Fullerton Fund Management Company has appointed Tan Huck Khim as its head of private equity (PE) and Mark Yuen as its chief business development officer.

In the new role, Khim will oversee the firm’s PE portfolios as well as develop investment solutions for clients.

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He took on the new responsibility on 1 December 2018 and reports to Fullerton CIO Patrick Yeo.

Khim previously had stints at Credit Suisse, Schroder Ventures Group, Hermes Private Equity, and Government of Singapore Investment Corporation Special Investments.

In addition, Kenneth Chia will assume the role of vice president of PE on 7 January 2019.

Yuen will assume the new role on 8 January 2019 and will report to Fullerton CEO Jenny Sofian.

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Yuen began his career at Singapore’s central bank. He also worked at Eastspring Investments, Robeco Hong Kong, and Credit Agricole Asset Management.

At Fullerton, he will be tasked with formulating business development plans and spearhead initiatives to broaden target markets and client segments.

Commenting on the new appointments, Sofian said: “As Chief Business Development Officer, Mark will fortify our business strategies, as well as grow our geographical coverage and broaden our client base.

“Huck Khim’s appointment as Head of Private Equity represents new leadership in PE, which strengthens our private market capabilities to serve a wider group of client segments.”