The Ontario Teachers’ Pension Plan has appointed Nicole Musicco managing director of its Asia-Pacific operations and head of its office in Hong Kong. Musicco, who was previously a vice president of Teachers’ Private Capital, the Toronto-based pension fund manager’s private equity investment arm, will be responsible for the full investment cycle in the region. Ontario Teachers opened its Hong Kong office in 2013. Its Asia-Pacific portfolio was recently valued at about $12 billion.
Ontario Teachers’ appoints Nicole Musicco as Managing Director for Asia-Pacific
TORONTO, Sept. 13, 2015 /PRNewswire/ – The Ontario Teachers’ Pension Plan (Teachers’) today announced that Nicole Musicco has been appointed Managing Director for Asia-Pacific and head of the Hong Kong office.
In her new role, Ms. Musicco is responsible for the full investment cycle from origination to execution across asset classes in the region.
Ms. Musicco has a strong private equity background with experience in both direct and fund investing. She joined Teachers’ in 2002 and has held positions of increasing responsibility, most recently as Vice-President, Teachers’ Private Capital in Teachers’ Toronto office.
“Nicole’s new role reflects our growing commitment to the Asia-Pacific market and its importance to the future of our fund,” said Ron Mock, Chief Executive Officer and interim Chief Investment Officer. “Her experience with our partners internationally and her knowledge of the Asia-Pacific region specifically made her the logical candidate for this important, newly created position.”
Teachers’ opened its Asia-Pacific office in Hong Kong in 2013. It has a diversified portfolio of assets in the region valued at $12 billion as of December 31, 2014.
With $154.5 billion in net assets as at December 31, 2014, Teachers’ is the largest single-profession pension plan in Canada. An independent organization, it invests the pension fund’s assets and administers the pensions of 311,000 active and retired Ontario teachers.
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