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Steven Mansy has joined Macquarie as head of fund finance origination APAC in Sydney, he tells PEI.

Hong Kong-based Ascentium Group was founded in 2020 by James Lee, former head of Asia distribution at Credit Suisse.

Several placement agents in Asia have used the pandemic as an opportunity to pursue other avenues, such as moving in-house to GPs.

Further Global's latest deal, announced in January, is the pending acquisition alongside TowerBrook Capital Partners of insurer ProSight Global for $586m.

The $74bn alternatives manager is seeking approval for another office in the region, its 11th worldwide.

The platform joins the likes of Cambridge Associates, Blackstone and Credit Suisse in attempting to capture Asia’s burgeoning HNWI opportunity.

The private equity stalwart has appointed former Investec fund financing veteran Tom Glover to help grow a GP and NAV-based lending strategy.

Jake Elmhirst, who co-founded the firm's private funds group, had been head of private market content in its Wealth Management unit.

The advisory firm looks to bolster its ranks in a competitive skilled labour pool in key sectors and geographies to capitalise on continued covid recovery momentum.

The move comes as the buyout firm seeks to raise its biggest-ever flagship fund.