Trans-Canada Capital (TCC), a subsidiary of Air Canada managing their pension plans, created the TCC Multi-Strategy Fund in partnership with Montrusco Bolton in 2017. The Fund had approximately $1B in AUM as of April 1st, 2019.
The TCC Multi-Strategy Fund uses a multi-strategy/multi-asset class approach. The Fund invests in different instruments across many asset classes, including bonds, currencies, commodities, credit and equity. The Fund allocates capital to multiple complementary discretionary and systematic strategies, which are designed to have an uncorrelated return to equity markets on an aggregate basis.
TCC has developed a comprehensive risk management framework, which includes pre-trade analysis, portfolio recalibration and collateral management. TCC follows the best practices regarding the operational risk management and dedicates significant resources to the development of new ideas and proprietary systems.
TCC Master Multi-Strategy Fund, L.P.Open-end fund aiming to achieve an attractive risk-adjusted non-market correlated absolute return over a medium to long-term horizon, investing primarily in developed markets across most asset classes.
Target Net Annual Return
MB Solutions Partner
Trans-Canada Capital (TCC) is a wholly-owned subsidiary of Air Canada (a TSX listed company: AC). TCC is based in Montreal and manages the assets of Air Canada pension plans (approximately CAD20 billion). TCC is composed of investment professionals with skillsets spanning liability-driven investing, derivatives, fixed income, alternative investments, short/medium term asset allocation and risk management. TCC’s industry-leading institutional infrastructure offers operational, back-office and IT capabilities, and is well-equipped to implement complex trades and manage risk effectively.