Canada's CPPIB names Suyi Kim as global PE boss

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A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch (CANADA - Tags: BUSINESS)

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July 29 (Reuters) - The Canada Pension Plan Investment Board (CPPIB) named Suyi Kim, its top boss in Asia, as the global head of its private equity business, effective Sept. 15.

Kim will lead a team which makes private equity investments globally, both directly and with partners. The investment team had C$125.1 billion ($100.59 billion) in assets under management at the end of March, CPPIB said on Wednesday.

Most recently, Kim served as senior managing director and head of Asia Pacific, responsible for leading CPPIB's activities in the region and overseeing its portfolio of investments there.

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Kim joined CPPIB in 2007 after gaining global private equity experience at Ontario Teachers' Pension Plan and Carlyle Group (CG.O).

Kim had earlier launched CPPIB's private equity business in Asia.

($1 = 1.2437 Canadian dollars)

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Reporting by Noor Zainab Hussain in Bengaluru; Editing by Maju Samuel

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