Barings has hired a former Deutsche Bank executive as a managing director in its Asia Pacific private finance group.
Justin Hooley joins Barings as managing director in the APAC private finance group, according to a statement, reporting to head of APAC private finance group Shane Forster.
Based in Sydney, Hooley is tasked with origination, underwriting and managing private credit investments in the developed APAC markets.
He has over two decades of industry experience including twelve with Deutsche Bank in Sydney, most recently as its head of credit opportunities. Previously, he worked in the leveraged and acquisition teams at Merrill Lynch, BOS International and CIBC.
Private Finance
According to Barings, the U.S. bank has been expanding its private finance investment team in Asia with a focus on developed markets like Australia, Singapore and Hong Kong.
«The new recruits will bolster the platform, which has invested over US$2.5 billion into local private debt markets, as it looks to raise additional capital from Australian and International investors targeting the attractive Australian and developed Asia private debt market,» said Barings’ head of APAC and head of global business development Duncan Robertson.
«Barings Global Private Finance Group comprises more than 60 investment professionals globally, with a 40-year track record of successfully financing middle-market buyouts, acquisitions, and recapitalizations,» added global private finance group co-head Adam Wheeler.
