Thursday, 27 August 2015
Last updated 22 min ago
Jun 17 2014 | 8:25am ET
GoldenTree Asset Management has opened a new office in Singapore, its first in Asia, naming a former Citigroup executive to lead it.
Shahriar Saadullah has been appointed managing director of business development in Asia-Pacific. He formerly lead Citi’s international fund distribution group in the region, and worked at on the bank’s European fixed-income team.
“It’s very exciting to be a part of GoldenTree’s expansion into the Asia-Pacific markets,” Saadullah said. “The strength and depth of GoldenTree’s catalyst-driven approach and investment team will be ideal in filling the growing appetite for value-add credit investments.”
GoldenTree is based in New York and London, and has offices in Dublin, Ireland, and Luxembourg.
“The opening of a Singapore office is an indication of our commitment to investors in the region and underscores the growing relevance of GoldenTree product offerings to investors in the Asia-Pacific region,” Saadullah’s new boss, Kathy Sutherland, said. The Singapore office will initially focus on business development, which Sutherland leads, but could eventually grow to house investment professionals.
May 27 2015 | 2:15pm ET
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