ADIA’s Lalani joins PSP Investments

  • Lalani was portfolio manager, principal investments, PE at ADIA
  • At PSP will focus on direct PE investments in Americas
  • PSP had $116.8 bln in AUM as of March 31

Sohail Lalani has left Abu Dhabi Investment Authority after 10 years to join Public Sector Pension Investment Board, or PSP Investments.

Lalani is a senior director, private equity-Americas, PSP confirmed Jan. 18. Based in Montreal, he is focusing on direct PE investments in the Americas.

At ADIA, Lalani most recently was a portfolio manager, principal investments, PE, his LinkedIn profile said. He sourced and executed direct investments in PE deals globally.

PSP is one of Canada’s biggest investment managers with $116.8 billion assets under management as of March 31, 2016. PSP has invested in companies such as Royal Bank of Canada, State Street Corp, Telesat Holdings and Big Box Properties.

ADIA, a sovereign-wealth fund, was founded in 1976. It invests on behalf of the government of Abu Dhabi.

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