A former executive from Citi Private Bank has joined the asset servicing arm of Mitsubishi UFJ Financial Group.
MUFG Investor Services appoints Fi Dinh as head of fund finance for APAC region, according to a statement.
In her new role, Dinh is tasked with expanding the fund financing business in the region and supporting the overall growth of the global asset servicing and fund administration business.
Previously, Dinh worked at Citi Private Bank leading a portfolio of private equity fund finance relationships and directing the ESG-linked financing initiative for the business globally. Prior to that, she spent three years at ING in Singapore setting up its fund finance and insurance finance APAC business and almost a decade at Barclays in London and Dubai.
MUFG Investor Services
MUFG Investor Services is currently present in 16 locations worldwide with over $770 billion in assets under administration from nearly 500 clients, including hedge funds, asset managers, private equity, real assets and fund of funds.
«As the industry experiences a liquidity squeeze, banks across the globe are scaling down the fund financing space due to capital constraints,» said MUFG Investor Services CEO John Sergides. «Given we have a strong and stable balance sheet, we are committed to supporting fund financing needs across the broader alternatives market.»
