People Moves

Ted Lee leaves Blackstone to join Canadian pension body

by

Ted Lee
Ted Lee, a prominent hedge fund investor in Asia, is understood to have left Blackstone Alternative Asset Management to join the Canada Pension Plan Investment Board (CPPIB) in Hong Kong.

His new remit is believed to cover CPPIB’s investment in public markets and hedge funds in the region and his appointment could well signal the intention of the Canadian pension body, which boast of $140.1 billion in assets at the end of last year, to gain exposure in the Asian hedge fund space.

The pension body has been investing globally in alternative assets including hedge