CEO of CapitaLand Investment's Private Equity Alternative Assets business steps down

Group COO Andrew Lim will take over the post.

Patrick Boocock, the CEO of CapitaLand Investment’s (CLI) Private Equity Alternative Assets (PEAA) business, has stepped down from his post.

In a bourse filing, CLI said Boocock left his post due to personal reasons and will be returning to Australia.

Replacing Boocock is Andrew Lim, the group’s chief operating officer (COO).

Boocock has held the CEO of PEAA position since 2021. As CEO of PEAA, Boocock was responsible for growing CLI’s private fund business in alternative assets such as private credit, real estate infrastructure including data centres and social infrastructure, and other fund products to expand the company's unlisted fund portfolios.