CLSA Capital Partners, the alternative asset management arm of CLSA Asia-Pacific Markets, has hired Chris Boyle as the managing director of the firm’s new Pacific Transport fund.
Boyle joins CLSA after 25 years working in the shipping sector, including a stint at mining group Rio Tinto where he was responsible for setting up the company’s group transportation business. At CLSA, he will focus on securing investments for the new fund, which will invest in regional shipping and transport opportunities and focus on exploiting long-term transport trends.
“We believe there are significant growth opportunities in intra-regional trade, particularly in shipping, and we anticipate robust investment opportunities over the coming years,” said Richard Pyvis, CEO of CLSA Capital Partners. “The addition of Chris Boyle to the management team enriches our collective investment experience and further enhances Capital Partners’ capabilities in the region. I am sure our investors will soon see the results speak for themselves.”
This is the eighth fund established by CLSA Capital Partners since the firm was founded in 2000.