$733 Billion Private Equity Firm Apollo Capital Management Targets $150 Billion Raise from Wealth Business by 2029 & Expansion in APAC, Will Focus on Hiring in Japan, South Korea, Australia, Singapore & Hong Kong, Raised $5 Billion from Affluent Investors in APAC Since Launch of Private Wealth Unit in APAC in 2022
8th November 2024 | Hong Kong
Leading private equity firm Apollo Capital Management ($733 billion AUM) is targeting $150 billion raise from the wealth business by 2029, and expansion in APAC with focus on hiring in Japan, South Korea, Australia, Singapore & Hong Kong. Apollo has raised $5 billion from affluent investors in APAC since the launch of the Private Wealth unit in APAC in 2022. In 2023, Apollo Capital Management appointed Edward Moon as Partner, 2 years after joining Apollo from HSBC Private Bank. Edward Moon is Apollo Head of Asia-Pacific Global Wealth and had joined in 2022 from HSBC Private Bank (Managing Director & Head of Alternative Investments, APAC). Edward Moon has more than 30 years of financial industry experience including at Citigroup, Credit Suisse & Bank of Singapore (Private Bank). In 2021, Apollo Capital Management had implemented major strategic growth plan on offering alternative investment solutions to both individual investors and to wealth advisors. On 2nd December 2021, Apollo Capital Management announced the plan to buy the United States wealth distribution and asset management businesses of Griffin Capital ($5 billion AUM).
“ $733 Billion Private Equity Firm Apollo Capital Management Targets $150 Billion Raise from Wealth Business by 2029 & Expansion in APAC, Will Focus on Hiring in Japan, South Korea, Australia, Singapore & Hong Kong, Raised $5 Billion from Affluent Investors in APAC Since Launch of Private Wealth Unit in APAC in 2022 “
$631 Billion Private Equity Firm Apollo Capital Management Appoints Edward Moon as Partner, Edward Moon is Apollo Head of Asia-Pacific Global Wealth & Joined in 2022 from HSBC Private Bank, More than 30 Years of Financial Industry Experience Including Citigroup, Credit Suisse & Bank of Singapore
23rd December 2023 – Apollo Capital Management, one of the world’s top private equity & alternative asset manager with $631 billion (AUM), has appointed Edward Moon as Partner, 2 years after joining Apollo from HSBC Private Bank. Edward Moon is Apollo Head of Asia-Pacific Global Wealth and had joined in 2022 from HSBC Private Bank (Managing Director & Head of Alternative Investments, APAC). Edward Moon has more than 30 years of financial industry experience including at Citigroup, Credit Suisse & Bank of Singapore (Private Bank). In 2021, Apollo Capital Management had implemented major strategic growth plan on offering alternative investment solutions to both individual investors and to wealth advisors. On 2nd December 2021, Apollo Capital Management announced the plan to buy the United States wealth distribution and asset management businesses of Griffin Capital ($5 billion AUM).
Edward Moon, Apollo Managing Director & Head of Asia Pacific Global Wealth – Edward Moon is Managing Director and Head of Asia Pacific Global Wealth in the Client and Product Solutions group at Apollo. Prior to joining in 2022, Edward was Managing Director and Head of Alternative Investments, Asia Pacific at HSBC Global Private Banking. Previously, he was Executive Director and Head of Hedge Funds and Liquid Alternatives at Bank of Singapore and served as CIO of Woori Absolute Partners before that. Earlier in his career, Edward served as Co-CIO and Managing Partner at EDGE Holdings Ltd.; as VP and Head of Equity Capital Markets (Korea) at Citigroup, and co-established Credit Suisse’s representative office in Korea.
$481 Billion Apollo Capital Management Hires HSBC Private Bank Edward Moon as Head of Asia-Pacific Global Wealth
3rd December 2021 – Apollo Capital Management, one of the world’s top private equity & alternative asset manager with $481 billion AUM, has hired HSBC Private Bank Managing Director Edward Moon as Head of Asia-Pacific Global Wealth. Joining in January 2022, Edward Moon was HSBC Private Bank Managing Director and Regional Head of Alternatives (Asia). Apollo Capital Management has implemented major strategic growth plan on offering alternative investment solutions to both individual investors and to wealth advisors. On 2nd December 2021, Apollo Capital Management announced the plan to buy the United States wealth distribution and asset management businesses of Griffin Capital ($5 billion AUM). (Assets under Management)
Edward Moon, Private Banking to Private Equity & Alternatives
Edward Moon has more than 20 years of of financial industry experience across alternatives, investment management and investment banking. He was HSBC Private Bank Managing Director and Regional Head of Alternatives (Asia), and earlier in his career was responsible for all hedge fund and liquid alternative investments at Bank of Singapore, held various roles at Lighthouse Canton (Managing Director), Woori Financial Group (Chief Investment Officer for alternative investments platform), Citigroup (VP) and Credit Suisse.
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