NEW YORK--(BUSINESS WIRE)--GoldenTree Asset Management LP, an investment firm that manages alternative and traditional asset strategies for sophisticated institutional and high net-worth investors, recently announced the opening of a Singapore office and the hire of Shahriar Saadullah as Managing Director to run Business Development in Asia Pacific. He reports to Kathy Sutherland, GoldenTree’s Global Business Development head.
The Singapore office will initially focus exclusively on business development in permitted areas, although hiring investment professionals to operate from that location could be a future consideration.
“The opening of a Singapore office is an indication of our commitment to investors in the region and underscores the growing relevance of GoldenTree product offerings to investors in the Asia Pacific region,” notes Kathy Sutherland. “Shahriar has worked with GoldenTree for many years and once we decided to establish an office for Business Development in Asia Pacific, we looked no further for someone to head the effort. He has a deep understanding of the area and its investor preferences, as well as terrific experience in business development and marketing. We look forward to the many contributions we know he’ll make to the GoldenTree franchise.”
Prior to joining GoldenTree, Mr. Saadullah was Head of Asia Pacific for Citigroup’s Global Markets’ International Fund Distribution group, where he led the team responsible for institutional placement of alternative Investments such as private debt, hedge funds, real estate, illiquid fixed income, and algorithmic strategies. Prior to relocating to Singapore from London, Mr. Saadullah was instrumental in developing the broad distribution function of fund- based products within Citigroup’s European Fixed Income business. In addition, he was in the company’s Structured Product Sales & Marketing team and the Financial Institutions Group, where he was involved in the structuring and distribution of fixed income derivative products.
He holds a Bachelor of Arts from Cornell University and received his Masters in Science from the London Business School.
"It's very exciting to be a part of GoldenTree's expansion into the Asia Pacific markets. The strength and depth of GoldenTree's catalyst-driven approach and investment team will be ideal in filling the growing appetite for value-add credit investments," notes Shahriar Saadullah.
About GoldenTree Asset Management
GoldenTree is one of the largest independent asset managers specializing in corporate and structured credit, with primary offices in New York and London. GoldenTree manages approximately $20 billion in assets across a variety of absolute return, long only and opportunistic strategies. GoldenTree has more than 190 employees including over 40 investment professionals. The firm is 100% employee owned. For further information on GoldenTree, please visit http://www.goldentree.com.
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