Johnny Heng will spearhead the Singapore office for EquitiesFirst, responsible for leading origination strategies in the market.
Heng was most recently chief client officer at Nomura Wealth Management, overseeing all key client relationships. Prior to this, he held senior roles at Coutts, Credit Suisse, and Wah Hin & Company. He also previously spent over a decade with the Government of Singapore Investment Corporation, managing equities trading divisions across London, New York and Singapore.
His appointment is effective immediately, and he will report to Gordon Crosbie-Walsh, chief executive officer for EquitiesFirst in Asia.
“Understanding the unique needs of our institutional and individual partners is absolutely critical in helping them to realise their ambitions,” Crosbie-Walsh said in a statement.
Heng’s global outlook and regional experience spanning sovereign wealth funds to family offices is a good fit in line with evolving financing demands, added Crosbie-Walsh.
“I’m thrilled to join EquitiesFirst, renowned for its unique alignment of interest between the firm and its partners,” Heng said. “This innovative approach allows us to think truly from the perspective of our partners and act in their best interest, delivering win-win results which are mutually beneficial to both parties in the long-term.”
Founded in 2002, EquitiesFirst specialises in long-term asset-backed financing. The total value of its loans transacted stands at $2.5bn as of 1 December 2020.