Healthcare of Ontario Pension Plan names new global private equity head

PALASH GHOSH

Lori Hall Kimm

Lori Hall-Kimm was named head of global private equity at the Healthcare of Ontario Pension Plan.

She will officially join HOOPP on Jan. 24.

James Geuzebroek, a spokesman for HOOPP, said by email that Ms. Hall-Kimm succeeds Jim Walker, who formerly held the position. Mr. Geuzebroek added that Mr. Walker resigned from HOOPP last year to "start his own fund."

Ms. Hall-Kimm will work with HOOPP's private equity team to "develop the strategic and operational plan for private capital investments as well as oversee an $11 billion global portfolio across various industries and asset classes," according to a news release.

With 20 years of investment experience, Ms. Hall-Kimm most recently served as managing director, direct private equity, for CPP Investments, which oversees investments of the C$541.5 billion ($423.4 billion) Canada Pension Plan, HOOPP noted in the release. Before that, she worked on the private capital team at the C$227.7 billion Ontario Teachers' Pension Plan and in the investment banking division at Goldman Sachs.

Frank Switzer, a spokesman for Canada Pension Plan Investment Board, said by email that no replacement has been named.

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"We're delighted that Lori has decided to join HOOPP and I look forward to working with her to build on HOOPP's highly successful private equity portfolio," stated Michael Wissell, chief investment officer at HOOPP, in the release.

Mr. Wissell added in the release that with latest hiring, HOOPP has now completed formation of the senior management of its private markets group, which also includes Eric Plesman, head of global real estate, and Steve Smith, managing partner, infrastructure. Mr. Geuzebroek said all three senior managers, including Ms. Hall-Kimm, will report directly to Mr. Wissell.

HOOPP managed more than C$104 billion ($81 billion) in assets as of Dec. 30, 2020, the spokesman added.