Rashad KaldanyChief Investment Officer at BlueOrange Sustainable Capital
Rashad Kaldany is Partner, CIO and Founder of Blue like an Orange (BlaO) Sustainable Capital. BlaO’s first fund is focused on investing in private debt products in the Latin America region. In December 2018, BlaO announced its first two investments. Previously, Rashad was the Executive Vice President of Growth Markets for Caisse de Depot et Placement du Quebec (CDPQ), an institutional investor that manages public and para-public pension plans and insurance programs in Quebec Province. As Executive VP, Rashad built and implemented the strategy to double CDPQ’s assets in growth markets to $35 billion, opened offices in Singapore, New Delhi, and Mexico City, and increased investments from $0.5 billion to $4 billion from 2013 to 2016. Rashad spent 25 years at the International Finance Corporation (IFC) where he held senior positions managing global teams, structuring cross border transactions, and leading investments across emerging markets in sectors such as infrastructure, energy, financial institutions, and healthcare. His most recent position was Vice President and COO, where he led the IFC’s investment and advisory services and realized profits of over $1 billion in FY 13. He also served in numerous Vice Presidential capacities, which included: overseeing Global Industries, leading advisory and investments in Asia, Eastern Europe, Latin America, and Middle East/North Africa; and managing IFC’s global investments in infrastructure, telecoms, oil, gas, mining, power, transportation, agriculture, and financial services. In his earlier career at the IFC, Rashad served as Director of the Infrastructure and the Oil, Gas, Mining, and Chemical departments. Currently, Rashad is Co-chair of the World Economic Form Global Future Council on Infrastructure. He also served as Director of the Emerging Markets Private Equity Association (EMPEA). Rashad is a graduate of State University of New York – College at Purchase and earned his MBA from Stanford University and Biochemistry PHD from Columbia University.