Maximilian Biagosch, a managing director at the Canada Pension Plan Investment Board, Toronto, has been named its head of direct private equity, according to exclusive reporting by PrivateEquityCareer.com.

He will succeed Ryan Selwood in the role. Biagosch is currently CPPIB’s head of portfolio value creation. CPPIB is a professional investment management organization that manages the fund for contributors and beneficiaries of the Canada Pension Plan.