Private company
Who owns CPPIB Fund (multifamily JV with Canada Pension Plan Investment Board)
One company in the researched set discloses a stake in CPPIB Fund (multifamily JV with Canada Pension Plan Investment Board), worth $28m between them. CPPIB Fund (multifamily JV with Canada Pension Plan Investment Board) is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
CPPIB Fund (multifamily JV with Canada Pension Plan Investment Board) - Profile
- Type
- joint venture
- Based in
- United States
- Founded
- 2022
The CPPIB Fund is the multifamily development joint venture announced on 22 February 2022 between Canada Pension Plan Investment Board and LMC, the apartment development arm of Lennar Corporation, capitalised with 979 million US dollars of equity. It develops, builds and operates Class A rental apartment communities in urban and suburban locations across high growth United States metropolitan areas where housing supply lags renter demand: CPP Investments supplies the great majority of the capital while LMC contributes its development management, construction management, property management and investment management platforms and sources the deals. The venture launched with five seed assets totalling 1,371 apartment homes, one in Boston, one in Miami and three in Denver, and had access to more than 1.25 billion dollars of further pipeline investments beyond that starting portfolio.
Source
CPPIB Fund (multifamily JV with Canada Pension Plan Investment Board) files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from LMC and CPP Investments Form $979 Million Multifamily Joint Venture (Newswire.ca, 22 February 2022), Lennar Corporation Form 10-Q for the quarter ended 31 August 2024 (SEC) and CPPIB, LMC commit $979m to US multifamily residential JV (PE Hub). The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- Lennar Corporation (LEN), as of 31 May 2026. Lennar's Q2 FY2026 10-Q states a $28.1 million investment in the CPPIB Fund as of 31 May 2026. The FY2025 10-K separately states 'Lennar's ownership percentage in the CPPIB Fund is 4%' (also described there as expected to reach almost $1.0 billion in fund equity). Both figures are filed, from adjacent but not identical dates. sourcesource 2
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of CPPIB Fund (multifamily JV with Canada Pension Plan Investment Board) where a holder stated one, and are missing where no holder did.