Money20/20 Asia is the place where C-level executives, renowned speakers, innovators
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that will create change in the future of fintech and money.
Aymar de Liedekerke Beaufort, who has spent the last seven years in Asia at the bank, as head of Vietnam, India and most recently South Korea, takes on the newly created role in Hong Kong.
The bank wants to help scale digital 'platform players', and is also offering $150m of venture debt to the Singapore market to provide financing to early-stage, high-growth companies backed by venture capital or private equity.
The global alternative asset manager and stockbroker have initially contributed $50m each, and are aiming the fund at mid-sized corporates across Asia Pacific.
The Singapore-VCC registered structure is aiming to attract high-net-worth individuals, family offices and institutional investors with "up to 30%" allocated to Grasshopper Asia's trading strategies.
The German bank is targeting clients, including fund managers, who want Shariah custody as regional demand grows and cross-border Asean capital flows increase.