Institutional Investors People Moves

Toronto Uni takes on Caisse's Malo

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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