
Unigestion appoints ex-CDPQ executive as Asia chairman
Unigestion has appointed Edouard Merette, formerly a managing director at Caisse de dépôt et placement du Québec (CDPQ), as non-executive chairman of its Asia board.
Based in Singapore, Merette replaces Bill Foo, who served as chairman for five years and remains a member of the board.
Merette has over 25 years of corporate management experience in Canada, Europe and Asia. He was appointed Asia managing director for CDPQ when it opened its Singapore office in 2014. Prior to that, he was the CEO for Aon Hewitt's Asia business, and regional president at Mercer.
"With our increasing presence in Asia since establishing our office in Singapore in 2007, we see the region as one of long term growth for Unigestion. Edouard's profile and experience globally, together with his knowledge of the Asian financial markets will help us establish strong relationships with Asian investors," Bernard Sabrier, Unigestion's group chairman, said in a statement.
Founded in 1971, Unigestion manages about $20 billion in assets across four areas: equities, multi-asset investing, private equity, and other alternatives assets.
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.