Head of CLSA Real Estate & Investment Committee Member for Fudo Capital
John Pattar joined CLSA Capital Partners in 2004 as Managing Director for the day to day operation of Fudo Capital, property funds specifically targeting direct investment in real estate in Asia-Pacific. He has worked in Asian real estate markets for 26 years; including South East Asia from 1992-1997, and from 1998 in Hong Kong covering principally North Asia. John’s experience in property covers property investment, development, capital transactions and asset management in Japan, Hong Kong, Singapore, South Korea, Taiwan, Australia and Thailand. On behalf of funds and principals of CLSA Capital Partners, John has sourced and completed property deals in Asia of approximately US$4.4 billion. He has a bachelor of Laws degree from London University (LLB) and is a Fellow of the Royal Institution of Chartered Surveyors (F.R.I.C.S.).
Member of the Investment Committees
Richard Pyvis was previously CEO of CLSA following a three decade career in commercial, investment banking and investment management across Asia, Australia and North America. In 2000 Mr. Pyvis became Managing Director of CLSA's direct investments businesses. Mr. Pyvis is a member of CLSA Capital Partners Funds’ Investment Committees, in aggregate approximately US$5 billion in assets under management, with a particular focus on strategy, detailed investment appraisal and exit management. Mr. Pyvis read Economics (Japanese Studies) at the University of Western Australia, has studied as a fellowship scholar at IMI Switzerland and INSEAD France, and is a member of company boards across Australasia.
Chief Financial Officer & Investment Committee Member for Fudo Capital
Yeu-Liong Chong joined CLSA Capital Partners in November 2007 as the Chief Financial Officer, responsible for all the financial, debt funding and any treasury matters in connection with Fudo Capital and its underlying investments. Prior to CLSA Capital Partners, Mr. Chong was a Senior Vice President - Group Treasury, in The Ascott Group Limited, a member of CapitaLand, for more than 10 years. The Ascott Group Limited is a Pan Asian-European hospitality real estate group with operations that span 47 cities in 18 countries. As Treasurer for The Ascott Group Limited, Mr. Chong also managed the treasury functions, including all aspects of the liquidity and funding requirements as well as rate risk management, for the listed Ascott Residence Trust (REIT) and Ascott Serviced Residence China Fund (Incubator Fund). His experience includes debt funding for various forms of real estate transactions, acquisition financing, cross border structured transactions and debt capital market transactions. Prior to The Ascott Group, he had experience in sales and trading positions in currency and interest rate markets in Citibank and UBS. Mr. Chong holds a Bachelor of Accountancy Degree from the National University of Singapore.
Regional Head of Asset Management & Investment Committee Member for Fudo Capital
Paul Gately joined CLSA Capital Partners in April 2010 in the capacity of Senior Director - Regional Asset Management. Mr Gately has 30 years' experience across the sphere of property asset management, and leverages that to work closely with the acquisition and underwriting teams across the region. He has spent the last 14 years in Asia after joining AIG Global Real Estate (AIG) in Hong Kong in 2003. At AIG, Mr. Gately successfully developed, leased and managed a diverse range of assets, including the Shanghai Centre mixed-use complex in Shanghai, AIG Tower in Hong Kong, and a luxury residential development in Wanchai, HK. Mr. Gately has been involved in the acquisition, asset management, development, leasing and divestment of investment properties in Hong Kong, Singapore, China, Taiwan, Philippines and Australia. Prior to joining CLSA Capital Partners, Mr. Gately was the CEO of South Beach Consortium, a tri-partite JV developing a 3.5 hectare site in Singapore with office, hotel, residential and retail components valued in excess of US$2 billion. Previous experience includes asset and development management at BT Funds Management in Australia within REIT and unlisted structures, culminating in the development and pre-leasing of the A$700 million Deutsche Bank Place in Sydney CBD for the BT Office Trust. Mr. Gately holds a Bachelor of Business Degree (Land Economy) from the University of Western Sydney.
Investment & Management Team
Managing Director of Portfolio Management
Angel Li joined CLSA Capital Partners in January 2006, and is primarily responsible for portfolio management, deal sourcing, evaluation and execution of real estate investment opportunities across the Asia-Pacific region. Ms. Li has 15 years of experience in the capital transactions market in the areas of asset and corporate acquisition, project finance, due diligence, execution and asset management. While at CLSA Capital Partners, Ms. Li has been involved in the underwriting, execution and asset management of over US$3.2 billion of real estate investments in Singapore, Indonesia, Japan, Hong Kong, China and Australia. Prior to joining CLSA Capital Partners, Ms. Li was with the Global Principal Investments Group of Merrill Lynch, where she had extensive experience in managing principal investments and transacted over US$400 million of real estate investments in office, residential and industrial projects throughout China, Hong Kong and Taiwan. In addition, she has a wealth of experience in asset restructuring of distressed debt securities and non-performing loans in Korea, Taiwan, the Philippines, Thailand and China. Ms. Li holds a Bachelor degree in Business from Hong Kong University of Science and Technology.
Head of Japan
Ryuta Ueda joined CLSA Capital Partners in March 2010 as Director of Asset Management – Japan, and is responsible for overseeing the asset management strategy for existing and newly acquired assets. Mr. Ueda has 24 years of asset management experience and has successfully executed value-add strategies and disposals of numerous properties across office, residential and retail assets. Prior to joining CLSA Capital Partners, Mr. Ueda was a Partner at Smartcorp L.L.P., an independent real estate advisory firm, and advised investment funds and financial services firms on real estate transactions, including asset management strategies. Prior to that, Mr. Ueda was a Senior Asset Manager at Kenedix, Inc. (“KDX”), a major real estate asset management company in Japan, and managed multiple properties in partnership with global real estate investment funds. He was also a team leader for the Strategic Investment Department at KDX, and spearheaded the acquisition of operational properties valued at more than US$300 million. Mr. Ueda started his career at Dai-Ichi Building, a subsidiary of Dai-Ichi Life Insurance, and was involved in asset and property management across Japan. Mr. Ueda holds a Bachelor degree in Architecture from Kinki University, Japan, and is a Senior Chartered Architect and a Certified Facility Manager of Japan.
Managing Director - Head of China and Taiwan
Byron Zhao joined CLSA Capital Partners in April 2006, and is responsible for deal sourcing, acquisition and underwriting of real estate investments in China and Taiwan. Mr. Zhao has 19 years of experience in real estate advising and acquisition in China. Prior to joining CLSA Capital Partners, Mr. Zhao led ERGO Trust Asia's direct investment and fund management business in China. Mr. Zhao also supported the real estate asset management business on a regional basis and was involved in capital raising for Ergo's investment fund. Prior to joining ERGO, Mr. Zhao was the Head of Investment and Consultancy in the Shanghai office of DTZ Debenhams Tie Leung, responsible for advisory work for investors and owners of both residential and commercial real estate. Mr. Zhao also worked in Canada for TD Waterhouse Investors Services. Mr. Zhao holds an MBA with a focus in Corporate Finance/ Real Estate from York University in Toronto, Ontario as well as a Bachelor degree in English from Shanghai University. He speaks fluent English, Mandarin, and Shanghainese.