responsAbility expands presence in Bangkok
responsAbility has officially inaugurated its new Bangkok office. Located at Silom Road in Bangkok’s financial district Bangrak, the office is to increasingly serve as a hub for the company’s investment activities across the Asia Pacific region.
responsAbility first established a local office in Bangkok in 2015, complementing its regional head office in Mumbai and local office in Hong Kong.
The Asia Pacific region has steadily gained importance within the responsAbility portfolio: While in 2008, some 10% of assets under management were invested in the region, Asia Pacific’s contribution today amounts to some 30%, with portfolio companies active across the inclusive finance, sustainable agriculture and renewable energy sectors.
Commenting on the expansion of the Bangkok presence, Maud Savary-Mornet, regional director for Asia Pacific, explained: ‘responsAbility wants to be closely connected to the markets we serve. Having regional investment teams based in Bangkok gives us better access to our portfolio companies across the region. At the same time, Bangkok is a hub to attract experienced professionals as well as new talent from the region, and we want to establish the office as another platform for our future development.’