The alternative asset management and investment group Tikehau Capital has appointed a new partner, who brings more than 30 years of global experience in the financial services industry in the Asia Pacific, U.S. and Europe.

Neil Parekh, general manager Asia at National Australia Bank, will join Paris-based Tikehau Capital at the end of the second quarter as its head of Asia, Australia & New Zealand, according to a statement by the firm on Tuesday.

He will work alongside its management team in Asia to grow its investment capabilities and business in the region, the statement said.

Parekh was previously head of corporate and institutional banking coverage for Asia at Natixis. He has also held senior roles with DBS (global head of FIG and head of Middle East) and Societe Generale (global head of non-investment grade finance and head of U.S. debt capital markets), and worked with Bank of America in various product and client coverage roles.

Asia Growth

Tikehau has established and developed its presence and network across Asia in the past few years, with the opening of its Singapore office in 2014, followed by the opening of offices in Seoul in 2017 and Tokyo in 2019.

The firm invests in private debt, real estate, private equity and capital markets strategies, including through its asset management subsidiaries on behalf of institutional and private investors. The firm has €25.8 billion of assets under management and shareholder equity of €3.1 billion (as at 31 December 2019). Temasek Holdings and Morgan Stanley are among its investors.