CPPIB grows principal credit team in Asia

Canada’s biggest pension fund is building out its leveraged finance team in the region as it strives for global diversification and growth in nascent markets.

The Canada Pension Plan Investment Board CPPIB is bulking up its Asia Pacific principal credit investments team as a long-term play on the fast developing debt markets across the region, people familiar with the moves said.

The Toronto-headquartered investor has added two investment professionals to the Hong Kong-based team in the last year, bringing the total to five members. Globally the division comprises about 45 professionals, the people said.

Manjot Rana also relocated from CPPIB’s London office to Hong Kong as head of the team over a year ago. Previously, Rana has worked in leveraged finance at Barclays Capital and Citigroup in New York.

...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222