Canada Pension Plan hires private-equity team in Hong Kong
The Canadian institution is rapidly building an investment team in Hong Kong to capture growth in Asian markets, starting with China-focused private equity.
Canada's largest pension fund, the Canada Pension Plan (CPP), is on the prowl for China-related investments sourced from Hong Kong. The CPP, projected to hit a total asset size of C$250 billion ($242 billion) by 2016, has recently opened an investment office in the city, simultaneously with one in London for European investments.
It is now actively recruiting investment banking, private equity and consulting professionals for its newly assembled private-equity investment team in Hong…
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