Home Alternative Investments Alternative investment manager sets up wealth operation in Asia

Alternative investment manager sets up wealth operation in Asia

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Ares Management Corporation has hired Henry Lee as a partner in its Hong Kong office.

Lee will lead the firm’s offering of wealth management solutions that will cater to the growing retail investment market in Asia.

He will report to Raj Dhanda, Ares’ global head of wealth management in Ares Wealth Management Solutions (AWMS).

Lee will focus on expanding the depth and breadth of Ares’ relationships with financial intermediaries. He joins Ares after a 16-year career at HSBC, where he was the global head of discretionary portfolio management and head of alternative investments for HSBC’s global private bank.

AWMS oversees the product development, distribution, marketing and client management activities of investment offerings for the global wealth management channel, reports our sister publication, International Adviser.

Expansion

Michael Arougheti, chief executive and president of Ares, said: “Henry’s addition and the build-out of AWMS’ capabilities globally reflect our commitment to expanding access to Ares’ leading investment strategies and market insights for individual investors.

“Through our expanding range of institutional and retail vehicles, coupled with excellent client service and educational resources, we believe Ares is well-positioned to support individual investors’ growing demand for high-quality private market solutions across the Asia region.”

Ares Management Corporation is a global alternative investment manager offering clients primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

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