Rakesh Gangwal has joined Teachers' Private Capital as a senior advisor. He is the former president and CEO of
PRESS RELEASE
Accomplished business leader and executive Rakesh Gangwal has joined Teachers' Private Capital, the private equity arm of the Ontario Teachers' Pension Plan, as a Senior Advisor.
Mr. Gangwal will be responsible primarily for sourcing and evaluating technology and business services transactions. He will provide strategic counsel and portfolio support to Teachers' Private Capital through its offices in
Mr. Gangwal has held several senior roles and directorships at companies in the
Mr. Gangwal holds an MBA in Finance from The Wharton Business School of The University of
“Teachers' Private Capital has a sound investment approach, which is reflected in its terrific track record, and I look forward to working with the Teachers' team and their partners as they move to their next level of success,” said Mr. Gangwal. He further added that Teachers' Private Capital is well positioned to take advantage of opportunities within the current market
conditions.
“We are very pleased that such a well-respected business leader has decided to lend his deep strategic, operational and business acumen exclusively to Teachers' Private Capital,” said Erol Uzumeri, Senior Vice-President. “He brings the value of his considerable business experience,
expertise and recognized success to our team, partners and portfolio companies.” Mr. Uzumeri added that Teachers' Private Capital plans to establish similar relationships with other “high-calibre and seasoned executives”.
About Teachers' Private Capital
With $17 billion in invested and committed capital, Teachers' Private Capital is one of the world's largest private equity investors. Teachers' Private Capital is the private investment arm of the $108.5-billion Ontario Teachers' Pension Plan, the largest single-profession pension plan in