The investment firm Alvarium has appointed real estate veteran Priyaranjan Kumar to head its new Singapore office, according to a report by The Business Times.
Priyaranjan was with Cushman & Wakefield, for over 20 years, as the regional executive director, capital markets, Asia-Pacific, before joining Alvarium. Priyaranjan will be responsible for expanding Alvarium’s relationships with investors and operating partners. Located at the Marina Bay Financial Centre, the company has two people at the moment, but it expects to have 30 Singapore-based employees by the end of 2020.
The company offers multifamily office services in investment advisory, merchant banking, and co-investment, with its real estate investment platform being one such service. The company has 200 employees based in North America, Europe, and the Asia-Pacific.
Kumar, Managing Director, Singapore, Alvarium, said: "Singapore’s astute regulatory frameworks and robust governance have made it a welcoming home for investors and operating platforms. With Singapore as a strategic hub, we will be better able to advise private and institutional investors to deliver strategy, execution, and partnerships in the region, and for our global business."