The Canada Pension Plan Investment Board plans to set up offices in New York and Brazil, extending the international reach of Canada's largest pension fund manager, according to a person familiar with the matter and job postings on its website.

Toronto-based CPPIB, which oversees about 192.8 billion Canadian dollars ($179 billion) in assets, has offices in London and Hong Kong and has, for a number of years, established a reputation as a global investor willing to make high-profile foreign acquisitions.