Cheetah appoints MacDougall to lead global business development
Cheetah Investment Management has appointed Brian MacDougall as business development director to lead the firm’s internationalisation.
He will report to managing director Raymond Wong and his appointment is effective immediately.
This new role has been created to drive overseas asset gathering and make Cheetah’s existing and future Asia centric funds available to a greater number of international institutions. The initial geographical focus will be the US and Europe. Cheetah has traditionally raised the majority of its funds from Asia.
As of 1 January 2014, Cheetah and its affiliates managed just under USD1bn.
Wong says: “It is our ambition to double our assets under management over the next few years, and international development is integral to this. With two decades of Asian experience and an in depth knowledge of global institutions, Brian will be instrumental in helping us achieve this goal. Over the last couple of years we have seen increasing interest from overseas institutions, and we anticipate significant asset growth from international investors going forward.”
MacDougall says: “I am very excited to join Cheetah. Raymond and his team have an exceptionally long and successful track record in value investing in Asia. Cheetah’s core value funds have consistently outperformed the market over the past decade and I fully subscribe to their investment philosophy. My previous firm, a fund of funds, was invested in some of Cheetah’s funds as early as 2006. I now look forward to expanding Cheetah’s investor base overseas.”
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