Press Releases

BlackRock Appoints Celia Yan to Join Asian Private Credit Leadership Team

BlackRock |Nov 19, 2020

Further deepens investment expertise across a diversified alternatives platform

ASIA PACIFIC, November 16, 2020 – BlackRock has appointed Celia Yan to the newly-created post of Head of China for the firm’s Asian Private Credit team.

In her new role, Ms Yan will assume the role of co-portfolio manager for private credit investments across Asia Pacific and help build out BlackRock’s regional private credit platform. Based in Hong Kong, she will be part of the Asian Credit leadership team, reporting to Neeraj Seth, BlackRock’s Singapore-based Head of Asian Credit.

Mr Seth said, “Asian private credit offers diversification within the global credit space as well as potentially higher yields when compared with developed markets. It also represents a key pillar to our broader alternatives offerings, as investors seek uncorrelated returns. We are delighted to welcome a senior investor of Celia’s calibre as she brings deep private credit expertise and insight to serve our clients.”  

Ms Yan was previously Head of Greater China with ADM Capital. As a senior private credit investor, she led the overall China investment strategy and specialized in sourcing and executing Greater China private credit investments. Before joining ADM Capital in 2011, Ms Yan worked for National Australia Bank in Melbourne, where she advised on complex investment solutions and risk analysis. She also served Equity Trustees Limited in an asset management capacity.

Mr Seth added, “We are confident that Celia’s wealth of experience will contribute substantially to deal sourcing and investment outcomes, as we see increasing private credit opportunities in Asia Pacific as a result of financial disintermediation and demand for flexible credit solutions.”

Mr Michael Dennis, BlackRock’s Head of Alternative Strategy & Capital Markets for APAC, said, “The lower-for-longer environment is reinforcing the critical role alternatives assets play in our clients’ portfolios for income and growth. The addition of Celia exemplifies our commitment in deepening the investment expertise across the broader alternatives platform to better serve our clients.”

BlackRock’s US$263 billion1 alternatives platform is designed to serve investors seeking outperformance across a range of investment solutions in real estate, infrastructure, private equity, credit, hedge funds and alternative solutions.

1 As of September 30, 2020

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