The previous week has seen strikes by a number of international fund managers to ramp up their operations in Asia Pacific, as they eye alternatives arising from the area’s long-term progress potential and macro developments resembling power transition, digitilisation and urbanisation.
Blackstone introduced plans on Monday Could 30 to broaden its personal credit score enterprise in Asia with the appointment of Mark Glengarry as head of Asia Pacific Origination for Blackstone Credit score. The US asset supervisor is trying to construct a $5 billion credit score enterprise in Asia “within the near-term”, a spokesperson informed FinanceAsia.
The agency is bullish on alternatives in what it calls “good neighborhoods” companies…
¬ Haymarket Media Restricted. All rights reserved.