The Canadian pension fund plans to increase its allocation to the region from 10% to 15% over the coming four years, even as its total assets under management rise.
She will report to CEO David Pierce, who told AsianInvestor that the firm continues to build its expertise as it perceives a continuation of growth in Asia.
She joins from Capvent India, an Indian fund of funds manager, with which she worked in Bangalore and Goa. Before then, she worked at ICICI Bank, based in Goa.
Divgi holds a Masters of Financial Services and a Bachelor of Commerce degree, each from Goa University. In addition to English and Hindi, she also boasts fluency in Indian dialects Konkani and Marathi.
Squadron manages private equity fund portfolios having an aggregate value of well in excess of $1 billion, including the Squadron Asia Pacific Fund, a fund of funds that closed in excess of its targeted $300 million.
Squadron received an AsianInvestor award in 2007 for being the best combo fund of private equity and fund of hedge funds house, which it shared with Search GroupÆs high-octane fund of hedge funds wing, Sail.
Future Fund internally appoints deputy CIO for portfolio strategy; CPPIB promotes Suyi Kim to run global private equity; NPS extends CIO term for second time; Willis Towers Watson appoints Australian investments head; Knight Frank promotes Apac director to run global capital strategies; Natixis Investment Managers names head of distribution for Emea.
Institutional investors are unfazed by the country's latest round of regulatory changes, saying they will focus on new sectors within it rather than reduce their overall exposure.
As central banks around the world hold record levels of reserves in Chinese renminbi, experts are split on whether the currency will be a rival to the US dollar.
Investors and consultants have called for greater disclosure of ESG information by Asian real estate fund managers even as ESG reporting in Asia shows signs of growth.