The Ontario Teachers’ Pension Plan plans to open up an office in Hong Kong in the next couple of months.
It was granted regulatory approval by the Hong Kong Securities and Futures Commission to conduct regulated activities, including dealing in securities, advising on securities, and asset management.
“Asia has long been a region of interest to Teachers’,” says Jim Leech, the pension fund’s president and CEO. “We look forward to continuing to build relationships with local partners and exploring new direct, co-investment and fund investment opportunities in the market.”
The Asia office will be located in Hong Kong and staffed by local and Canadian equities staff from the fund’s private capital and public equities departments.
This office will be the fund’s second major regional office. Teachers’ European, Middle East and Africa regions’ private capital office opened in London in 2007.
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