Hong Kong-based private equity (PE) firm Gaw Capital Partners has appointed Oliver Yates as head of Australia, while global asset manager BlackRock has hired Stephen Allan as head of private credit for Australia and New Zealand.
Gaw Capital appoints Oliver Yates as Australia head
Hong Kong-based, real estate-focused PE firm Gaw Capital Partners has appointed Oliver Yates as its head of Australia.
Yates will lead the strategic expansion of Gaw Capital in Australia with a focus on investments in climate tech and energy transition, according to a release.
“We are delighted to welcome Oliver to Gaw Capital Partners as Head of Australia, and to lead our diversification into climate and sustainability growth investments” said Christina Gaw, managing principal, Gaw Capital Partners.
In his previous roles, Yates served as a senior executive at Macquarie Group and was the chief executive officer of Clean Energy Finance Corp (CEFC).
Since its establishment in 2005, Gaw Capital has raised equity of $22.3 billion with assets of $33.7 billion under management as of Q3 2023. The company has offices in Singapore, Shanghai, Seoul, London, and Tokyo. It also launched an office in India this year.
BlackRock names private credit head for Australia, New Zealand
Global asset manager BlackRock has hired Stephen Allan as head of private credit for Australia and New Zealand.
Allan has been working with the financial services group Nomura since 2010, starting as executive director of the firm’s structured lending and special situations unit, a position he held for eight years. In 2018, he became the managing director of Nomura, according to his LinkedIn profile.
BlackRock ended Q2 this year with $9.4 trillion in assets under management (AUM), up from $8.5 trillion a year earlier and $9.1 trillion in Q1.
Aside from its expansion into green investments in the US and Asia, the New York-based investment firm also announced last month that it will be joining hands with New Zealand’s government to launch a $1.22 billion climate infrastructure fund to invest in solar, wind, green hydrogen and battery storage technology in the country.