Canada Pension Plan Investment Board (CPPIB) has appointed Suyi Kim to head up the $100 billion private equity division, effective Sept. 15.
According to Bloomberg, the department is active in buyouts globally, both in direct investments and through funds run by Apollo Global Management, KKR and other private equity firms.
Kim, who joined CPPIB in 2007 with experience working at Ontario Teachers’ Pension Plan and Carlyle Group, is one of the most powerful women at the C$497.2 billion ($399 billion) CPPIB.
“Suyi’s background in private equity, extensive experience leading our Asia Pacific business and deep knowledge of the organization makes her ideally suited for this role, and demonstrates the depth of our leadership team,” said John Graham, CEO of CPPIB.
CPPIB’s private-equity investments returned 36.6 percent in the fiscal year ended March 31, generating a net income of C$34 billion ($27 billion).
