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.
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