Peter Wittendorp is now head of APAC real estate at HSBC AM (Image: SilkRoad)
HSBC Asset Management (HSBC AM) has completed its acquisition of SilkRoad Property Partners and appointed Peter Wittendorp, founder and former chief executive officer of the Singapore-based private equity firm, to lead its real estate business in Asia Pacific.
The transaction involves the asset manager taking over SilkRoad, its subsidiaries in Hong Kong, Shanghai and Tokyo, as well as the five general partner entities associated with its active funds, for an undisclosed amount.
With completion of the deal being…
