Pam Hsieh will focus on the private credit firm’s relationships with financial intermediaries and wealth managers across Taiwan, Hong Kong and Singapore.
This portfolio will be managed by a team of 15 credit investment professionals across offices in New York, London and Singapore, and will be led by Nicolas Debetencourt.
FinanceAsia caught up with HSBC’s Christina Ma to discuss how increasing investment connectivity between Asia and the Middle East is reshaping traditional capital markets and paving the way for the expanded use of private capital.
The strategy has raised $120m of seed capital and will focus on the climate transition, initially targeting Australia, Singapore, South Korea, Japan, Hong Kong, the UK and Canada.
Henry Chui will lead the firm's seventh office in Asia, in addition to his role as head of private wealth, Asia Pacific, at the Swiss private markets specialist.
Singapore-based Lee, who has been recently promoted to the bank's global head of investment banking, told FA how private credit is becoming an attractive option for Asia's SMEs.
The global alternative asset manager and stockbroker have initially contributed $50m each, and are aiming the fund at mid-sized corporates across Asia Pacific.
The partnership between the global bank, which opened an office in Abu Dhabi's financial centre last year, and the UAE sovereign fund, will have a particular focus on India.