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CPP Investments

John Graham
President and Chief Executive Officer

Backed with funds from the Canada Pension Plan, CPP Investments had more than $590 billion in assets at the end of 2023. In April, it sold its stake in Madrid-based Dorna Sports, the commercial rights holder for MotoGP and the WSBK Championships, to Liberty Media at a roughly $4.5 billion valuation. That followed its 2018 acquisition of a stake in Sportradar that valued the sports data firm at $2.4 billion (it went public at an $8 billion valuation three years later). CPP is not to be confused with OMERS, another Canadian pension plan that in November acquired a 5% stake in Maple Leaf Sports & Entertainment through an investment in Larry Tanenbaum’s Kilmer Sports.