Alain Carrier, senior managing director and head of international at CPP Investment Board, is leaving the organization to become the global CEO of global private equity firm Bregal Investments, the pension fund said on Tuesday.
Carrier joined the investment board in 2008. Prior to that, he was a managing director at Goldman Sachs.
John Graham, president and CEO of the CPP Investment Board, said the organization has benefited from Carrier’s expertise, abilities and leadership for almost 13 years.
“He was a critical driver of our international strategy — which continues to be a priority for the fund — working across the enterprise to build a strong local presence and relationships, everywhere we operate,” Graham said in a press release.
Geoffrey Rubin, senior managing director and chief investment strategist at the CPP Investment Board, will take over international operations on an interim basis, along with his current role. Carrier will work with Rubin during the transition process.
Carrier’s last day at the CPP Investment Board is Oct. 22.
The organization is currently assessing potential longer-term leadership candidates in accordance with its ongoing succession process.
CPP Investments has a presence in North America, South America, Europe, the U.K., Asia and Australia. And as of June 30, the fund totalled $519.6 billion