The Healthcare of Ontario Pension Plan (HOOPP) has appointed Mark Cormier and Roman Gula as acting co-heads of its private equity unit following the departure of global private equity head Lori Hall-Kimm.
Both Cormier and Gula, who serve as managing directors within HOOPP’s private equity group, will report to Chief Investment Officer Michael Wissell in their interim roles. The personnel change was outlined in an internal memo confirmed by a representative for the pension fund.
Since Hall-Kimm joined HOOPP in 2022, the private equity arm’s net assets have increased to C$24.2 billion ($17.5 billion), up from roughly C$20 billion at the time of her appointment. The fund did not specify the reason for Hall-Kimm’s departure beyond her pursuit of another opportunity.
