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CoVenture adds MD to team

CoVenture Management (CoVenture), an alternative asset management firm focused on direct credit opportunities and credit-oriented investments in early and late-stage companies, has appointed Lei Tie as a Managing Director.

Lei, who has over 17 years of experience in securitised credit, previously co-founded a fund management firm in Singapore and led a structured credit team with a primary focus on APAC.

Prior to that, he was the Head of ABS at LibreMax Capital in New York, and has also spent time in various securitised credit roles at Barclays Capital, Lehman Brothers and JPMorgan, focused on principal finance, origination and structuring.

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