Armstrong Taps Ujioka For Clean Energy Fund

Apr 30 2013 | 8:28am ET

Singapore based-Armstrong Asset Management has appointed Yasushi Ujioka as investment director for its maiden fund, the Armstrong South East Asia Clean Energy Fund.

Ujioka has 17 years’ experience as an engineer and investment professional in the water, power generation and energy efficiency sectors across Europe and Asia. He comes to Armstrong from Swiss-Asia Financial Services, the asset management firm of the China District Energy Fund. He also served as business development director for Asia for the Dalkia Group, the energy division of Veolia Environnement, and held a senior management position with Degrémont, the water treatment division of Suez Environnement.

In his new role at Armstrong, Ujioka will have co-responsibility for deal management and origination across the Southeast Asia with a primary focus on Indonesia and will also lead the firm’s investment in the resource efficiency sector.

The new fund will invest in small-scale infrastructure projects and Armstrong expects to achieve a final closing of US$150 million by August 2013.

“As Armstrong’s investment strategy is to provide development capital to small-scale renewable energy and resource efficiency projects that help address the urgent energy needs of emerging markets in Southeast Asia, Yasushi’s engineering and project management experience makes him a valuable addition to the team operational capability and depth,” said Andrew Affleck, managing partner of Armstrong Asset Management. “He brings a good Euro Asian blend of cultural knowledge and is familiar with the multicultural business and investment environment in SE Asia.”


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.