Adam Le
The $11bn pension has increased its exposure to the private equity giant's 2015-vintage BEP II.
The investment firm has amassed $1.7bn for the vehicle and is eyeing a summer final close.
Asia is โmore a priority than anywhere elseโ for the C$126bn Canadian pension managerโs next overseas outpost, according to its chief executive and president.
Following last month's hire ofย Gordon Bajnai, the former Prime Minister of Hungary, the firm has recruited a veteran of Canada's third-largest public pension plan.
The $50bn pension, which currently has a 0.5% allocation to infrastructure, is searching for a consultant to help it with alternatives investments.
The investment firm has already raised at least $700m for the vehicle.
Mubadala Investment Company becomes the world's 14th-largest sovereign wealth fund.
The hire comes as the global investment manager seeks โฌ250m for its first secondaries fund in the asset class since the firmโs 2014 formation.
The team joins asset manager Patrimonium three months after the successful restructuring of its 2007-vintage fund.
It is understood the vehicle, which launched in February, will make secondaries investments.






.jpg)




