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Canada's PSP goes direct with boost to London team

In-house manager of the $112bn Public Sector Pension Investment Board wants to do more direct private equity investing in Europe

The Canadians are growing their London presence
The Canadians are growing their London presence Photo: iStock

Canada's $112 billion Public Sector Pension Investment Board has added a director to its investment team in Europe, where it recently completed its first direct private equity deal.

Tolga Sengel, a former investment director at Bridgepoint, has joined the scheme's in-house manager PSP Investments in London, according to a person familiar with the matter.

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