HSBC Asset Management has formed a direct real estate team as part of its strategy to build out its alternatives business in Asia-Pacific. Based in Singapore, the team will be led by Victoria Sharpe, managing principal and head of real estate, Asia-Pacific.
Sharpe, who joined the firm on September 1, will be responsible for the strategic growth of the firm’s real estate platform across the region. She will report to Joanna Munro, chief executive officer of HSBC Alternatives.
Sharpe has nearly 40 years of investment experience in real estate, investing on behalf of institutional investors globally. She joins from DWS, where she was responsible for building and leading its Asia-Pacific real estate business since 2016.
Prior to DWS, she spent 16 years with PGIM, the last 11 years based in Singapore, as head of real estate, Asia-Pacific. Sharpe also held senior investment roles at LaSalle Investment Management and Northern Trust in Chicago and New York.
Lionel Low and James Bartlett joined the team on August 2 as managing principals. Reporting to Sharpe, the two executives have over 40 years of combined experience in the real estate sector.
Low joins from Ascendas Asia Real Estate Fund Management, the regional investment manager of CapitaLand, where he held a number of positions since 2013, most recently as executive director and prior to that as head of China funds. Bartlett joins from DWS, where he was real estate deputy chief investment officer, Asia-Pacific, and head of real estate, Australia.
In Singapore, the team will work closely with and report locally to Patrice Conxicoeur, Singapore CEO and head of Southeast Asia, HSBC AM.
In June 2021, HSBC AM brought together all its existing alternatives capabilities under a single business unit, HSBC Alternatives, with a 150-strong team and combined assets under management and advice of US$45 billion.
