The Canadian investor has launched an international recruitment process.
Negative returns in credit, funds of funds and emerging markets dulled the $402bn institution’s PE performance last year, investment committee documents show.
Infra managers have long been in demand for the funds they manage; now, third-party investors also want a slice of the GP pie.
Yasuyuki Tomita, who was promoted from DBJ Asset Management last year, will oversee the development of a growth equity platform targeting domestic SMEs.