Christie Ou
The firm plans to introduce its first real estate debt offering after rebranding its property business this month.
Chinese capital controls have been making it tougher for businesses to move money offshore, but this may open the door for private debt fund manager
Months after launching its first structured credit platform, CLSA expands further into private debt with the formation of a separate special situations unit.
Chinese capital controls have been making it tougher for businesses to move money offshore, but this may open the door for private debt fund managers.
Matthew Tehan moves to the firm’s Sydney office to lead its capital markets team in the region.
The New York-based firm acquired the portfolio of mainly real estate-backed loans from Chinese asset management company Huarong AM last week.
Gaurav Parasrampuria will examine opportunities in the Indian market from the firm’s Singapore office.
The transaction is fully funded by KKR’s global alternative credit funds.
The Hong Kong-based firm has raised the largest ever Asia-focused special situations fund and added capital to its secured lending fund.
The firm, co-founded by the former executive of Goldman Sachs and the former CEO of Citadel Europe, invests in a broad range of credit and special situations across Asia.