— Siepe appoints Phong Lam as Managing Director, Operations, to oversee expansion into Europe and manage off-shore operations —
DALLAS, TX and LONDON; March 12, 2024: Siepe LLC, a trusted provider of software and technology-enabled services for private credit and CLO managers, has opened new offices in London, Dublin and Malaysia. By expanding its international footprint, Siepe aims to further its global mission of enhancing the efficiency, data integrity, compliance support and scalability of CLO and private credit managers.
The new offices in Europe reinforce the Company’s presence in and engagement with the European Collateralized Loan (CLO) market, supporting US clients looking to expand into the region and offering fund managers in Europe access to its full front-to-back solution suite. The new office in Malaysia will also provide crucial overnight operations, ensuring seamless workflows for customers after the close of each trading day in the US.
Phong Lam has been appointed as Managing Director, Operations, to oversee Siepe’s international operations and management of its offshore operations. Lam brings over 20 years’ experience across the financial and capital markets landscape to the role, and was previously Global Head of CLO Product Strategy at Deutsche Bank.
“With our new offices in Europe and Malaysia, we are able to offer our clients an even more streamlined service, designed to optimize their operations and help them uncover new opportunities to drive alpha in the Private Credit and CLO space,” said Michael Pusateri, CEO and Founder of Siepe. “I’m also thrilled to welcome Phong to the Siepe team, whose experience and expertise will be instrumental in establishing the necessary infrastructure that maintains and enhances the excellence of our service.”
“I’m delighted to be joining Siepe at this phase of its growth journey, and work alongside a team that is committed to driving technology progress in the industry,” Phong Lam said. “By expanding Siepe’s presence in these markets, we aim to provide a global model that allows for a seamless transition for our clients from the US to Europe, without causing disruption to their operations.”
The expansion of its international footprint comes shortly after Siepe raised $30 million in August 2024 for its Series B funding round led by WestCap, a strategic operating and investing firm with $6 billion in assets under management (AUM), to transform data management in private credit and CLO markets.
For more information about the company and its offerings, visit: siepe.com
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About Siepe
Siepe is a leading provider of cutting-edge technology and service solutions tailored to high-yield, private credit and alternative investment managers. Through its cloud-based platform, Siepe offers flexible front, middle and back-office solutions to streamline workflows, scale processes, and transform data into an asset to gain perspective. Siepe’s seasoned specialists provide extensive industry knowledge and support every step of the way. Siepe has a proven track record of supporting top-tier CLO managers, BDCs, private credit funds, structured product investors, and more. The platform leverages technology to reduce risk, gain scalability, and provide a seamless experience for portfolio managers, traders, analysts, and operations to access their data in a centralized format. For more information, visit siepe.com.
Media contact:
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siepe@paragonpr.com
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