Vestcor Inc. Welcomes the Community Foundation of PEI | July 23, 2025
July 23, 2025
Fredericton, NB — Vestcor Inc. (Vestcor), Atlantic Canada’s largest institutional investor, is proud to announce a major milestone: Welcoming the Community Foundation of Prince Edward Island (CFPEI) as its newest client. CFPEI is part of the network of 200+ Community Foundations of Canada. Incorporated in 1993, CFPEI oversees a significant number of endowment, flowthrough legacy, and agency funds. These funds support over 130 organizations through grants and numerous scholarship recipients.
This development marks a significant step for Vestcor Inc, reflecting both the trust we’ve built within our local community and the growing recognition of our expertise beyond provincial borders.
“We are thrilled to welcome Community Foundation of PEI,” said Sean Hewitt, President and CEO of Vestcor. “This milestone speaks to the value of our customized investment solutions and strong long-term investment performance. We look forward to building a long-lasting relationship with CFPEI, supporting them in achieving their financial goals and those of the many important organizations and individuals they support.”
ABOUT VESTCOR
A Partner in Creating and Delivering Sustainable Financial Security.
Vestcor is an independent not-for-profit company located in Fredericton, New Brunswick. It provides global investment management services to public-sector client groups representing over $23 billion in assets under management as of December 31, 2024, and administration services to 11 public sector pension plans and five employee benefit plans.
Vestcor’s team of more than 160 service professionals provides innovative, integrated, and cost-effective investment management and pension and benefit administration services solutions to Atlantic Canadian clients. Vestcor currently services the requirements of approximately 114,000 pension plan members, 44,000 employee benefits members, and approximately 150 participating employer groups. Further information about Vestcor is available at vestcor.org.
For more information, please contact:
Elizabeth-Anne McCleave
Director Communications
Vestcor Inc.
communications@vestcor.org
vestcor.org