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Toronto Uni takes on Caisse's Malo


Michel Malo, former executive vice president for hedge funds at Caisse de Dépôt et Placement du Québec, is now managing director of investment strategy and co-chief investment officer of University of Toronto Asset Management.

Bill Moriarty, president and chief executive officer of $3 billion UTAM, is the other chief investment officer. Moriarty joined in 2008 from RBC Capital Markets. Malo had headed the hedge fund programme at Caisse de Dépôt, which allocated $3.5 billion to hedge funds and included names such as Crestline Investors, D.E. Shaw, Ellington Management Group, Farallon Capital and Highbridge Capital Management.

Malo left Caisse