longmia@halifax.ca

Cortec Group this month held the first and final close of its seventh mid-market fund, securing nearly $2.1 billion, Buyouts has learned. Cortec Group Fund VII, launched in August, reached its $1.9 billion target and $2 billion hard cap after less than four months of fundraising, Managing Partner Dave Schnadig said. A commitment of about […]

Stephane Etroy stepped down as executive vice president and head of international private equity at Caisse de dépôt et placement du Québec, a role he held for more than two years. Etroy will be replaced by Charles Émond, who joined Montreal-based CDPQ in February from Scotiabank to work as an executive vice-president. In a statement, CDPQ […]

Vertu Capital hired Gil Nayot as a partner as the tech private equity firm scopes out fresh deal opportunities and prepares to launch a first fund, Buyouts has learned. Nayot joined Vertu this month after a more than 10-year career in global PE. Eight of those years were spent at Canada Pension Plan Investment Board, where […]

OMERS hired James Aw to serve in the newly created position of chief medical officer, a person with knowledge of the matter told Buyouts. Aw, who officially joined the C$97 billion ($74 billion) pension fund this week, will work with in-house teams to support OMERS’ human resources, members services and investment objectives, the source said. […]

CBRE Caledon Capital Management recruited Darrin Pickett as vice president of asset management, Buyouts has learned. Pickett joined following a 23-year career, roughly half of it working with Ontario Teachers’ Pension Plan. He was most recently a senior principal in Ontario Teachers’ infrastructure and natural resources group, where he led the development and execution of a […]