Whitehorse bulks up with promotions and CPPIB hire

The promotions at the firm include one to partner as it invests its $2bn third fund.

Whitehorse Liquidity Partners has made a flurry of promotions and hired another executive from Canada Pension Plan Investment Board.

The Toronto-headquartered firm, which was founded by former CPPIB secondaries head Yann Robard, promoted 12 professionals including Leah Boyd to partner, according to a statement. Boyd, who is the firm’s general counsel, joined at the beginning of 2019.

“We remain committed to building the platform ahead of complexity, through growth and promotions, to enable us to capture the market opportunity we have created,” Robard said in the statement. “We are also determined to retain the strong culture that we have nurtured within Whitehorse. Our focus on partnership, integrity and performance remains top of mind as we execute on our growth.”

Whitehorse also hired Derek Miners as head of active portfolio management – a department created to focus on fund management, fund monitoring and liquidity management. Miners, who joins as a senior principal, spent almost 16 years at CPPIB focusing on asset-liability management and liquidity management among other duties.

Miners joins fellow CPPIB alumni Josh Booth, Giorgio Riva, Sebastien Siou, Nadeem Kheraj and Kevin Kang at the firm, which now boasts 46 professionals.

Last year, Whitehorse completed 25 deals worth around $2.6 billion, according to the statement. In October the firm held the final close on its third fund, less than one year after launching the vehicle, raising $2 billion for Whitehorse Liquidity Partners Fund III.