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CPPIB starts new office in London

The Canada Pension Plan Investment Board, the professional investment management organization that invests the assets of the Canada Pension Plan, has opened its new office in London, England, to enable access to investment opportunities in the UK and Europe.

The Canada Pension Plan Investment Board (CPPIB) said that this new office reflects its strategy to diversify the portfolio globally, underscoring its continuing belief that there are compelling investment opportunities in the UK and Europe that align with the organization’s long-term investment horizon.

David Denison, president and CEO of CPPIB, said: Having a team of investment professionals on the ground will enable us to strengthen our relationships with existing partners and to facilitate the earlier identification of new investment opportunities in these markets. It will also allow us to better monitor our existing investments.