Quebec’s Caisse Hires PSP’s Longchamps to Run Private Equity
- Laguerre departs firm after less than two years as PE chief
- Private equity portfolio dropped 2.4% in first half of 2022
Caisse de Depot et Placement du Quebec headquarters in Montreal.
Photographer: Christinne Muschi/BloombergThis article is for subscribers only.
Caisse de Depot et Placement du Quebec named Martin Longchamps as its new head of private equity, poaching the executive from another Canadian pension manager to run one of its largest portfolios.
Longchamps will succeed Martin Laguerre, who had been in the role for less than two years, based in New York. Laguerre did not respond to a request for comment; the fund provided no explanation for his departure.