CDPQ announces key changes to sernior management team

Caisse de dépôt et placement du Québec has restructured its senior management team “to position the institution in a rapidly changing and increasingly competitive market.”

Macky Tall, formerly EVP, Infrastructure and President & CEO of CDPQ Infra, is now Head of Liquid Markets and Réseau express métropolitain (REM)

Maxime Aucoin, previously Senior Vice-President of Total Portfolio, will now head a new Investment Strategies and Innovation team.

Claude Bergeron, EVP and Chief Risk Officer, now will take on additional responsibility of managing all depositor-related activities, including the advisory role and investment policy frameworks.

Jean Michel, CDPQ’s former EVP of Depositors and Total Portfolio, has left the firm.

Macky Tall, Maxime Aucoin and Claude Bergeron will report directly to Michael Sabia, President and Chief Executive Officer.

CDPQ has found Tall’s replacement. CDPQ said the details of his transition are still being finalized with his current employer, more information, including his name and background, will be provided in the coming weeks.

photo credit: CDPQ

News Release

La Caisse positions team for the future

FINANCE

MONTRÉAL, MARCH 22, 2018

La Caisse de dépôt et placement du Québec announced today that its team is evolving to position the institution in a rapidly changing and increasingly competitive market.

Recognized for his strong leadership and solid track record as head of la Caisse’s Infrastructure portfolio, Macky Tall is appointed Head, Liquid Markets and Réseau express métropolitain (REM). In his new role, he will continue to lead the REM project and bring to the equity markets and fixed income teams his extensive knowledge of key economic sectors as well as his operational experience.

In this context, a search for Mr. Tall’s replacement as head of the Infrastructure portfolio was undertaken and has resulted in identifying a strong talent who will start in the position on June 1, 2018. As the details of his transition are still being finalized with his current employer, more information, including his name and background, will be provided in the coming weeks.

Maxime Aucoin, previously Senior Vice-President, Total Portfolio, will now head a new Investment Strategies and Innovation team, in addition to being responsible for asset allocation and portfolio construction activities, and he will create a new group responsible for identifying and generating new investment opportunities. Mr. Aucoin’s appointment and the creation of this team, which will become a pillar of cross-functional innovation at la Caisse, follow the departure of Jean Michel.

The team that manages all depositor-related activities, including the advisory role and investment policy frameworks, is now under the responsibility of Claude Bergeron, Executive Vice-President and Chief Risk Officer.

“We’ve thought a lot about the best way to achieve our goals and position ourselves for the future. One thing became clear: we already have the talent, all we have to do is make the most out of it. With these appointments, that’s exactly what we’ve done. Our people will take on new roles and shed new light on our activities and how we do business. That’s what we need to keep innovating, to stay alert to changes in our environment and to seize new opportunities in an extremely competitive market,” stated Michael Sabia, President and Chief Executive Officer of la Caisse.

Macky Tall, Maxime Aucoin and Claude Bergeron will report directly to the President and CEO.

ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC

Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at December 31, 2017, it held CAD 298.5 billion in net assets. As one of Canada’s leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. For more information, visit cdpq.com/en, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages.

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Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

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.