Singapore-based Kamet Capital Partners adds seven to its multi-family office which topped $1 billion in assets under management.
The new hires include Wilson Er, ex-portfolio manager at Rockpool Capital in Hong Kong and David Law, former money manager and analyst at Mizuho Asset Management in Singapore. Er and Law are joined by two analysts for the investment team alongside three others supporting administrative needs from families, according to a «Bloomberg» report citing chief executive Kerry Goh.
The expansion will be followed by another two hires by September, Goh said.
Post-Virus Opportunities
According to the multi-family office, its clients are investing in various opportunities such as a healthcare business in Thailand in the second half of 2020, the third private investment since the outbreak.
«We are buying and investing a lot for our clients, especially during the Covid period where we saw opportunities in equities and alternative assets,» said Goh. Kamet Capital Partners runs money for four families of first generation entrepreneurs in the technology, consumer goods and hospitality sectors from China and Southeast Asia.