Tuesday, April 29, 2008
Edwin C. Cass
CPP Investment Board
Edwin C. Cass
David F. Denison, President and CEO of the CPP Investment Board, is pleased to announce the appointment of Edwin C. Cass to the position of Vice-President and Head of Global Capital Markets.
Mr. Cass will be responsible for expanding the active and passive portfolio management capabilities of the Global Capital Markets group. Most recently, he was Managing Director and C0-Chief Investment Officer for Fortress Investment Group's Drawbridge Relative Value Fund where he was responsible for the development and execution of fixed income, currency, stock index and commodity trading strategies. With over 15 years of investment experience, Mr. Cass previously held senior positions at Deutsche Bank Canada and TD Securities.
He holds a Bachelor of Science (Hons.) degree in Theoretical Physics from Queen s University and a Bachelor of Laws from Osgoode Hall Law School.
The CPP Investment Board invests the funds not needed by the Canada Pension Plan to pay current benefits on behalf of 17 million Canadian contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, the CPP Investment Board is investing in publicly-traded stocks, private equities, real estate, inflation-linked bonds, infrastructure and fixed income. Based in Toronto, the CPP Investment Board is governed and managed independently of the Canada Pension Plan and at arm's length from governments.
At December 31, 2007, the CPP Fund totaled $119.4 billion. For more information, please visit www.cppib.ca.
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