SCM hires in Switzerland, Hong Kong

The investment adviser – which focuses on private equity, real estate and infrastructure – has lured two new recruits, as well as promoting Joseph Chang to head up its Hong Kong office.

SCM Strategic Capital Management, a Swiss-based adviser which focuses on private equity, real estate and infrastructure, has made new appointments in its home market and Hong Kong, as well as appointing a head of the latter office.

Oskar Heini joins the firm’s distribution team in Zurich, having had what an SCM statement describes as “a long and successful career in distributing alternative investments to Swiss institutional investors”.

Heini previously worked at Citigroup Alternative Investments in London, serving institutional investors in Switzerland, Germany, Austria and Scandinavia. In 2006, he joined the Private Fund Group at Credit Suisse, also in London, where he had responsibility for German-speaking Europe. Most recently, he was a senior sales director at Goldman Sachs Asset Management in Zurich.

In Hong Kong, Joseph Chang has been promoted to head of the local office. He joined SCM in 2009 as a member of the Private Market Investments team to focus on Asian investment opportunities. He has extensive experience in direct and fund investments with the likes of UBS Investment Bank, Citigroup Global Markets, Sumitomo Corporation and EQT Partners Asia.

Chang replaces Alexander Blank, who had headed the Hong Kong office for two years. A statement said he had “decided to leave SCM and pursue other opportunities in Hong Kong”.

Meanwhile, SCM has appointed Liya Wang from the Beijing office of venture capital firm Oak Investment Partners as a private markets investment associate. Wang, who had been an investment manager and director of finance of an Oak portfolio company, takes up her new role next month.

Founded in 1996, SCM offers advisory solutions and commingled investment pools as well as investment controlling and reporting services. It has advised on private market commitments worth approximately $8 billion.