Global credit investor Blackstone Credit & Insurance ( BXCI ) has appointed Kimberly Kim as its senior managing director and head of Asia-Pacific insurance institutional client solutions, which is a newly created role designed to support the continued expansion of the business in the region.
Kim brings over 20 years of experience in the Asia-Pacific insurance market. Prior to Blackstone, she was with BlackRock as its head of financial institutions coverage in Asia-Pacific.
BXCI manages over US$250 billion of insurance client capital across private credit, liquid credit and other strategies, up 20% year on year, and US$484 billion in corporate and real estate credit assets, making it the world’s largest third-party focused credit business.
The company continues to significantly scale its business in Asia-Pacific. It has, the credit investor notes, committed to more than 20 deals in the region over the last three years, expanded relationships with investors, including with some of the region’s largest insurers, and doubled its headcount with key hires across Sydney, Tokyo, Hong Kong and Singapore.
“Kim will play an instrumental role as we continue to expand BXCI’s presence across Asia-Pacific,” adds Tyler Dickson, the company’s global head of client relations. “She adds to our deep bench of talent in the region, which has been a key driver of our differentiation and success for more than two decades.”