The C$368.5 billion ($277 billion) Canada Pension Plan Investment Board is considering opening an office in Beijing as soon as 2020, according to Bloomberg.
CPPIB’s portfolio in China is approximately 10 percent of the total fund. It has invested C$42 billion ($31 billion) in Greater China to date.
CPPIB already has invested $4 billion in a China logistics venture with Australia’s Goodman Group. It also owns shares in Alibaba Group Holding Ltd., Meituan Dianping, Midea Group Co. and Tencent Holdings Ltd., plus it has invested in funds run by Citic Capital, FountainVest and Hillhouse Capital.
Currently, the pension fund’s Asian exposure is led by Suyi Kim, who joined the pension fund in 2007 and was appointed senior managing director and head of Asia Pacific in June 2018. After joining CPPIB in 2007, she established the Hong Kong office 10 years ago in 2008.
After opening the Hong Kong office, Kim launched and led CPPIB’s Private Equity Asia busine
