Our investment strategy is focused on foreign exchange, equities, fixed income, private equity and real estate where it creates strategies that can provide opportunistic returns in terms of asset selection and capital applications.
Short-to mid-term alternative capital to corporate unable (or unwilling) to tap bank or capital markets & Undervalued or mispriced public securities or private instruments
Our typical instrument consist of
Securing any risky investment is one of the core of our strategy. our collateral/downside protection can be in the form of
We are typically looking for private placement, trade sales and/or strategic placement, IPO, refinancing, and internal cash flow
Carey is the Vice President, Portfolio Management of Ascend Capital Advisors (S) Pte Ltd, a Singapore-based fund management company registered with the Monetary Authority of Singapore (“MAS”).
Prior to this, Carey was an investment analyst with OCBC Investment Research, a top-rated research house in Singapore. Carey has over 20 years of experience in the financial industry, ranging from trading in the money markets to managing a fixed income portfolio of US$1 billion to equity research.
Carey is one of the most decorated equity analysts in Singapore, with seven ThomsonReuters Starmine awards under his belt, given in recognition for his ability to accurately forecast company earnings and picking stocks with the highest returns in the resources and infrastructure sectors. According to Bloomberg, Carey was also consistently ranked among the top three analysts on BARR (Bloomberg Absolute Return Rank) for his recommendations on the stocks that he covered.
Carey holds a Bachelor of Business Administration with a major in Finance from the National University of Singapore, one of the top universities in Asia.
Steven is an investment professional with more than 8 years experience in corporate finance, valuation and business modelling, and transaction related advisory.
Prior to joining ACG, Steven was a Manager at Ernst & Young Indonesia (“EYI”) in Transaction Advisory Services under V&BM (Valuation and BusinessModelling) Team. He was involved in many business valuation, feasibility study, financial modelling build and review, and valuation for financial reporting purposes across many industries.
During his tenure in EYI, In 2010, he was part of the team which involved in assisting State-owned electricity company (PLN) to analyze the on-hold independent power producer (“IPP”) and to support in the re-negotiation electricity tariff. This project is related to a Fast-tracked power plant program 10,000 MW which launched by the Government of Indonesia back in 2006.
In 2010 to mid 2014, He was also part of the team to serve a State-owned Oil & Gas company (PERTAMINA) which relates to many proposed merger and acquisition of oil & gas assets and/or company located in Indonesia and abroad (Vietnam, Venezuela, etc).
He was also worked for many share valuation, joint venture analysis, financial model build and review, and valuation for financial reporting purposes related to several CPO company, property, power plant, cement industries, coal transportation (railway transportation), coal mining, telecommunication sector to serve private equity, State-owned company and many notable Indonesian conglomerates group.
Steven holds a Bachelor of Business (Banking & Finance) from Monash University, Australia. Steven is also certified as a business valuer from MAPPI (Masyarakat Profesi Penilai Indonesia or Indonesian Society of Appraisers).
Regina is the Chief Financial Officer (“CFO”) of Ascend Capital Advisors (S) Pte Ltd. She is responsible for all support functions including accounting, finance, compliance and operations.
Prior to this, she was the Head of Finance and Accounting at PT RHB OSK Securities since 2004 and was responsible for all financial and treasury matters of PT RHB OSK Securities as well as providing back office support including regulatory reporting, preparing inputs for regulatory tax returns and internal submissions covering regulatory capital levels. Regina holds a Bachelors Degree in Economics and Accounting from Trisakti University, one of the top Universities in Jakarta Indonesia.
Muljadi is a Director of Ascend Capital Advisors (S) Pte Ltd. He has been working in the financial industry for more than 20 years, specifically in corporate and private banking, where he was involved in the development and implementation of tailored investment solutions, estate planning, and asset allocation.
Previously, he was the Vice President at Morgan Stanley Private Wealth Management (2004 – 2016), and prior to that, he was a Vice President with Merrill Lynch International Private Client Group (2001 to 2004) as an Investment Adviser for high net worth families, corporations and institutions in Indonesia and Singapore. From 1999 to 2001, he was a Vice President with Citigroup Private Banking as Relationship Manager for high net worth families and corporations in Indonesia. He was also the Head of Marketing for Corporate Banking (1994 to 1999) in PT Bank Central Asia and before his banking career, he was an Engineer with a Taiwanese firm, Mingtai Marine & Fire Insurance Co (Taiwan) from 1992 to 1993.
