InfraRed NF positioned for further growth with senior appointment
|Category||Asian Real Estate / Hong Kong|
InfraRed NF, the leading Greater China real estate investment manager, is pleased to announce the appointment of Ong Chi Tuan as Head of Strategy and Business Development.
In this role, Chi Tuan will work with InfraRed NF’s senior leadership team to expand the firm’s platform and take a lead on the firm’s capital raising and investor relations activities. He will also work with InfraRed NF’s investment team to develop strategic investment themes to drive business growth. Chi Tuan will be a member of InfraRed NF’s Executive Committee.
Chi Tuan joins InfraRed NF from Park Hill Group where he led their real estate private equity advisory and placement business in Asia. He was previously with the Real Estate Group at HSBC where he was involved in the origination and execution of investment banking transactions for real estate clients in Greater China and with CapitaLand where he was an Investment and Asset Manager. He received a Bachelor of Business Administration from the National University of Singapore and an MBA from INSEAD.
Stuart Jackson, CEO of InfraRed NF, said: “Over the last 12 years we have built a high-quality institutional platform with extensive expertise in Greater China and a proven track record of delivering superior returns from value-add and mezzanine financing. We are delighted to welcome Chi Tuan on board. His insights, experience and relationships will add significant value and complement what is already a strong team.”
Commenting on his appointment, Chi Tuan added: “I am thrilled to be joining one of the leading institutional investment platforms in Asia. Asia, and Greater China in particular, holds enormous opportunity for investment and partnership and I look forward to working with the team to take advantage of the exciting growth opportunities we are seeing.”
InfraRed NF is a Hong Kong-based joint venture between InfraRed Capital Partners and Vervain. Established in 2007, InfraRed NF is a leading investor in Greater China real estate with a proven track record of delivering superior returns through a combination of mezzanine financing and value-add investing. InfraRed NF has invested over US$1.75 billion across 23 transactions in Greater China.
InfraRed Capital Partners is a leading global investment manager focused on infrastructure and real estate. It operates worldwide from offices in London, Hong Kong, New York, Seoul and Sydney and has launched 18 funds including two listed companies on the London Stock Exchange. With c.140 professionals, InfraRed Capital Partners manages US$12bn of equity in multiple private and listed funds, primarily for institutional investors across the globe.
Vervain (which includes entities operating under the former name of “Nan Fung China”) is a private company established in 2004 and based in Hong Kong. Vervain has a diversified real estate business, including property investment, property development, project management and real estate private equity investments. Vervain’s property portfolio comprises high quality residential, commercial, industrial, serviced apartments and hotel projects in Hong Kong and other global cities including London, New York, Seoul, Tokyo and Da Nang. The company’s financial investments include global equities, fixed income portfolios and fund partnerships.