Canada Pension Plan Investment Board (CPPIB) announced today that Pierre Lavallée, Senior Managing Director & Global Head of Investment Partnerships, will be leaving CPPIB effective May 2, 2018.
No information is provided on which firm Lavallée is joining. (UPDATE: Lavallée will join The Canada Infrastructure Bank as President & CEO, effective June 18, 2018.)
BlackRock, Inc. (NYSE: BLK) was reported in February 2018 that it is in the fundraising mode for a US $10 billion private equity fund which will be the first attempt to make direct investments.
The new fund is to be headed by André Bourbonnais who resigned as President & CEO of PSP Investments in February 2018 “to lead a new initiative within BlackRock Alternative Investors.”
Bourbonnais re-joins with his former CPPIB boss, now Chairman of BlackRock Alternative Investors, Mark Wiseman. Bourbonnais previously worked under Wiseman most recently as Senior Managing Director & Global Head of Private Investments from 2010 to 2015 before joining PSP Investments.
Lavallée joined CPPIB in April 2012, working under Bourbonnais as Vice President and Head of Funds & Secondaries in the Private Investments department.
photo credit: Balckrock
Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.
Latest posts by Ted Liu (see all)
- Praemo secures $3.5M Series A led by McRock Capital - August 22, 2019
- Drop announces US $44M Series B led by HOF Capital - August 22, 2019
- H1 2019 – Owen Bird and Torys leading law firms in exempt financing - August 21, 2019