Macquarie boosts Asia wealth team to bring infra funds to clients

Macquarie boosts Asia wealth team to bring infra funds to clients

FILE PHOTO: Macquarie Group logo is seen inside their headquarters in Sydney, Australia, May 9, 2025. REUTERS/Hollie Adams/File Photo

Macquarie Asset Management is ramping up its wealth business in Asia, appointing three professionals to bolster its alternative investment offerings for private wealth clients.

Wai Kin Leung joins as senior vice president; Kate Chan as head of Asia wealth marketing; and Hai Rou Ong as executive.

Hong Kong-based Leung brings over 13 years of experience in private markets, fund advisory, and portfolio management, having held senior roles at LGT Private Banking, Pictet, Credit Suisse, and HSBC. He will focus on advancing Macquarie’s private market solutions across Asia, particularly Greater China.

Chan, who is also based in Hong Kong, will lead marketing strategy to strengthen Macquarie’s brand and engagement with wealth clients and distributors across the region. She previously led marketing for Asia ex-Japan at Lazard Asset Management and held roles at JP Morgan Asset Management and Standard Life Investments.

Singapore-based Ong will support capital raising, client servicing, and distributor relationships, bringing experience in fund management, investment analysis, and business development.

“We’re excited to continue growing our global wealth team in Asia,” said Kimberly LaPointe, Head of Wealth at Macquarie Asset Management. “Expanding our team underscores our commitment to support wealth management firms and their clients worldwide. Our robust infrastructure platform and expertise enable us to provide solutions tailored to the diverse needs of wealth clients globally.”

“As one of the world’s largest infrastructure managers, MAM brings deep expertise in megatrends such as digitalisation and power. Private markets are a natural fit for wealth portfolios, offering sophisticated solutions with potential diversification and long-term growth. These appointments reflect our commitment to providing access and solutions that align with clients’ evolving needs,” said David Chang, head of Asia wealth.

Macquarie, which manages over $230 billion in infrastructure assets, has partnered with leading global wealth managers to deliver tailored solutions. Its flagship infrastructure strategies, launched in summer 2024, have already attracted close to $2 billion in capital, predominantly from investors across Asia, aiming to enhance diversification and return potential using the same value-creation approach applied to its institutional offerings.

Edited by: Joymitra Rai

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