Boston-headquartered alternative investment fund placement agent, Monument Group has made a trio of hires in its Hong Kong office as the firm looks to expand its presence in Asia.
Albert Jun has been appointed as director, Sabrina Meng as senior associate and Kris Ho as operations manager.
The appointments come a few months after the firm brought on board Niklas Amundsson as managing director in Hong Kong.
“Our team expansion allows us to introduce our clients to a broader group of Asia-based investors, as well as create access for investors worldwide to many high quality Asia-based funds,” said Amundsson in a statement. “The Asian investor market is growing at a healthy pace and many investors are becoming more global in their investment considerations, so we need local and deep relationships to capitalize on both of these opportunities.”
As director, Jun would be responsible for marketing to the Korean and other Asian investors. He was previously vice president and team leader of the fund placement division at Korea-based NH Investment & Securities. Meng was earlier working with Hong Kong-based fund-of-funds Emerald Hill Capital Partners, and Ho was with MVision.
Monument Group opened an office in Hong Kong in March 2014, a few months after opening its first Asia office in Tokyo. In February this year, it went on to appoint Amundsson from the rival London-headquartered placement agent MVision. Among other asset classes, Monument Group is also understood to be approaching real estate investment managers in the region to assist in fundraising efforts.