Geuzebroek added that more details will be shared by the company at a later date.
HOOPP has more than C$103.7 billion ($76.6 billion) in assets at the end of 2022.
Other Canadian pension funds have already established a foothold in London and in neighboring western Europe.
For example, Alberta Investment Management Corp. has approximately 30 employees in its London office and 15 employees at its Luxembourg office, said a company spokesperson.
"We are currently expanding our office space in London to accommodate continued growth of our local investment teams, with plans to grow AIMCo's London headcount to approximately 80 in the coming years," the spokesperson added.
AIMCo initially opened its London office — its very first outside of Canada — in January 2014.
AIMCo had C$164 billion assets under management as of June 30.
Canada Pension Plan Investment Board, Toronto, has more than 200 employees in its London office and C$103 billion in assets in Europe as whole, including the U.K., said a company spokesperson.
CPP had a total of C$575 billion in assets as of June 30.
Caisse de Depot et Placement du Quebec, Montreal, first opened an office in London in 2016, according to the company's website.
As of Dec. 31, 2022, CDPQ had C$80 billion in assets in Europe, including $C30 billion in the U.K. The London office has some 50 employees, who primarily specialize in private equity, infrastructure and credit across multiple sectors.
CDPQ net assets totaled C$424.2 billion as of June 30.
Ontario Teachers' Pension Plan, Toronto, has been in London since 2007.
According to OTPP's 2022 annual report, the London office serves as the hub for its investments in Europe, the Middle East and Africa. At that time, the EMEA team consisted of almost 100 people and investments in the region totaled more than C$38 billion.
OTPP had net assets of C$249.8 billion as of June 30.
On Feb. 9, British Columbia Investment Management, Victoria, said it planned to open an office in London for its infrastructure and renewable resources team. The London locale, BCI's first office outside of North America, will focus on new capital investment, asset management and developing new partnerships in the region.
"The London office is a natural extension of our global investment strategy, one that has continued to develop in both scale and sophistication," said Lincoln Webb, executive vice president and global head, infrastructure and renewable resources at BCI, at the time. "Our growing presence in the region, unlocks important access to investment opportunities — allowing us to work closely with local investors, communities and governments in the development and stewardship of critical infrastructure."
BCI had net assets under management of C$215 billion of March 31.