TORONTO, Oct. 18, 2016 /PRNewswire/ -- Ontario Teachers' Pension Plan (Ontario Teachers') today announced that Nicole Musicco, currently Regional Managing Director, Asia Pacific, is returning to Toronto January 1 as Senior Vice President, Public Equities. She replaces Wayne Kozun, who has decided to leave the company.
Ms. Musicco has been with Ontario Teachers' since 2002 in Private Capital, where she held positions of increasing responsibility. She was instrumental in establishing the Asia Pacific regional office in Hong Kong, which opened in 2013. She relocated there as Regional Managing Director last year, where she has the oversight responsibility for managing the full cycle of Ontario Teachers' opportunity in origination, analysis, value creation and execution of investment activities in Asia Pacific. Ms. Musicco's replacement as Regional Managing Director, Asia Pacific will be announced at a later date.
About Ontario Teachers'
The Ontario Teachers' Pension Plan (Ontario Teachers') is Canada's largest single-profession pension plan, with $171.4 billion in net assets at December 31, 2015. It holds a diverse global portfolio of assets, 80% of which is managed in-house, and has earned an annualized rate of return of 10.3% since the plan's founding in 1990. Ontario Teachers' is an independent organization headquartered in Toronto. Its Asia-Pacific region office is located in Hong Kong and its Europe, Middle East & Africa region office is in London. The defined-benefit plan, which is fully funded, invests and administers the pensions of the province of Ontario's 316,000 active and retired teachers. For more information, visit otpp.com and follow us on Twitter @OtppInfo.
For further information: Deborah Allan, Vice-President, Communications, (416) 730-5347, deborah_allan@otpp.com