Canada Pension Plan Investment Board ("CPP Investments") and Brookfield Asset Management Ltd. ("Brookfield") today announced the launch of the Maple Fund, a joint cooperation framework to generate and execute up to C$50 billion in equity of large-scale investments in critical infrastructure and strategic industries across Canada.

The Maple Fund brings together CPP Investments' expertise, long-term approach and capital with Brookfield's development, operating and execution capabilities. The framework is intended to expand the range of opportunities the two organizations can pursue together, particularly large and complex projects that require significant upfront resources and development capabilities.