Clifford Capital, a Singapore-headquartered infrastructure credit platform, has expanded into asset management. The company also said today that it had appointed Vidyasagar Pulavarti as chief investment officer of Clifford Capital Asset Management (CCAM).
CCAM will be a third line of business for Clifford Capital, complementing its origination and structuring, and distribution business. Clifford Capital is also in discussions with the Monetary Authority of Singapore to manage the Energy Transition Acceleration Finance (ETAF) partnership as recently announced at COP29.
“The establishment of CCAM represents a significant milestone in our evolution as an infrastructure credit platform,” said Sanjiv Misra, chairman of CCAM and Clifford Capital, in a statement.
Pulavarti (pictured), who joins CCAM on 6 January 2025, has over 20 years of global credit and investment management experience. He was most recently managing director of Apac credit at Apollo Global Management, where he set up the firm’s pan-Asia Pacific private credit business. His career also includes senior positions at various financial institutions such as Commonwealth Bank of Australia, Citibank and JPMorgan Chase.
“[Pulavarti’s] appointment, combined with our integrated approach across corporate origination, underwriting, distribution and institutional services, positions us well to scale our business, positively impact our clients and help develop institutional markets in the sustainable infrastructure space,” said Murli Maiya, chief executive officer of Clifford Capital.
Founded in 2012, Clifford Capital is an infrastructure credit platform specialising in global infrastructure debt origination, distribution, and investment with over $8bnin cumulative commitments. The firm benefits from government guarantees with a policy mandate to support companies with a Singapore connection.
