Key Takeaways
- • CapitaLand Investment appoints Kishore Moorjani as CEO of Alternatives and Private Funds, effective later 2025, tasking him with expanding the firm's private credit and special opportunities businesses globally.
- • Moorjani brings nine years of Blackstone experience (2012–2021) as senior managing director, where he led Asia Pacific operations for the tactical opportunities group and drove regional investments across the Asia-Pacific region.
- • The hire signals CapitaLand's strategic commitment to growing its alternatives platform and private funds segment, leveraging top-tier talent acquisition alongside strategic acquisitions for asset-light growth, according to Group CEO Lee Chee Koon.
- • Moorjani will be responsible for shaping and leading global strategy for new private fund products and platforms, extending his remit to include chairman responsibilities for CapitaLand Investment's India operations.
Summary
CapitaLand Investment has recruited Kishore Moorjani, a former senior managing director at Blackstone, to lead its alternatives and private funds division. Moorjani will assume the role of CEO, Alternatives, Private Funds, joining the Singapore-based real estate investment firm later in 2025. The appointment represents a strategic expansion of CapitaLand's alternatives business, with Moorjani charged with spearheading and expanding the firm's private credit and special opportunities businesses.
Moorjani's background positions him as an experienced hand in alternative investing and regional expansion. During his tenure at Blackstone from 2012 to 2021, he served as a senior managing director and led the Asia Pacific operations of Blackstone's tactical opportunities group. In that capacity, he drove investment activity across the Asia-Pacific region, gaining extensive experience in deal sourcing, fund management, and market development in a region critical to CapitaLand's growth strategy.
CapitaLand's Group CEO Lee Chee Koon underscored the rationale for the hire in the firm's latest financial results announcement, stating that the company is "bringing on board top private funds talent to grow our alternatives business, even as we continue to pursue strategic acquisitions which can be important levers for significant asset-light growth." This statement reflects a dual strategy: organic growth through talent acquisition and inorganic expansion via acquisitions that enhance capabilities without requiring proportional capital deployment.
Beyond his primary role leading alternatives and private funds, Moorjani will also serve as chairman of CapitaLand Investment India, broadening his responsibility to include regional stewardship. His mandate encompasses shaping and leading global strategy for new private fund products and platforms, indicating that CapitaLand intends to leverage his expertise to develop differentiated offerings in the competitive alternatives space.
The appointment signals CapitaLand's ambition to establish a more robust alternatives business, particularly in private credit—a market segment experiencing sustained institutional demand. By recruiting a proven executive from a tier-one alternative asset manager, CapitaLand is positioning itself to compete more aggressively in the private funds and credit markets, expanding its business beyond traditional real estate investment management.
Moorjani's background positions him as an experienced hand in alternative investing and regional expansion. During his tenure at Blackstone from 2012 to 2021, he served as a senior managing director and led the Asia Pacific operations of Blackstone's tactical opportunities group. In that capacity, he drove investment activity across the Asia-Pacific region, gaining extensive experience in deal sourcing, fund management, and market development in a region critical to CapitaLand's growth strategy.
CapitaLand's Group CEO Lee Chee Koon underscored the rationale for the hire in the firm's latest financial results announcement, stating that the company is "bringing on board top private funds talent to grow our alternatives business, even as we continue to pursue strategic acquisitions which can be important levers for significant asset-light growth." This statement reflects a dual strategy: organic growth through talent acquisition and inorganic expansion via acquisitions that enhance capabilities without requiring proportional capital deployment.
Beyond his primary role leading alternatives and private funds, Moorjani will also serve as chairman of CapitaLand Investment India, broadening his responsibility to include regional stewardship. His mandate encompasses shaping and leading global strategy for new private fund products and platforms, indicating that CapitaLand intends to leverage his expertise to develop differentiated offerings in the competitive alternatives space.
The appointment signals CapitaLand's ambition to establish a more robust alternatives business, particularly in private credit—a market segment experiencing sustained institutional demand. By recruiting a proven executive from a tier-one alternative asset manager, CapitaLand is positioning itself to compete more aggressively in the private funds and credit markets, expanding its business beyond traditional real estate investment management.
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