Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest public pensions, plans to open an office in Asia as soon as April next year and is also considering an Australian outpost.
The C$126 billion ($92 billion; €85 billion) pension manager wants to open its fourth overseas office and sixth bureau overall in either Hong Kong or Singapore within the next 12 to 18 months and has hired an executive search firm to help staff the new office, André Bourbonnais, PSP’s president and chief executive, told Private Equity International.
