SCM Strategic Capital Management appoints Morgan Stanley's Al Paas to board
SCM Strategic Capital Management has named Head of Morgan Stanley’s Shanghai office Al Paas to its board of directors.
Paas is charged with helping the firm develop its investment strategy, banking on his experience in M&A.
Prior to his role as a managing director at Morgan Stanley in Hong Kong, he has worked with Zurich Financial Services in Switzerland, where he was Global Head of Strategy and Global Head of M&A. He began his career at JP Morgan, also focused on M&A deals.
Switzerland-based SCM Strategic Capital Management maintains a focus on private equity, real estate and infrastructure fund investments, claiming an annual investment volume of $1 billion and more than $7 billion of assets under management.
More on Greater China
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.