London-headquartered Campbell Lutyens is the latest boutique fund placement and advisory firm to plant its flag in Asia, having hired Conrad Yan to lead its Asia Pacific office.
Yan, a Chinese national, has more than 15 years of experience raising private equity and infrastructure funds from Asian LPs, according to a statement from Campbell Lutyens. He spent the last year as head of Credit Suisse’s Asian asset management institutional distribution team, which was expanded and restructured last year and includes its private funds group. Yan previously spent nearly nine years as a managing director and Asian head of business development and client services for AIG Investments.
He will lead the firm’s Hong Kong office, which is preparing to apply for regulatory licenses, according to the statement.
Campbell Lutyens has hired three other executives to work alongside Yan: Andy Lee, a Korean national who worked previously in private banking and fundraising roles for AIG and ABN AMRO; Simon Kinzett, a New Zealand national whose in-house fundraising experience stems from stints at Babcock and Brown and Macquarie; and Gigi Lau, a Hong Kong Chinese national who most recently focused on investor relations in mainland China for Invest Hong Kong.
Andrew Sealey, managing partner of Campbell Lutyens, said in statement the Asia Pacific region had long been “centrally important to our business and establishing an office in Hong Kong is in line with our determination to offer the most effective global platform to our clients”.
Campbell Lutyens has offices in London and New York.
It is the latest Western, independent placement and advisory firm to set up an Asian office. CP Eaton Partners opened a Shanghai office in 2007; Capstone opened a Shanghai office in 2009; Probitas Partners opened a Hong Kong office last year. Gatekeeper StepStone Group has set up in Beijing, while placement firm MVision Private Equity Advisers has an office in Hong Kong.