ICG has hired a dedicated team to invest in Asia Pacific real estate equity and debt, focusing on mid- to upper-market transactions, corporate-led deals and special situations.
The new team of four, based in Singapore and Sydney, will be led by David Kim and Stephen Tang, who will become managing directors and co-heads of real estate, Asia Pacific, at ICG. They are joined by Rohan Neville and Isaac Leo. The team all previously worked together at ARA Private Funds.
Kim and Tang both have more than 23 years of real estate industry experience. At ARA, Kim was the CEO of Private Funds overseeing investments in real estate opportunities in the Asia Pacific region. Prior to joining ARA, Kim was a managing director and the COO of Blackstone’s real estate business based in Hong Kong, responsible for portfolio management.
Tang was the head of value-add and opportunistic real estate of ARA Private Funds and oversaw investment and asset management activities. In addition