Caisse de dépôt et placement du Québec has announced that Andreas Beroutsos, its executive vice-president of private equity and infrastructure, has decided to step down.
The pension fund said Beroutsos will stay on at Caisse for a few months to ensure an orderly transition and will continue to represent Caisse on certain boards of directors.
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“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,” said Beroutsos in a news release.
“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.”
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“I would like to thank Andreas for the very important contribution he made these past two years,” said Michael Sabia, president and chief executive officer of Caisse. “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.”