Ostrum Asset Management launches a Hong Kong subsidiary to expand its real assets private debt management platform in APAC
Natixis Investment Managers’ affiliate Ostrum Asset Management is setting up a team of experts based in Hong Kong and Singapore to extend its real assets private debt management range1 for institutional investors, incorporating a new subsidiary in Hong Kong {Ostrum Asset Management (Hong Kong) Limited} to support its growth goals in the region. Charles Regan has been appointed Managing Director, Head of APAC Infrastructure Real Assets Private Debt and Alistair Ho has been appointed Managing Director, Head of Co-lending for Asia-Pacific. Co-lending activity will be done in partnership with Natixis’s Corporate & Investment Banking division.
Ostrum AM is expanding its business in the Asia-Pacific region by opening a subsidiary in Hong Kong to provide investors opportunities to diversify into real asset private debt. This move forms part of Ostrum AM’s broader strategy to expand its global platform for this asset class, managed by Denis Prouteau, Real Asset Private Debt CIO. This newly created subsidiary will provide investors with investment opportunities in the infrastructure real asset private debt space in Asia-Pacific, along with co-lending opportunities in partnership with Natixis’ Corporate & Investment Banking division.
Asia-Pacific has become the world’s largest infrastructure market in terms of both investment opportunities and investor demand. Ibrahima Kobar, Chief Investment Officer & Deputy Chief Executive Officer of Ostrum AM, notes, “Asia-Pacific alone is set to account for 60% of global infrastructure spending by 20252, including the One Belt, One Road program, which will require a hefty amount of financing. Hiring renowned experts into our teams in APAC is key to helping us develop a fund range suited to our clients’ needs over the months ahead.”
Fabrice Chemouny, Head of Asia-Pacific for Natixis Investment Managers, adds, “Real assets private debt is an excellent way to address investors’ need for diversification while giving them the opportunity to finance the real economy. The asset class offers an attractive risk/return profile. Ostrum AM’s range fits fully with Natixis Investment Managers’ Active ThinkingSM approach.”
Charles Regan comments: “Asia-Pacific includes the fastest growing economies in the world and Australia, which is the 2nd largest project finance market in the world – all of which provides rising market for infrastructure debt. And infrastructure financing in Asia offers comparable risk to OECD investments3. We have been investing in the region for more than 20 years and have experienced successful execution through multiple cycles.”
Charles Regan is joining Ostrum AM Hong Kong Limited as Managing Director, Head of APAC Infrastructure Real Assets Private Debt. Most recently, Mr. Regan was co-founder and Managing Director of Windward Capital Asia Inc. Prior to Windward Capital Asia, Mr Regan held a number of senior roles covering the region including Managing Director, Regional Co-Head of CIB and Regional Head of FIG, Asia Pacific at Banco Santander (Hong Kong) and Head of Originations, Capital Markets & Managing Director, Asia Pacific at WestLB AG (Hong Kong).
Mr. Regan received an MBA from Thunderbird School of Global Management and BBA from James Madison University.
Mr. Regan will initially be heading a team of two comprising Angus Davidson Managing Director, and Evelyn Chan, Director.
Alistair Ho is joining Ostrum AM Hong Kong Limited as Managing Director, Head of Co-Lending for Asia-Pacific in partnership with Natixis S.A.’s Corporate & Investment Banking division. Most recently, Mr. Ho was Managing Director, Head of Structured Finance, Asia ex-Japan for Mizuho Securities Asia Limited. Prior to Mizuho, Mr. Ho held a number of positions in Asia, including: Executive Director, Head of Structured Credit Syndicate, Asia Pacific at Natixis; Vice-President, Fixed Income Structured Solutions at Credit Suisse; and Vice-President, Cross-Asset Strategic Solutions at Citigroup. Before returning home to Hong Kong, Mr. Ho began his career in the Structured Credit Products Group at Citigroup in New York.
Mr. Ho received a Master of Arts – Economics and a Bachelor of Arts – Joint Honours Economics and Finance from the McGill University, Montreal, Canada. He also received a Master of Quantitative Finance from University of Waterloo, Canada.