Anglo-South African asset manager Ninety One has hired a former Clifford Capital executive in Singapore.
Ninety One has appointed Leong Kae Xiang as a director, according to a statement. Based in Singapore, he will be responsible for originating, structuring and executing infrastructure debt transactions across South and South East Asia, as well as managing relationships with key stakeholders.
Prior to joining Ninety One, Leong worked at Clifford Capital as director, client coverage group, tasked with the origination, arrangement and execution of infrastructure financing globally across the debt capital spectrum. Previously, he also worked at Sumitomo Mitsui Banking Corporation and CTBC Bank.
«[Leong’s] expertise in originating, structuring, and executing complex infrastructure deals, coupled with his deep understanding of emerging markets, positions him as a key asset in driving sustainable and impactful investments,» commented Martijn Proos, co-head of emerging market alternative credit at Ninety One.
Established in South Africa as Investec Asset Management in 1991, the asset manager demerged in 2020 to become Ninety One and as of end-2024, it had $163 billion in assets.
