BlackRock Hires Jefferies Banker to Lead Southeast Asia Private Credit

(Bloomberg) — BlackRock Inc. has named Yik Ley Chan to lead the firm’s private credit efforts in Southeast Asia, the latest high-level personnel move in the opaque and rapidly growing debt market.

Based in Singapore, Chan will be responsible for the origination and execution of private credit investments in the region, according to a company announcement. He was part of Credit Suisse AG’s APAC financing group until late last year, when he left to run Asia private credit at Jefferies Financial Group Inc.