MONTRÉAL, April 15, 2016 /CNW Telbec/ - Caisse de dépôt et placement du Québec announced today that Andreas Beroutsos has decided to step down as Executive Vice-President, Private Equity and Infrastructure.
"I would like to thank Andreas for the very important contribution he made these past two years. In a very short time, he fully rose to the challenge that I had put to him: build a highly talented team and distinctively reposition our international private equity strategy, while generating solid returns. With the networks that he and his team developed worldwide, I believe we have a strong foundation for the future," said Michael Sabia, President and Chief Executive Officer of la Caisse.
"A few weeks ago, I informed the senior management of la Caisse that, having fulfilled the mandate I was given when I first arrived, I was now hoping to take on new challenges to be able, among other things, to spend more time with my family in New York. I am leaving proud of the work accomplished and convinced that la Caisse has what it takes to continue to execute its international strategy with the high-quality Private Equity team we have built," said Andreas Beroutsos.
Mr. Beroutsos will stay on at la Caisse for a few months to ensure an orderly transition and will continue to represent la Caisse on certain boards of directors.
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, 2015, it held $248.0 billion in net assets. As one of Canada's leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure and real estate. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages.
SOURCE Caisse de dépôt et placement du Québec
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