Q&A: Why SSG shuns China NPLs for India

A pioneer of distressed debt investing in Asia, SSG CIO Edwin Wong says he has turned cautious on China amid rising competition, but sees promise elsewhere in the region.

Edwin Wong is chief investment officer at SSG Capital Management, a $4.5 billion Asia-focused private equity fund. In an interview with FinanceAsia, he shared his views on distressed-debt investing across the region.

Wong worked his way up the ranks at Lehman Brothers in the 1990s, becoming a senior managing director and helped found its Asian special situations group. After Lehman collapsed, he and other members of the group branched out to set up SSG.

SSG operates two main strategies special situations and private credit. For the most part, SSG originates or finds deals itself, through its own team and an extensive list of key contacts...

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