La Caisse de dépôt et placement du Québec has taken a new step in the deployment of its investment strategy, announcing changes to its structure.
Michael Sabia, President and Chief Executive Officer, said:
"With these changes, we will be even better equipped to reach our goals here in Québec and in the world's most promising markets. This new structure allows us to mobilize our teams based on two well-defined mandates and, more generally, to continue to enhance La Caisse's standard of performance and depth of expertise."
La Caisse said in its press release that to identify the best private equity and infrastructure investment opportunities in the world, La Caisse must go even further in developing leading-edge expertise in order to make direct investments and develop solid partnerships around the world. To this end, it must be able to rely on high-level, talented individuals with access to extensive international business networks.
After a rigorous, global recruitment process, Andreas Beroutsos has been appointed Executive Vice-President, Private Equity and Infrastructure. In this role, he will oversee all private equity investment activities conducted outside Québec.
Mr. Beroutsos was Director and Senior Partner and member of the Firmwide Senior Partner election committee at McKinsey & Company, the management consulting firm, where he established and managed the global private equity practice. After 20 years with this firm, Mr. Beroutsos became Partner and Senior Managing Director at Eton Park Capital Management.
Until recently, he was Partner and Managing Director at One Point Capital and Managing Partner at Navigos Capital, in New York. He was the founder of both firms. Mr. Beroutsos studied at Harvard University and holds an MBA from Harvard Business School. He speaks five languages: Greek, French, English, Italian and Spanish. He joins La Caisse today and is based in Montréal.