Private equity firm TPG has tapped a Blue Owl Capital senior executive to lead its private wealth business across Asia, Asian Private Banker has learnt. Based in Singapore, Eugene Lim will serve as head of Asia private wealth at TPG, overseeing the growth and development of TPG’s private wealth business in the region. Lim joined Blue Owl Capital in late […]

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A senior executive from Blue Owl’s Asia private wealth team has departed, Asian Private Banker understands. Eugene Lim, a Singapore-based managing director, has recently departed the firm, according to people familiar with the matter. Lim joined Blue Owl Capital in late 2021 as the US firm’s first regional hire for its private wealth pivot. He was instrumental in shaping Blue […]

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Private banks hold a range of opinions on cryptocurrency, from those that think cryptocurrencies are the future, to those that dismiss them as uninvestable. Take for example, Julius Baer. In July, the Swiss pure play announced the expansion of its crypto services to Dubai. The bank will apply for a “digital assets licence variation” to supplement its existing regulatory permission […]

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Two years ago, Eugene Lim jumped from private banking to work at Web3 firm Matrixport. He explained to Asian Private Banker why his passion for product innovation drove him to follow this path. When the founders of Matrixport first shared their ambition to be “the private bank for [the] new asset class” with Lim, who was still a senior relationship […]

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Matrixport has set its sights on becoming the leading crypto platform for private bank clients in Asia-Pacific, brushing off concerns over a recent meltdown in the sector. The industry has been rocked in recent weeks by the bankruptcy of FTX, one of the biggest crypto currency exchanges. But that has not put off Matrixport. The company was established in 2019 […]

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