Ontario Teachers’ Plans Asia Office

  • Teachers’ office will be its first in Asia
  • Office to be headed by Raju Ruparelia-source
  • Teachers’ active in deal making in Asia this year

Ontario Teachers’ Pension Plan plans to open its first Asia office next year in Hong Kong, with as many as 10 staff, a source with knowledge of the matter told sister news service Reuters, as it targets higher returns from direct investments in the region.

Teachers’ is one of the world’s largest investors into private equity firms, and is increasingly active in direct investing in deals, and the move to set up only its second office outside Canada underscores the significance of Asia to influential ...

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