Investment manager

Alternative investment manager launches wealth management operation in Asia

Ares Management Corporation has hired Henry Lee as an associate in its Hong Kong office.

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

He will report to Raj Dhanda, Global Head of Wealth Management at Ares Wealth Management Solutions (AWMS).

Lee will focus on expanding the depth and breadth of Ares’ relationships with financial intermediaries. He joins Ares from a 16-year career at HSBC, where he was Global Head of Discretionary Portfolio Management and Head of Alternative Investments for HSBC’s Global Private Banking.

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

Expansion

Michael Arougheti, Managing Director and President of Ares, said, “The addition of Henry and the expansion of AWMS capabilities globally reflects our commitment to expanding access to leading investment strategies from Ares and market information for individual investors.

“With our growing range of institutional and retail vehicles, coupled with excellent customer service and educational resources, we believe Ares is well positioned to meet the growing demand from individual investors for high-end private market solutions. quality in the Asia region.”

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