People Digest: BNP Paribas AM hires APAC Head; StepStone names new partners

The logo of financial group BNP Paribas Fortis is seen outside the Belgian headquarters in Brussels November 17, 2011. REUTERS/Thierry Roge

French asset management company BNP Paribas has hired Paul Sandhu as head of multi-assets quant solutions and client advisory for Asia Pacific while StepStone Group has named five new partners and six new managing directors.

BNP Paribas AM hires head of client advisory for Asia Pacific

BNP Paribas Asset Management, the investment management arm of French asset management company BNP Paribas, has named Paul Sandhu as head of multi-assets quant solutions and client advisory for Asia Pacific, according to a report from Asia Asset Management.

In his new role, which takes effect from February 11, he will oversee the company’s customised quant product development for institutional and wholesale distributor clients in the region.

Sandhu will be based in Hong Kong and report to Anton Wouters, the head of solutions and client advisory.

Before BNP Paribas, he was managing director and head of investment solutions at US investment firm Conning, where he was responsible for setting up the company’s business operations in Asia.

Paris-based BNPP AM has approximately 399 billion euros ($451.9 billion) of assets under management currently.

StepStone Group names new partners and MDs

StepStone Group, a global private markets investment and advisory firm has announced five new partners and six new managing directors in New York, London, Beijing, California, Switzerland, California and Brazil.

The new partners include Vincent Hsu, a member of the private equity team, based in Beijing; Aiyu Nicholson and Geoffrey Dolan in New York; Christable Yau, a member of the investor relations team in New York; Michael Cronin, a member of the PE team from London.

StepStone Group to date has more than $265 billion of total asset allocations, including over $51 billion in assets under management.

Also Read:

2019 to be a strong year for PE exits, says BNP Paribas India top exec

UBP said to hire about 15 bankers from BNP Paribas in Asia

Japan’s GPIF picks StepStone as global infrastructure fund-of-funds manager 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.