Power Sustainable, an investment firm controlled by Canada’s billionaire Desmarais family, tapped Bruce Heyman as its chief executive officer with a mandate to attract more capital from global institutional investors.
October 02, 2024 at 10:37AM EDT --
Power Sustainable, which started in 2019 with C$1 billion of capital, invests in companies and projects that aim for good sustainability outcomes as well as strong returns. “I have a goal of what Power Sustainable can be,” Desmarais said when asked why he is stepping aside as CEO. “Bruce right here, with his 33 years of working as a partner at Goldman Sachs, has a wealth of experience that can only be additive toward growing this.”
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