Hedge Fund OCP Asia Hires Ernest Lee From Nomura in Singaporeby
Lee was head of principal finance group at Nomura Singapore
OCP Asia is hiring as banks scale back regional SME lending
Credit hedge fund OCP Asia has hired Ernest Lee from Nomura Singapore Ltd. as a senior portfolio manager, Dan Simmons, a partner at the firm said. Lee will join the firm’s Singapore office in August.
Lee’s last title at Nomura was head of the principal finance group for Asia ex-Japan. Aaron Pan, a spokesman for Nomura, declined to comment.
OCP Asia is expanding in the Asia-Pacific region as banks pull back in the region, offering more opportunities for private debt funds to extend credit. The firm has about $1.1 billion of assets under management and it focuses on private lending to small to medium size companies in Asia Pacific.