Asia-based asset manager Eastspring Investments has formed a new alternatives investment team and hired two new senior executives.
Based in Singapore, Nadir Maruf has been appointed as chief investment officer for alternatives, and Duncan Black has joined as investment director.
Maruf will report to Eastspring’s chief investment officer Virginie Maisonneuve and will be responsible for the management and investment performance of the firm’s alternative and infrastructure offerings.
Commenting on the hire, Maisonneuve said, ‘Nadir’s extensive international experience, which includes infrastructure investment and asset management, private equity and expertise across operations and finance, makes him an ideal candidate to lead our alternatives team.
‘Given the global shortfall in infrastructure funding, together with the region’s economic growth profile and demographic shifts, there is a clear opportunity for infrastructure, private equity and private debt investments which potentially create alpha for institutional clients seeking a strong, stable investment partner.’
With more than 20 years of alternative investments experience, Maruf joins Eastspring from Daestrum Capital where he was partner and chief executive officer. Previously, he worked at Deutsche Asset Management where he was responsible for alternatives and infrastructure in Asia Pacific.
Black joins Eastspring from Daestrum Capital where he was partner and chief financial officer. He previously held senior infrastructure roles at Deutsche Asset Management, Atlantis Resources, Lyon Group, Asia Infrastructure Fund, and CLP Holdings.