Singapore office to strengthen QIC's partnerships across Asia

Queensland Investment Corporation (QIC) has expanded its international presence with a new Singapore office established to support a greater focus on Asian-based institutional investors.

Located in the Marina Bay Financial Centre, the space will serve as a hub to strengthen local partnerships and explore new capital opportunities in the region.  

QIC CEO Kylie Rampa said the opening heralded a new chapter in QIC's globalisation and client diversification story.

"QIC's international presence to date has been centred around the OECD markets in which we invest and manage assets, with offices already in North America, the United Kingdom and Europe," Ms Rampa said.

"Establishing a presence in Singapore is a logical next step in QIC's evolution, affording us the opportunity to demonstrate our commitment to like-minded capital partners across the Asian and Middle East regions.

"These capital partners are sophisticated and active in the Australian private market, where our capabilities in Infrastructure, Private Debt, Real Estate and Natural Capital resonate strongly.

"QIC is well-positioned to facilitate opportunities for investment, particularly those that contribute to the energy transition and nature-based solutions.

"The combination of QIC's track record and government-owned heritage makes us well-placed as a trusted and responsible investment partner."  

QIC Executive Director of Client Solutions and Capital Ravi Sriskandarajah said a local distribution team will deepen existing relationships with clients in region.

"This team brings a wealth of local knowledge, experience and language skills, allowing us to work more productively to meet our clients' objectives while exploring new capital opportunities," he said.

"Ryan Choi and Ayako Mitsui are well respected in Korea and Japan respectively, and their critical insights and strong relationships will be an asset to our organisation.

"They will work alongside QIC's longstanding Head of Greater China Vicky Wei, who will continue to lead various relationships when she relocates to Singapore in the new year."

Choi and Mitsui are also joined in Singapore by Shiree Hocking, a 13-year QIC veteran, who brings a strategic focus on relationships and new business opportunities in the Middle East and Southeast Asia.