After two years with Edmond de Rothschild Asset Management, Asia marketing manager Bryan Chen is leaving his post in Hong Kong for pastures new.
According to a source close to the situation, Chen is mulling two offers. Both are business-development and deal-sourcing roles, one at a Middle Eastern sovereign-wealth fund and the other at a private-equity funds group based in the Far East.
In the latter role – for a ‘known firm’ – he would be involved in sourcing private-equity funds predominantly buying Asian assets with a view to selling to European institutions, says the source.
The list of sovereign funds in the Middle East comprises names such as Abu Dhabi Investment Authority (the largest SWF in the world, with an estimated $627 billion in assets), Qatar Investment Authority, Kuwait Investment Authority, Investment Corporation of Dubai, International Petroleum Investment Company and Mubadala Development Company, the latter two both also based in the United Arab Emirates.
Chen’s last day at EdR AM is Tuesday (September 7), following a three-month notice period. He declined to comment for this story.
When asked whether Chen would be or has been replaced, Lavin Mok, who joined EdR AM as Asia head of sales in March, said there is nothing to announce as yet.