This strengthens talent bench for private funds capital raising and real assets investments.

CapitaLand Investment Limited (CLI) announced several executive appointments as part of an ongoing process to strengthen CLI's leadership team and accelerate the growth of the company's private funds business, particularly in the areas of capital raising, data centre, special opportunities and renewables.

CLI announced that Simon Treacy, CEO of Private Equity Real Estate, will step down from his executive role with effect from 31 October and will be appointed as Senior Advisor to Lee Chee Koon, group CEO of CLI.

He will provide counsel to CLI's private equity team on capital raising and investments effective from 1 November.

Lee will concurrently assume leadership as CEO of Private Equity Real Assets (PERA) and steer the growth of CLI's private funds business, which will combine its existing Real Estate and Alternative Assets units into a single Real Assets platform.

Andrew Lim, group COO of CLI, will provide oversight for CLI's private capital markets team, overseeing capital raising and product development.

CLI also announced additions to its Private Funds leadership team.

Alan Tan will join CLI as managing director and head of Capital Raising, Private Capital Markets, and managing director, Special Projects, Private Equity Real Assets, effective 1 October.

In this newly created role, Tan will lead CLI's global capital raising team and drive new initiatives across the private funds business.

Prior to this, Tan served as head of Strategic Partnerships at CapitaLand Development, where he was responsible for capital raising and leading new business initiatives. He also worked at Morgan Stanley, CreditEase and Temasek Holdings in a variety of real estate fund management, investments and capital raising roles.

CLI also tapped Kenny Khow as managing director for Global Data Centre, another newly created role. He will join CLI on 1 October and oversee the development and execution of CLI's global strategy for its data centre business in close collaboration with CLI's country and fund teams.

Khow will be responsible for identifying growth opportunities, optimising performance, implementing industry-leading best practices and cultivating relationships with top-tier customers. Prior to joining CLI, Khow was Chief Commercial Officer for Digital Halo.

CLI also announced that Gabriel Fong had earlier joined CLI as managing director and head for Special Opportunities Group. He is responsible for developing and executing CLI's special opportunities fund strategies.

Fong joined CLI from Alpha Nova Capital Management Partner where he was the chief investment officer. Prior to that, he was the founder and CEO of Vaw Eurasian Capital Investment Management, and managing director and head of Asia Special Investments with Sculptor Capital Management.

CLI had also appointed Chief Sustainability Officer Vinamra Srivastava as chief sustainability and sustainable investments officer to build up CLI's private equity renewables business. Srivastava has worked in various roles including operations, strategy and consulting with CLI's India Business Parks, Roland Berger Strategy Consultants and Cisco Systems.

In addition, CLI has also tapped Haslam Preeston as chief people and culture officer with effect from 3 June. Preeston is responsible for leading the Group Human Resources and Group Administration functions, driving strategies to enhance overall employee experience and foster a positive company culture.

Before joining CLI, he was the People and Culture Director, Southeast Asia, at the DFI Retail Group. He also worked at the Jardine Group for two decades in a variety of senior roles.

"The latest senior leadership appointments we have made will bolster CLI's capabilities to drive key strategic initiatives in our funds platforms," said Lee Chee Koon, group CEO of CLI.

"CLI will also expand our geographical footprint as we work towards achieving our target of S$200 billion in funds under management by 2028," he added.