The C$193bn Canada Pension Plan Investment Board has secured the high-profile appointment of Cressida Hogg, the managing partner of UK-listed 3i Group’s infrastructure division. She becomes the latest private equity executive to join the ranks of one of Canada's large pension funds.

3i said in a statement today that Hogg will leave the firm in March, almost 10 years after forming the group's infrastructure business in 2005. Hogg joined 3i in 1995 from JP Morgan and became a managing partner in 2009.