Canadian pension fund pursues global growth

Caisse de depot et placement du Quebec (CDPQ) is shifting to an integrated structure for international activities in order to have a global view when managing its presence in different regions.

“After building multidisciplinary teams in Asia, Latin America, the United States and Europe, and increasing our international exposure by over $140 billion (AUD$146.4 billion) in five years, moving toward a more integrated structure is the natural next step in our evolution,” the fund said.

To drive the strategy, CDPQ has appointed Marc-Andre Blanchard as executive vice president and head of CDPQ Global. He will have direct responsibility for the fund’s three main regional hubs outside of Canada: the US and Latin America, Europe and Asia Pacific.

The pension fund has also appointed Anita George as executive vice president and deputy head of CDPQ Global. She was previously executive vice president, strategic partnerships – growth markets, and her new role is an expansion of that role and includes all geographies.

“Under Marc-Andre’s leadership, and with Anita’s support, this new structure will allow us to continue diversifying our portfolio and go to market with a cross-functional and global view, backed by strong leadership in Montreal and strengthened responsibilities in our key regional hubs and satellite offices,” CDPQ president and chief executive Charles Emond said.

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