The $204bn-managing Ontario Teachers’ Pension Plan has expanded its Asian investment potential with the launch of its new Singapore office.
OTPP already had about $15bn invested in the Asia-Pacific region across private equity, infrastructure and public equity at the start of the year, and hopes to accelerate its ambitions for the region with the new office.
The Singapore office will target investments across India, Australia, New Zealand, and the Association of Southeast Asian Nations.
Its Hong Kong office, established in 2013, will continue to focus on the more northern geographies including Greater China, South Korea and Japan.
Ben Chan, regional managing director for Asia at OTPP, will oversee operations for the Singapore office.
He said, “Expanding our presence in Asia is critical to our future growth.
“Asia Pacific offers numerous emerging and developed markets across two continents. Expanding our local capabilities will allow us to further generate returns to deliver on our pension promise.”
Copyright © 2020 AltAssets
