LONDON, 2 December 2019 – M&G Investments (“M&G”) has appointed Matthew O’Sullivan as Head of Asia Pacific Origination to build a credit and alternatives origination team, based in Singapore. The team will originate investment opportunities in the Asia Pacific region which will enable M&G to diversify its assets and expand its investment universe.
As one of the world’s largest investors in private credit, M&G has a long history of investing in private fixed income with approximately £27.4* billion under management and a team of over 525 investment professionals. As the international financing landscape continues to evolve, M&G is expanding its resources to have a presence in key regions internationally so it can extend and deepen relationships with banking partners. Matthew, who has relocated from London, is establishing a team to originate and analyse investment opportunities, and reports to Alex Seddon, Co-head of Private Credit, in London.
Joining Matthew is Gareth Anderson, Associate Director, with eight years’ experience originating and investing in credit, with the last three spent working in Singapore.
Jack Daniels, Chief Investment Officer of M&G Plc, says: “This is yet another significant step in our strategy to invest in global locations and markets offering scope for future growth. The formation of this private credit origination team will complement our exceptionally strong investment management capabilities in the UK.”
William Nicoll, Head of Institutional Fixed Income, M&G Investments, says, “Having someone of Matthew’s calibre and experience to spearhead our origination team in this region will provide our fund managers with excellent investment opportunities. Private assets are ever-evolving and establishing a regional presence will put us closer to the management of the companies we are lending to, originators we can partner with and relationship banks in Asia Pacific, which will ultimately benefit our institutional clients who seek the value on offer in this asset class.”
* as at 30 June 2019