Andrew Tjaardstra

The digital bank, which has operations in Hong Kong and Indonesia, is looking at M&A opportunities and developing artificial intelligence agents, with the debt and equity fundraise.

Hong Kong-based Huang was most recently executive vice president of the Hong Kong Green Finance Association.

The fundraise includes $1.8bn for KKR Asia Credit Opportunities Fund II as the investment giant sees growing investor demand for allocation to private credit in the region; the fund has been used for deals in Hong Kong, India and Australia.

Singapore-based Jarek Olszowka has over two decades of experience in financial services and most recently worked at Nomura in London.

Hyundai-backed Sylvan Group is partnering with SK Innovation to invest $300m to scale a hydrogen transport business in South Korea; the plan is to support 6,000 buses by 2029.

The US management platform has clients across institutional asset management, hedge funds, banks and private markets.

The offerings attracted public sector institutions, banks, asset managers, corporates and private banks, with particularly strong participation from Asia.

Aviation finance partner Leo Fattorini has brought a six-person aviation team from Bird & Bird, while Jason Chan joins in Hong Kong.

In a positive year for the region's banks, 2025 ECM fees in Apac, ex Japan, were up 45% from 2024, DCM fees saw 11% growth, amid a record year for bonds, while M&A advisory fees climbed 43%.

Phillip Suh, previously CEO at Samsung Asset Management, will replace the retiring Hyon Joo Park.