Australasia

McLean, currently head of Citi's global asset managers, Apac financial sponsors business, will relocate from Singapore to Sydney.

The firm, backed by Peter Thiel's Valar Ventures, has over $10bn of assets, is growing fast in Australia, Hong Kong and Singapore. Syfe's CEO told FA that management is open to exploring opportunities in Japan and South Korea in the "longer term".

Vo-Dinh will relocate to Hong Kong in July from Sydney, where she was Natixis' head of acquisition and strategic finance, Australia; there are several other regional appointments at the French bank.

The firm saw net asset values decline across the financial year, however net property income and revenues grew, with high occupancy rates amid challenging conditions.

$400m has been allocated to support Digital Halo, which has assets in the Philippines and Malaysia; the Swiss PE firm is also expanding its data centre footprint in Australia.

ASIC is asking for an independent expert to review a remediation plan for the trade reporting functions of Macquarie's futures dealing and OTC derivatives; ASIC commissioner Simone Constant said that the action "underscores" the regulator's concerns with the "recurrent" nature of Macquarie's failures.

Read on for the winners of the 29th iteration of the FinanceAsia Awards, across Australia and New Zealand.

The new regulation is targeting digital asset and payment service providers in both cryptocurrencies and stablecoins; draft legislation is expected by the end of 2025.

Sydney-based Ben Connolly will step up from his real estate role, while Philippe Perzi will join from Goldman Sachs where he was managing director and head of FIG.