The case traces the evolution of the private equity investment platform of the Ontario Teachers’ Pension Plan (Teachers’). Unlike the typical traditional pension fund, Teachers’ has forged a bold, pioneering approach to investing by making a concerted push towards direct investing. The case discusses the trade-offs involved in developing a direct investing platform.

The case describes the project selection process of an Israeli technological incubator screening potential entrepreneurial ideas. The function of an incubator is similar to that of venture capitalists, but the projects are at an early stage and funding comes from the government.