Teachers’ celebrates opening of Asia office in Hong Kong
Ontario Teachers' Pension Plan is preparing to celebrate the Hong Kong office opening of subsidiary Ontario Teachers' Pension Plan (Asia) Limited.
Teachers' senior investment executives will host events September 16 and 17 with local dignitaries and the investment community to introduce the Hong Kong team, renew acquaintances and establish new relationships.
"The official opening of the Hong Kong office is an exciting and important milestone for Teachers', reflecting the importance of the Asia-Pacific region to our future growth. We are here because we believe there are strong benefits to being closer to current and future partners," said President and CEO Jim Leech, who will deliver the keynote address to a major investment conference in Hong Kong on September 18 that details Teachers' experience with partnerships, governance and long-term global investment success.
The office, located at Alexandra House in central Hong Kong, received official regulatory approval in May. It is staffed by local and Canadian investment professionals from the plan's private capital and public equities departments.
"As global investors, we explore all markets for opportunities to earn returns at an appropriate level of risk," said Neil Petroff, Executive Vice-President, Investments, and Chief Investment Officer. "In Hong Kong, we are building the talent and infrastructure to be prudent direct investors in the region. Our local team is always ready to discuss opportunities with growing companies and investment funds."
Hong Kong is the plan's second major regional office. In 2007, Teachers' opened its London office which is primarily focused on private equity investments in Europe, the Middle East and Africa.