People Digest: SG’s Vulpes, SGX rope in senior execs

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Singapore’s investment management firm Vulpes Investment Management has named Sadiq Currimbhoy as head of sustainability, while Singapore Exchange has appointed Pol de Win as senior managing director, head of global sales and origination.

Singapore’s Vulpes ropes in head of sustainability

Vulpes Investment Management, a family office-backed investment management firm in Singapore, has hired Sadiq Currimbhoy as head of sustainability, according to an announcement.

As the head of sustainability, Sadiq has two principal roles. The first is an audit assessment of Vulpes’ existing publicly listed and private investments, understanding the material issues and identifying investment decisions or business model adjustments that create value. The second is to identify new opportunities and products, including forming new investment funds.

“Family offices have a major role to play in developing pathways toward a more sustainable economy,” said Stephen Diggle, founder of Vulpes. Diggle believes that family offices and family-run enterprises have a key advantage on their emphasis on the long term.

Vulpes has been increasing its focus on impact investing and corporate governance, a part of ESG performance. The firm has partnered with Patamar Capital, one of the leading impact Venture Capital firms in Southeast Asia, to continue to drive impact investing forward in the region. Vulpes is also developing a technology tool to uncover forms of reporting manipulation by corporations.

Currimbhoy began his finance career in 1995, and was an Investment Strategist at Merrill Lynch on the sellside and NewSmith Capital on the buyside. His most recent role was as the first head of sustainability at Maybank Kim Eng Securities in Singapore and he was also a member of the parent company Maybank’s Group Sustainability Council.

Vulpes Investment Management was created in 2011 by Steve Diggle transitioning from a hedge fund, Artradis Fund Management, into a multi-asset investor backed by his family office.

Vulpes invests globally and has over $500 million in assets under management.

SGX appoints ex-Goldman Sachs banker as senior MD

Singapore Exchange (SGX) has appointed Pol de Win as senior managing director, head of global sales and origination (GSO), effective 1 July 2021, according to a statement.

In this role, he will succeed the current head of GSO, Chew Sutat who will be retiring from the company on 31 July 2021.

de Win has extensive experience in capital markets advisory and execution of financial services sector transactions across Asia, Europe and the US.

Prior to joining SGX, he was the managing director with Goldman Sachs in Hong Kong, heading Southeast Asia Financial Institutions and Fintech (Asia ex-Japan).

Meanwhile, Chew joined SGX in June 2007 and in his fourteen years with SGX, made significant contributions in a range of leadership positions that saw the exchange transform from the Asian gateway into a global multi-asset exchange.

“As we enter a new growth stage, we are pleased to welcome Pol to SGX.  He adds perspective and experience honed from a vast network of relationships with regional issuers, global investors and major exchanges. With Pol’s leadership, we look forward to broadening and deepening the businesses Sutat and the team have built,” said Loh Boon Chye, Chief Executive Officer of SGX.

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.