A New York based corporate credit manager has chosen Singapore as its bridgehead into Asia.
In an effort to step up its regional presence investment firm and corporate credit specialist, Muzinich & Co (Muzinich) has opened an office in the Lion City, its first in Asia.
The company has over $1.3 billion invested in Asian credit through a variety of strategies, which include dedicated Emerging Market and Global strategies.
Muzinich recently obtained a capital markets services license for fund management from the Monetary Authority of Singapore (MAS) the firm said in a press release.
Building The Asian Team
Eric Pictet, who has held various senior positions in Europe since joining the firm in 2003, will have primary oversight of the Singapore office.
Mel Siew, an experienced credit analyst who has over six years with the firm has joined Pictet in Singapore and will continue to work closely with the firm’s portfolio managers and credit analysts.
«It is a measure of our commitment to Asia that we have appointed someone of Eric’s experience and seniority to establish our growing presence in the region,» said George Muzinich, Chief Executive and Chairman.
