The Caisse de dépôt et placement du Québec (CDPQ) is an institutional investor that manages several public and parapublic pension plans and insurance programs in the Canadian province of Quebec. It was founded in 1965 by an act of the National Assembly under the government of Jean Lesage. It is the second largest pension fund in Canada, after the Canada Pension Plan (CPP). As of June 30, 2015, CDPQ managed net assets of $240,8 billion CAD invested in Canada and elsewhere.