Canada Pension Covets Asian Private Equity, R/E Opps.

Feb 26 2008 | 10:07am ET

The C$119.4 billion US$118.6 billion) Canada Pension Plan Investment Board next month will open an office in Hong Kong to focus on investment opportunities in Asia. The CPP Investment Board team in Hong Kong will source private equity and real estate investment opportunities with an initial focus in North Asia including the China, Hong Kong, Japan, South Korea and Taiwan markets.

“As a global investor, the opening of our office in Hong Kong is the next natural step as we grow our organization internationally,” said David Denison, president and CEO.

Not wasting any time, the CPP Investment Board has made a US$200 million investment in FountainVest, a newly established private equity fund focused on investing in private enterprises in China. The CPP Investment Board will act as lead co-sponsor along with the Ontario Teachers' Pension Plan.

”This investment in China illustrates the importance of the new office and underscores the CPP Investment Board's commitment to the region," said Denison. “With this commitment, the CPP Investment Board now has over C$1 billion (US$993.1 million) committed to private equity and real estate investments in Asia.

The CCP Investment Board is also planning to unveil a second international office later this year in London.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.