Key Takeaways
- • Lori Hall-Kimm, Senior Managing Director and Head of Global Private Equity at Healthcare of Ontario Pension Plan (HOOPP), departed the C$132 billion pension fund effective August 21, 2026, after a nearly five-year tenure to pursue other opportunities.
- • HOOPP's private equity assets grew substantially under Hall-Kimm's leadership, expanding from C$15.4 billion in 2021 to C$24.2 billion by the end of 2025—a 57% increase during her five-year tenure.
- • Mark Cormier (Managing Director of Private Equity at HOOPP Capital Partners) and Roman Gula (Partner at HOOPP Capital Partners) have been named acting co-heads of the private equity business, reporting directly to Chief Investment Officer Michael Wissell.
- • Hall-Kimm joined HOOPP in January 2022 after six years at CPP Investments, where she held roles including Managing Director of Direct Private Equity and Senior Principal of Direct Private Equity, Funds, Secondaries and Co-Investments.
Summary
Hall-Kimm joined HOOPP in January 2022 following six years at CPP Investments, where she held successive positions in direct private equity, including Managing Director of Direct Private Equity and Senior Principal roles across direct private equity, funds, secondaries, and co-investments. During her time at HOOPP, she oversaw significant growth in the pension fund's private equity holdings. The fund's private equity assets expanded from C$15.4 billion in 2021 (before her arrival) to C$24.2 billion at the end of 2025, representing a 57% increase in assets under management.
To manage the transition, HOOPP has appointed Mark Cormier, Managing Director of Private Equity at HOOPP Capital Partners, and Roman Gula, a Partner at HOOPP Capital Partners, as acting co-heads of the private equity business. Both will report to Chief Investment Officer Michael Wissell. In its statement, HOOPP acknowledged Hall-Kimm's contributions, noting that "she has made a significant contribution to HOOPP and our Private Equity business, including helping to build and grow the platform" and describing her as "a strong leader and trusted colleague."
The departure reflects broader senior leadership turnover among Canada's largest pension funds and represents a transition as HOOPP's private equity division enters a new phase of leadership under the interim co-head structure.
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