PR97404

NEW YORK, Aug. 11, 2022 /PRNewswire=KYODO JBN/ --

-- Experienced Credit Professional Alistair Ho to Expand Operations of

Waterfall's APAC Investing Business

Waterfall Asset Management, an alternative asset manager, today announced the

establishment of its Hong Kong office to enhance its capabilities in the

Asia-Pacific region. Alistair Ho, who recently joined the firm as Managing

Director and Head of Asia-Pacific ("APAC"), has more than 18 years of

experience in the region's credit markets, will lead the office.

Waterfall's Hong Kong office will focus on identifying opportunities to

leverage the firm's differentiated capabilities in structured and securitized

markets to provide private debt solutions for APAC non-bank financial

institutions, middle market corporates and real estate-related borrowers.

Waterfall Co-Founders and Managing Partners Jack Ross and Tom Capasse said, "We

are thrilled to continue our global growth by establishing a physical presence

in Asia. There is a tremendous opportunity for private debt offerings and

opportunistic financing across the region, particularly with its growing middle

market and regulatory changes. Additionally, with our deep expertise and

ability to craft flexible capital solutions we believe we have considerable

competitive advantages as we pursue that opportunity on behalf of our

investors."

Ho joins Waterfall having previously led Natixis Investment Managers

International Hong Kong Limited. Prior to that, he held senior positions in

APAC offices for Ostrum Asset Management, Mizuho Securities Asia Limited,

Credit Suisse and Citigroup, after starting his career in the Structured Credit

Products Group at Citigroup in New York. Ho earned a master's degree in

Economics and a bachelor's degree in Economics and Finance from the McGill

University, and a master's degree in Quantitative Finance from the University

of Waterloo. He currently serves on the Board of Managers for the Hong Kong

International School. Ho will report to Patrick Lo, Partner and Head of

International at Waterfall.

Lo said, "Alistair brings nearly two decades of experience leading and

investing in structured finance transactions in the APAC-region and we are

excited to welcome him to the firm. His expertise and relationships will be of

immediate value for our firm and his passion for investing and working with

colleagues and counterparties on crafting bespoke solutions to complex

financial needs make him an outstanding fit with our firm's culture and

mission."

Waterfall's Hong Kong office is the firm's fourth office globally, alongside

its headquarters in New York, and operations in London and Dublin.

About Waterfall Asset Management

Waterfall Asset Management is a New York-based investment manager focused on

structured products and private equity investments. Founded in 2005, the firm

employs a differentiated relative value approach to investing and extensive

asset-backed credit expertise to offer compelling investment solutions to its

clients. As of April 30, 2022, Waterfall manages $10.65B in AUM. Waterfall is

also the external manager to Ready Capital Corporation (NYSE: RC), a

multi-strategy real estate finance company and small business lender.

Media Contact:

Prosek Partners

Josh Clarkson

jclarkson@prosek.com

SOURCE: Waterfall Asset Management