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Rashad Kaldany

Founder and CIO at BlueOrange Sustainable Capital


Rashad Kaldany is Partner, CIO and Founder of BlueOrange Capital. Previously, Rashad was the Executive Vice President for Growth Markets at the Caisse de Dépot et Placement du Quebec (CDPQ), an institutional investor that manages public and para-public pension plans, and insurance programs in Quebec, Province Canada. As Executive VP, Rashad built and implemented the strategy to double CDPQ’s assets 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. Prior to joining CDPQ, 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 sector, and healthcare. His final 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.

Currently, Rashad is Co-chair of the World Economic Forum Global Future Council on long-term Investment,  Infrastructure and development. He has also served as Director of Emerging Markets Private Equity Association (EMPEA). Rashad is a graduate of State University of New York – College of Purchase and earned his MBA from Stanford University and Biochemistry PHD from Columbia University.