New York-based credit specialist Muzinich & Co. has expanded its Asia Pacific institutional sales team with the hire of a former Natixis executive.

Muzinich & Co. has hired Herman Chan as director, marketing & client relations, according t o statement. Based in Singapore, he will focus on business development for institutional clients in Hong Kong, Singapore and Southeast Asia markets.

Chan was most recently working at Natixis Investment Managers Hong Kong as director, institutional sales – Greater China and head of institutional sales for Hong Kong & Macau. Prior to that, he was working at PineBridge Investments Asia as a vice president responsible for strategy and business development. Previously, he also worked at HSBC, UBS, PwC and KPMG.

Founded in New York in 1988, Muzinich & Co. currently has 15 offices in the US, Europe and Asia, offering a broad range of corporate credit funds across both developed and emerging markets. As of 31 May 2023, the funds totalled $35.8 billion in fixed income credit assets.