A former HSBC private banker has joined L.A.-based alternatives specialist Ares Management as the head of Asia for its wealth arm.
Henry Lee has been named head of Asia at Ares Wealth Management Solutions (AWMS) and a partner of the Hong Kong office, according to a statement, reporting to AWMS global head of wealth management Raj Dhanda.
In the newly created role, Lee will oversee retail product development, distribution and strategic distribution partnerships across Asia with a focus on expanding relationships with financial intermediaries.
Lee has over 17 years of private banking and investment management experience, most recently at HSBC where he spent 16 years, last as its head of discretionary portfolio management and head of alternative investments for the private banking arm.
Ares Management
Ares Management is a U.S.-based alternative investment manager with an offering that includes primary and secondary investment solutions across credit, private equity, real estate and infrastructure. As of March 31, its global platform had $325 billion in assets under management.
The AWMS arm oversees product development, distribution, marketing and client management activities of Ares’ investment offering for the global wealth management channel with a team of approximately 105 professionals.
