CLSA Adds Exec For New Pacific Transport Fund

Oct 10 2007 | 11:10am ET

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.

shipBoyle 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.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of

Business Insider has been reporting on the unusual trading activity of a mystery trader who placed a profitable short equity bet to the tune of $21 million on the Aug. 10 move in the CBOE Volatility Index (VIX).