Hospitals of Ontario Pension Plan (HOPP) is a privately owned investment management firm. The firm provides its services to Pensioners, Deferred Pensioners, and Participating Employers. It manages pension funds and principal investment funds for its clients. The firm invests in the public equity and fixed income markets of the United States and other international economies. The firm also invests in alternative investments and real estate markets. It also makes limited partnership investments. For equity investments, the firm invests in large-cap companies of U.S. and Canada. For fixed income, it invests in 18% universe bond with maturities beyond one year, 15% in long bond with maturities beyond 10 years , 5% in real return bond providing an inflation hedge, and 2% in short term money market securities generally maturing within one year. For its real estate investments, the firm manages a portfolio with strong expertise in office, industrial, and retail sector holdings. The firm also makes alternative investments such as buyouts/corporate finance, direct investments, distressed debt/turnarounds, and mezzanine. Hospitals of Ontario Pension Plan was founded in 1991 and are based in Toronto, Canada.