As Australia’s private debt market slowly springs to life, there is a big Asian player actively seeking an early seat at the table.
Street Talk understands financial services and property giant Mirae Asset Financial Group, which has north of $US120 billion under management, wants to claim a share of the market.
Multiple sources have told Street Talk that Mirae has Hong Kong-based recruitment firm Selby Jennings ruffling feathers inside investment banks’ debt capital markets teams and credit funds, trying to poach a senior dealmaker.
“Our client, a top-tier asset manager, is looking for a director to start and build out an Australia team to focus on private debt investments,” the recruiter says in its pitch to local debt specialists. …