Private equity managers should mortgage their homes and put the proceeds into their own funds if that is what it takes to demonstrate their commitment to investors, according to a director at Ontario Teachers’ Pension Plan.

Joe Topley, a director in the London office of OTPP — one of the biggest private equity investors, with a portfolio valued at over $26bn — said the pension fund expected the buyout managers it backed to make significant contributions to their funds, FN's sister publication Private Equity News reports.