President and chief executive officer of Otéra Capital takes on new role at CDPQ
Rana Ghorayeb has been appointed executive vice president and head of real estate at Caisse de dépôt et placement du Québec (CDPQ). In this role, she will be responsible for leading the overall Ivanhoé Cambridge portfolio and investment team, which has assets of over $77 billion.
Ghorayeb has served as president and chief executive officer of Otéra Capital, a CDPQ subsidiary specialized in real estate lending, for nearly five years. Before joining CDPQ in 2012, she served as vice-president of acquisitions at JP Morgan Asset Management in London, England, where she was in charge of real estate investments in several European countries. She has also worked as senior partner at TIAA, a major US pension fund.
Ivanhoé Cambridge’s activities are currently being integrated, and as of April 29, this team will become an investment group within CDPQ. Ghorayeb will start in her new position on the same date and will report to the president and chief executive officer of CDPQ.
