$485 Billion Canada Pension Plan Investment Board (CPPIB) Hires Franklin Templeton Chairman APAC Ben Meng as Head of Investment Portfolio Management, Ben Meng was ex-CIO of California Public Employees Retirement System (CalPERS), CPP Investment Reported +8.1% 5-Year Annualized Net Return Ending 2024 & +9.2% 10-Year Annualized Net Return Ending 2024
15th March 2025 | Hong Kong
Canada Pension Plan Investment Board (CPPIB) with $485 billion AUM has hired Franklin Templeton Chairman APAC Ben Meng as Head of Investment Portfolio Management. Ben Meng was ex-CIO of California Public Employees Retirement System (CalPERS). In 2025 February, CPP Investment reported +8.1% 5-year annualized net return ending 2024 & +9.2% 10-year annualized net return ending 2024. In 2024 August, Canada Pension Plan Investment Board (CPPIB) appointed 14-year veteran Caitlin Gubbels as Global Head of Private Equity, succeeding Suyi Kim who departs after 17 years at Canada Pension Plan Investment Board (CPPIB). Ben Meng Profile – Ben Meng is Executive Vice President, Chairman Of Asia Pacific, and the Executive Sponsor of Sustainability for Franklin Templeton. In this role, Dr. Meng is responsible for expanding the firm’s investment offerings and client reach in the Asia Pacific region, with a particular focus on leading the private equity, venture capital and other alternative asset investment capabilities. Additionally, Dr. Meng leads Franklin Templeton’s China business, including our joint ventures and Wholly Foreign Owned Enterprise. He also supports efforts to expand the reach of Franklin Templeton’s tailored solutions for the firm’s institutional clients globally. Dr. Meng reports to the CEO and is a member of Franklin Templeton’s Executive Committee, a small group of the company’s top leaders responsible for shaping the firm’s overall strategy. Dr. Meng has more than two decades of experience working in the global finance industry across three continents, including extensive experience in Asia Pacific, as well as a strong track record for delivering results across a broad range of asset classes. He has served in top investment roles at two of the largest asset owners in the world. Previously, Dr. Meng was Chief Investment Officer for the California Public Employees Retirement System (CalPERS) and Deputy Chief Investment Officer at the State Administration of Foreign Exchange (SAFE). Most recently, he served as Director of Eight Sequoias LLC, an independent firm providing consulting services to the financial industry. Dr. Meng holds a Master of Financial Engineering degree from the Haas School of Business at the University of California at Berkeley and a Ph.D. in Civil Engineering from the University of California at Davis. He serves on the editorial board of the Journal of Investment Management and frequently teaches at top business schools globally such as the Haas School of Business, where he received the 2014 Cheit Award of Excellence in Teaching. He is the Citi Visiting Chair in International Business at the Schwarzman College. He is a member of the Council on Foreign Relations and the Committee of 100.
“ $485 Billion Canada Pension Plan Investment Board (CPPIB) Hires Franklin Templeton Chairman APAC Ben Meng as Head of Investment Portfolio Management, Ben Meng was ex-CIO of California Public Employees Retirement System (CalPERS), CPP Investment Reported +8.1% 5-Year Annualized Net Return Ending 2024 & +9.2% 10-Year Annualized Net Return Ending 2024 “
Canada $473 Billion Pension Plan Investment Board (CPPIB) Appoints 14-Year Veteran Caitlin Gubbels as Global Head Of Private Equity, Succeeds Suyi Kim Who Departs After 17 Years at Canada Pension Plan Investment Board

20th August 2024 – Canada Pension Plan Investment Board (CPPIB) with $473 billion AUM (CAD 646 billion) has appointed 14-year veteran Caitlin Gubbels as Global Head of Private Equity, succeeding Suyi Kim who departs after 17 years at Canada Pension Plan Investment Board (CPPIB). CPPIB (14/8/24): John Graham, President & CEO, Canada Pension Plan Investment Board (CPP Investments) announced today a senior executive leadership appointment, effective October 15, 2024. Caitlin Gubbels has been promoted to Senior Managing Director & Global Head of Private Equity and will join the Senior Management Team. In this role she will lead our Private Equity program globally, including the teams dedicated to investments in Direct Private Equity, Private Equity Asia and Private Equity Funds and Secondaries. Gubbels takes over from Suyi Kim, who has decided to leave the organization after 17 successful years at CPP Investments to take on new global investment leadership opportunities. Gubbels joined CPP Investments in 2010, and was most recently Managing Director, Head of Funds where she leads the Private Equity Funds business. Prior to joining CPP Investments, she worked at CIBC World Markets in investment banking, based in Toronto. Caitlin holds a Bachelor of Commerce from Dalhousie University.”
John Graham, President & CEO of CPPIB: “Since joining CPP Investments 14 years ago, Caitlin has played an important role in the growth and success of our private equity investments. Caitlin’s proven ability to build relationships and generate returns across private equity opportunities makes her ideally suited to take on this expanded leadership role and contribute meaningfully to the Senior Management Team … …Suyi leaves with our deep gratitude, having contributed significantly to the organization’s success during her 17-year tenure. She opened our Hong Kong office in 2008, establishing our presence in the Asia Pacific region and most recently led our Private Equity business globally out of Toronto and New York, which is one of the largest and most respected in the world. She has been a valuable advisor and partner on the Senior Management Team, and we wish her all the best in the next stage of her career.”
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