Our Story
The International Centre for Pension Management (ICPM) was founded in 2004 by Keith Ambachtsheer at the Rotman School of Management, University of Toronto, in order to bridge the gap between academic research and the pension fund industry. ICPM became an independent non-profit organization in 2015 and has grown into a global network of 55 pension funds and related organizations that together manage more than 9 trillion dollars of assets. We design biannual Discussion Forums and year-round virtual round tables for the network, education programs for pension fund board members, trustees, and C-suite executives, research initiatives for academics, and public webinars and thought leadership series for practitioners, policy-makers, and the broader public.

What makes ICPM unique?
International
A network of the most sophisticated funds in the world to bring together the diverse perspectives of various jurisdictions.
Community
A committed group of senior-level peers who are enthusiastic about sharing with and learning from each other.
Trusted Setting
A safe space exclusively for asset owners that fosters open and frank discussions among the network, with sessions under Chatham House Rule and free from sell-side or media.
Diverse Approaches
A forum where events are curated to explore a wide range of industry issues and highlight how funds approach these issues from different perspectives.
Research
A connection to the academic community that translates the latest, cutting-edge research into practical takeaways.
ICPM is not an advocacy group and does not make policy recommendations. ICPM also does not facilitate joint investments.
Our Network

Worldwide
World Bank
Australia
Australian Retirement Trust
AustralianSuper
Aware Super
Cbus
New South Wales Treasury Corporation (TCorp)
Victorian Funds Management Corporation
Canada
Alberta Investment Management Corp (AIMCO)
Alberta Teachers’ Retirement Fund
British Columbia Investment Management Corp. (BCI)
British Columbia Municipal Pension Board of Trustees
La Caisse
CPP Investments
Desjardins Group Pension Plan
Healthcare of Ontario Pension Plan (HOOPP)
Investment Management Corporation of Ontario (IMCO)
Local Authorities Pension Plan Corp (LAPP Corp.)
Ontario Municipal Employees Retirement System (OMERS)
Ontario Power Generation
Ontario Teachers’ Pension Plan (OTPP)
OPTrust
Public Sector Pension Investment Board (PSP)
University Pension Plan
Chile
AAFP Chile
AFP Habitat
Denmark
Danish Labour Market Supplementary Pension (ATP)
Malaysia
Kumpulan Wang Persaraan (Diperbadankan) (KWAP)
Netherlands
ABP
Algemene Pensioen Groep (APG)
PGGM
Philips Pensioenfonds
Pensioenfonds Metaal & Techniek (PMT)
Stichting Bedrijfstakpensioenfonds voor de Detailhandel
New Zealand
Annuitas Management Limited
New Zealand Superannuation Fund
Norway
Norges Bank Investment Management
Singapore
GIC Private Limited
South Africa
FirstRand
GEPF
Sweden
AP7
United Kingdom
Border to Coast Pensions Partnership
LPPI
Nest
Pension Protection Fund
People’s Partnership
Railpen
Universities Superannuation Scheme (USS)
United States
California Public Employees’ Retirement System (CalPERS)
California State Teachers’ Retirement System (CalSTRS)
New York State Teachers’ Retirement System (NYSTRS)
Oregon Investment Council (OIC)
State of Wisconsin Investment Board (SWIB)
TIAA Institute
Virginia Retirement System (VRS)
Washington State Investment Board (WSIB)
Our People
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Chair (Independent)
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Vice-Chair (APG US)
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New South Wales Treasury Corporation
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Virginia Retirement System
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Universities Superannuation Scheme
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FirstRand Retirement Fund
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OPTrust
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State of Wisconsin Investment Board (SWIB)
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Annuitas Management Limited
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PGGM
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AAFP Chile
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Victorian Funds Management Corporation (VFMC)
Rotman School of Management

ICPM maintains a special relationship with the Rotman School of Management at the University of Toronto as ICPM’s Founding Academic Partner. ICPM began as a research centre within Rotman in 2004 when Keith Ambachtsheer sought to bridge the gap between academic research and the pension fund industry. With the support of Founding Chair Brendan Calder, the centre started as a dialogue mainly between Canadian and Dutch funds. At this time, the centre issued the Rotman International Journal of Pension Management, with dozens of influential academic papers originating from Rotman and ICPM.
The centre quickly attracted interest from funds from around the world that were yearning for peer discussions. As it became clear the network would continue to grow and become an international network for practitioners, ICPM became its own independent non-profit organization in 2015. ICPM is grateful for the strong foundation that was built at Rotman and the school’s continued support.
ICPM currently works with Rotman on several initiatives:
- Education: The Pension Governance Education Program and other education offerings provide a foundation to pension fund trustees and board members on key topics. The carefully developed curriculum gives boards and management the knowledge to make informed decisions and fulfill their fiduciary duties effectively.
- Research: The annual ICPM Research Award recognizes world-class academic research that has the potential to shape the future of the pension industry. This joint research initiative with Rotman enables ICPM to better bridge the academic world and practical day-to-day governance and design of pension organizations.
- Events: Every two years, the ICPM Discussion Forum returns to Rotman and brings together senior pension executives from around the world and Rotman academics to discuss the most timely and relevant pension topics.
Thank you to the senior leadership at Rotman School of Management for their active partnership and collaboration:

Susan Christoffersen
Dean and Professor of Finance, William A. Downe BMO Chair in Finance

Partha Mohanram
Vice-Dean, Research, Resources and Interdivisional Programs, Professor of Accounting, and John H. Watson Chair in Value Investing