Muljadi holds a Master’s degree in Mechanical Engineering from Purdue University in West Lafayette, Indiana, U.S. and a Bachelor’s Degree in Mechanical Engineering (Cum Laude) from Case Western University in Cleveland, Ohio, U.S.A., Muljadi is also a member of Tau Beta Pi Honor Engineering Society in U.S.A since 1990.
Haikal is an Executive Director and Chief Operating Officer (“COO”) of Ascend Capital Advisors (S) Pte Ltd, a Singapore-based fund management company registered with the Monetary Authority of Singapore (“MAS”). He is an experienced financial market professional with more than 15 years of sales and trading experience in the international fixed income, public and private equities, and private equity real estate markets and has worked closely with global investment teams from Hong Kong, London and Latin America. Haikal started his financial career in the fixed income department of Singapore-based Harlow Ueda Sassoon during the 1997 Asian Financial Crisis. In 2000, he was headhunted by the London-based award-winning boutique investment bank Exotix Partners LLP, through which he developed the Asian fixed income emerging markets desk out of Jakarta, Indonesia. From 2000 to 2004, Haikal executed notable investment banking deals across various market sectors primarily in Asian high yield and distressed debts with face value amount circa USD1.5 billion. From 2004 to 2005, Haikal managed a proprietary trading desk of a USD50 million private hedge fund that held two investment portfolios; a private equity portfolio and an opportunistic portfolio consisting of both debt and equity. Realising a slowdown in distressed market in late 2005 post-closure of IBRA, Haikal decided to pursue a post-graduate Master’s degree in Finance in one of the top universities in the United Kingdom, which was followed shortly after with an MBA at one of the best business-focused universities in Asia. Post-graduation, Haikal worked from 2010 to 2012 as a Vice President of AEP Investment Management
(“AEP”), a Singapore-based private equity real estate firm. At AEP, Haikal was part of the core team managing a data centre property fund representing approximately USD250 million of assets under management (“AUM”) that was recently listed as Keppel DC Reit at approximately S$1 billion in December 2014 on the Singapore Exchange. Additionally, Haikal was also involved in business development, relationship building and liaison works with AEP’s
investment partners and investors
Haikal holds a Bachelor of Business from RMIT University, Australia, a Master of Finance and Investment from Durham University, United Kingdom and a Master of Business Administration (“MBA”) from the Singapore Management University, Singapore. He also has a Graduate Certificate in Private Equity awarded by the Singapore Management University.
Yonggi is a Director (Investments) of Ascend Capital Advisors (S) Pte Ltd. He has served as Director (2003-2005) and President Director (2005-2008) of Nusadana Capital Indonesia and Commissioner (2008-2012) of OSK Nusadana Securities Indonesia. He is currently the President Commissioner of PT Trans Power Marine Tbk and Commissioner of PT Sigma Mutiara. Prior to this, he was the Vice President of Salomon Smith Barney (2000-03)
and the President Director of another brokerage firm, Harumdana Securities (1993-2000). He graduated from California State University with BSc in Finance.
Halim is a respected, highly regarded career banker with a wealth of experience in fixed income investment, structured financing, equity investment (public and private) and foreign exchange trading that spans over 20 years in the financial industry.
He was formerly the Commissioner (2005-2008) and CEO (2008-2013) of PT RHB OSK Securities Indonesia, where he was responsible for overall management of the company and its asset management, debt and equity markets and corporate finance subsidiaries. He was also involved in providing investment direction to the CIO and portfolio teams, during his time at OSK Nusadana Asset Management. Prior to his appointments at PT RHB OSK Securities Indonesia, he was the Managing Director at Bank of International Indonesia (2000-2003), the Head of Treasury (1998-2000) and Head of Derivatives Marketing (1996-1998) at The Standard Chartered Bank Indonesia. In the early seven years of his career since graduation from university, he was a Money Market Dealer and FX trader with Citibank, Rabobank, and American Express Bank.
Halim graduated from University of Houston with BA in Finance and Accounting.