Campbell Lutyens boosts Asia presence with Singapore office

The firm sees a growing opportunity set in infrastructure across both primary fundraising and secondary transactions.

Campbell Lutyens has opened a new office in Singapore, its second outpost in the Asia-Pacific region.

“Singapore represents a strategically important market for our firm, as it strengthens our breadth and depth in the region,” George Maltezos, a partner and co-head of Asia-Pacific told Infrastructure Investor.

The Singapore office is already up and running with two professionals, Maltezos said, adding that the firm is looking to hire more people. Since establishing a Hong Kong office in 2010, the firm’s Asia-Pacific team has grown to 15 people and is currently advising on $7.8 billion of transactions for the region’s clients, Campbell Lutyens said in a statement.

Maltezos stressed that the Singapore office extends the firm’s current commitment to the region, focusing on primary fundraising and secondary transactions for infrastructure,  private equity and private debt.

He said the firm sees a lot of primary infrastructure fundraising opportunities in the region, adding it is currently in talks regarding a number of them, without elaborating further.

“There is a growing number of quality managers who are based in Asia, raise capital in Asia and invest in Asia,” he noted. He also sees a growing number of global LPs gaining interest in deploying capital to infrastructure, with some of them looking for investment strategies targeting opportunities in Asia. Asian-based LPs, for their part, are seeking options to invest in the global infrastructure markets.

“What excites us is the strong demand and supply of capital for the infrastructure asset class in the region. The ability to invest in Asian infrastructure by LPs and GPs is also growing,” he said.

Earlier this year, Campbell Lutyens opened offices in Chicago and Los Angeles. With the addition of Singapore, the placement agent operates six offices globally.