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  • People

BlackRock hires Campbell Lutyens' Asia head

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  • Staff Writer
  • 13 March 2023
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BlackRock has recruited George Maltezos, formerly head of Asia Pacific at placement agent Campbell Lutyens, to lead alternatives distribution in the region.

Maltezos will begin his new role, based in Singapore, on March 13. He replaces James Mellors, who has moved from Hong Kong to London as BlackRock’s global head of real estate product strategy.

Maltezos spent seven years at Campbell Lutyens, having previously run Maltisian Capital, a Sydney-based boutique capital advisory firm. Before that, he headed up credit and alternatives marketing and distribution at Goldman Sachs in Australia and New Zealand.

BlackRock sources 15%-20% of its global alternatives assets from Asian LPs, Michael Dennis, the firm’s head of alternatives strategy and capital markets for Asia Pacific, told AVCJ last year.

Dennis added that BlackRock has substantially increased its private markets investment activity in Asia, scaling up from annual deployment of USD 1bn across equity and credit between 2018 and 2020 to around USD 3bn in 2022. Co-investment makes up the bulk of global PE exposure, followed by direct investment, secondaries, and primary fund commitments through fund-of-funds.

The Asia alternatives team has more than doubled in size over the past three years and now comprises approximately 180 professionals. Recent investor relations recruits include Ethan Ling, who came from CMB International to lead private equity fundraising in Asia Pacific.

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