Ryan Selwood was named managing director and chief development officer at alternative money manager Carlyle Group.
It is a new position, spokeswoman Christa Zipf said in an email. He will begin his New York-based position Jan. 1.
Reporting to CEO Kewsong Lee, Mr. Selwood will be involved in a range of activities both in investment management and in multiple priorities for the alternatives giant, including growth initiatives, and corporate mergers and acquisitions.
Mr. Selwood was previously head of direct private equity at the C$497.2 billion ($393.1 billion) Canada Pension Plan Investment Board, Toronto. He was replaced by Maximilian Biagosch, a managing director for the board, CPPIB spokesman Frank Switzer said in August.
As of June 30, Carlyle had $276 billion in assets under management.
