Clifford Capital Group has appointed Sophea Seng as managing director and head of vitality & utilities, and has additionally established an asset administration arm, in line with two separate bulletins from the Singapore infrastructure credit score agency.
Singapore-based Seng will report back to Audra Low, who heads consumer protection for the Singaporean group. Seng joins the group from Société Générale, the place she ran the South & South-East Asia vitality financing follow.
She has over 17 years of expertise within the business and started her profession at Deloitte in Sydney and has labored throughout Australia, Hong Kong and Singapore.
“Sophea brings wide-ranging expertise in a excessive development and quickly transitioning vitality sector to Clifford Capital, and we’re delighted to have her on board,” mentioned Low in a media assertion.
In a separate announcement, Clifford Capital has additionally expanded into asset administration and appointed of Vidyasagar (Vid) Pulavarti as chief funding officer of Clifford Capital Asset Administration (CCAM).
CCAM shall be a 3rd line of enterprise for Clifford Capital, including to its origination and structuring, and distribution enterprise.
Pulvarti joined on January 6 and brings over 20 years of worldwide credit score and funding administration expertise. He most lately served as managing director of Asia Pacific (Apac) Credit score at Apollo World Administration, the place he established the agency’s pan-Apac personal credit score enterprise. His profession contains senior positions at corporations inlcyding Commonwealth Financial institution of Australia, Citibank and JP Morgan.
“The institution of CCAM represents a major milestone in our evolution as an infrastructure credit score platform,” mentioned Sanjiv Misra, chairman of CCAM and Clifford Capital, in an announcement.
Murli Maiya, Clifford Capital’s group chief govt, added: “Vid’s appointment, mixed with our built-in method throughout company origination, underwriting, distribution and institutional companies, positions us properly to scale our enterprise, positively influence our shoppers and assist develop institutional markets within the sustainable infrastructure house.”
Clifford Capital can also be in discussions with the Financial Authority of Singapore (MAS) to handle the Power Transition Acceleration Finance (ETAF) partnership as lately introduced at COP29.
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