Caitlin Gubbels has been promoted by Canada Pension

Canada Pension Plan Investment Board has appointed Caitlin Gubbels to head the Global Private Equity group, replacing Mark Wiseman who left.

CPP Investments is one of the largest investors in the world.

Caitlin Gubbels has been promoted to Senior Managing Director, Global Head of Private Equity, and will join CPP Investment's Executive Committee, effective immediately. In this role, she will oversee CPP Investments' global private equity portfolio and lead the team responsible for managing the organization's private equity investments.

Gubbels joined CPP Investments in 2019 as Managing Director, Head of Direct Private Equity, where she was responsible for leading the organization's direct private equity investment activities globally. Prior to joining CPP Investments, Gubbels held senior positions at Ontario Teachers' Pension Plan and Goldman Sachs.

"Caitlin is a highly respected and experienced leader in the private equity industry," said John Graham, President & CEO of CPP Investments. "Her deep understanding of the global private equity market and her proven track record of success make her the ideal person to lead our global private equity group."

"I am honored to be appointed to this role and to lead CPP Investments' global private equity group," said Gubbels. "I look forward to working with the team to continue to deliver strong returns for our contributors and beneficiaries."

CPP Investments is a professional investment management organization that manages the funds of the Canada Pension Plan (CPP). The CPP is a contributory pension plan that provides retirement income to Canadian contributors and beneficiaries. CPP Investments is responsible for investing the CPP's assets and maximizing returns without undue risk. As of June 30, 2022, CPP Investments had $530 billion of assets under management.