Top Canada Pension Seeks to Sell $1.5 Billion of Asia PE Assets

Canada Pension Plan Investment Board is looking to reduce some Asia private equity exposure by selling fund stakes, according to people familiar with the matter.

The country’s largest pension fund began looking for advisers earlier this year to help it offload some of the vintages it invested in during the mid-2010s, the people said, asking not to be identified because the conversations are private.