Caitlin Gubbels has assumed the leadership of the global private equity division at the Canada Pension Plan Investment Board (CPPIB), following the tenure of her predecessor, Suyi Kim.
Having been with CPPIB since 2010, and holding integral leadership roles during this time, Gubbels boasts a rich history of excellently handling large-scale and mid-market buyout funds.
Gubbels’ promotion is a testament to her striking interpersonal skills, and her consistent record of generating significant returns from private equity initiatives, which frequently exceed set benchmarks.
Gubbels takes helm at CPPIB’s equity division
John Graham, CEO of CPPIB, expressed confidence in Gubbels’ capacity to deliver results in the private equity sector, noting her track record of implementing impactful strategies that align with CPPIB’s objectives.
Graham further noted the anticipation for the transformative contributions Gubbels is expected to bring to the organization – an enthusiasm undoubtedly shared by the broader team.
Gubbels’ predecessor, Suyi Kim, now shifts her focus towards unearthing opportunities for international investments, leaning on her extensive expertise in international business. Swinging the division’s viewfinder more globally, she aims to diversify investment portfolios and strengthen our global market presence.
Despite a 12% decrease in investments within the private equity division, CPPIB reported a 1% return in the financial quarter ending on June 30, and saw its assets increase to C$646.8 billion.
Gubbels will also helm the Asian private equity team as CPPIB maintains and expands its investment traction in the Chinese market, with a growing spotlight on markets such as India.
