Clifford Capital Group has appointed Sophea Seng as managing director and head of energy & utilities, and has also established an asset management arm, according to two separate announcements from the Singapore infrastructure credit firm.
Singapore-based Seng will report to Audra Low, who heads client coverage for the Singaporean group. Seng joins the group from Société Générale, where she ran the South & South-East Asia energy financing practice.
She has over 17 years of experience in the industry and began her career at Deloitte in Sydney and has worked across Australia, Hong Kong and Singapore.
“Sophea brings wide-ranging experience in a high growth and rapidly transitioning energy sector to Clifford Capital, and we are delighted to have her on board,” said Low in a media statement.
In a separate announcement, Clifford Capital has also expanded into asset management and appointed of Vidyasagar (Vid) Pulavarti as chief investment officer of Clifford Capital Asset Management (CCAM).
CCAM will be a third line of business for Clifford Capital, adding to its origination and structuring, and distribution business.
Pulvarti joined on January 6 and brings over 20 years of global credit and investment management experience. He most recently served as managing director of Asia Pacific (Apac) Credit at Apollo Global Management, where he established the firm’s pan-Apac private credit business. His career includes senior positions at firms inlcyding Commonwealth Bank of Australia, Citibank and JP Morgan.
“The establishment of CCAM represents a significant milestone in our evolution as an infrastructure credit platform,” said Sanjiv Misra, chairman of CCAM and Clifford Capital, in a statement.
Murli Maiya, Clifford Capital’s group chief executive, added: “Vid’s appointment, combined with our integrated approach across corporate origination, underwriting, distribution and institutional services, positions us well to scale our business, positively impact our clients and help develop institutional markets in the sustainable infrastructure space.”
Clifford Capital is also in discussions with the Monetary Authority of Singapore (MAS) to manage the Energy Transition Acceleration Finance (ETAF) partnership as recently announced at COP29.
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