
The LP interests were reportedly priced at a discount of more than 10% and included software and other tech-focused buyout funds.
The portfolio and single-fund sales included stakes in US-based credit funds with 2019-2022 vintages.
The sovereign wealth fund has reportedly tapped Evercore to assist in trimming its maturing portfolio.
The pension has acquired interests in two component funds within IDR Core Property Trust, an open-ended commingled real estate vehicle.
The pension committed to selling its full interests in several EnCap-managed funds to reduce commodity exposure and diversify away from energy.
The secondary sales of China-focused PE fund interests were reportedly put on hold after buyer valuations failed to meet expectations.
The massive sale delivered C$4 billion in net proceeds and comes on the heels of the pension unloading its remaining European NPL portfolio.
The National Pension Service of Korea and Townsend Holdings have also increased their ownership in the Australian alternative asset manager.
The disposal to a consortium of other UK schemes was facilitated by online LP-led platform MeltX and received legal support from Willkie Farr & Gallagher and Hogan Lovells.
