Sanjay Gupta was named senior director for private equity at the Caisse de Depot et Placement du Quebec, Montreal.
The position is new, said Jean-Benoit Houde, Caisse spokesman. Mr. Gupta will be based in New York.
Mr. Gupta was an executive director with private equity firm Adveq, where he oversaw its U.S. buyout strategy. Alexander Antic, Adveq spokesman, could not be reached by press time for details on Mr. Gupta’s replacement.
The Caisse managed C$225.9 billion ($194.3 billion) in assets for public pension and other provincial funds as of Dec. 31, including C$22.4 billion in private equity, according to the Caisse’s website.