Hewitt Group makes investments in public funds, in long-term private companies, and in real estate. To ensure a formal and thorough thought process and due diligence is respected, Hewitt Group established committees to oversee this process.
Russell is the recently retired President and Chief Executive Officer of the CN Investment Division. In this role, he was accountable for all aspects of the management and organisational oversight of the CN Pension Trust Funds, one of the largest corporate pension funds in Canada. He was Chairman of the pension fund’s two wholly-owned oil and gas exploration and development operating subsidiaries and is past Chairman of the Pension Investment Association of Canada (PIAC).
He is a member of the Nunavut Trust Investment Advisory Board, a member of the board of directors of Valeura Energy and a governor of the University of Waterloo.
He holds a Bachelor’s Degree in mathematics from the University of Waterloo, a Master’s degree in economics from Western University and an MBA from the University of Toronto. He is a Chartered Financial Analyst, a Chartered Professional Accountant and a Certified Corporate Director.
Luc retired from CDPQ (Caisse de dépôt et placement du Québec) in January 2015 after over 29 years of service. As Senior Investment Vice President, Private Equity Fund, Luc was:
His main responsibilities were overseeing an Investment Team specialized in private investments in the manufacturing, distribution and service industries in Québec and internationally. The Team created and managed a significant portfolio or minority stakes in companies, from 10% to 30% of common shares, with an average transaction of $100M. Portfolio size in excess of $5 billion (e.g.: CGI, WSP, BRP, REXEL, SPIE, ONO, etc…). The portfolio generated an excellent performance throughout the various cycles.
He was an Account Manager at Industrial Credit Desjardins from 1983 -1985 and an Account Manager at Federal Bank of Development from 1979 – 1983.
He has been a Board Member for both public and private companies including Transcontinental, Bombardier Produits Récréatifs, Héroux Devtek, etc…
He holds a Bachelor’s Degree in Finance from the University of Sherbrooke. He currently teaches at his alma mater.
Ofer is the Vice-President of Investments and Asset Management at the Azrieli Foundation, overseeing the Foundation’s portfolio of managed marketable securities and private placement investment accounts. He is an asset allocator, focused on capital preservation and value creation by investing in well-diversified, balanced portfolios of various asset classes.
In addition, Ofer has over twenty years of hands-on experience in commercial real estate. In collaboration with the Foundation’s real estate team, Ofer oversees office, industrial, retail & hotel properties, with responsibilities to drive bottom-line profitability growth, increase asset value, ensure positive cash-flow, and meets financial targets.
Ofer graduated with a Bachelor of Applied Art in Business Administration from the American College in London, UK, and a Master of Business Administration from Western International University in London, UK. He has also completed various professional courses and designations that includes: Portfolio Theory, Asset Allocation and Performance Measurement from the Canadian Securities Institute, Fundamentals of Alternative Investments from the Chartered Alternative Investment Analyst Association, Investment Foundation from the CFA Institute of Canada, and Effective Leadership from McGill University Executive Institute.
Over the years Ofer has served on the Boards of the Jewish National Fund, ORT Canada, Canadian Associates of Ben-Gurion University, and the Israel Cancer Research Fund.