CPPIB grows principal credit team in Asia

The Canada Pension Plan Investment Board (CPPIB) is bulking up its Asia Pacific principal credit investments team as a long-term play on the fast developing debt markets across the region, people familiar with the moves said. The Toronto-headquartered investor has added two investment professionals to the Hong Kong-based team in the last year, bringing the total to five members. Globally the division comprises about 45 professionals, the people said. Manjot Rana also relocated f…