Business Summary

  • PACES Capital Management Pte. Ltd. was incorporated as an exempt private company limited by shares in Singapore in March 2020
  • PACES is a holder of Capital Markets Services (CMS) licensed granted by the Monetary Authority of Singapore (MAS) to conduct Fund Management activities under the Securities and Futures Act (SFA)
  • PACES is also permitted to conduct Financial Advisory services under the Financial Advisers Act (FAA) as an Exempt Financial Adviser
  • PACES provides asset management services to accredited investors, institutions and corporates; focusing on its client base of Ultra High Net-Worth (UHNW) Individuals. Investors are from Asia and Europe
  • PACES assets under management are in excess of S$200 million as at Mar 2023

Business Activities

PACES provides a suite of services for investors including Discretionary and non-Discretionary Asset Management, Financial Advisory, Family Office Services and VCC Services

External Asset Manager

  • PACES may act as an external asset manager for clients to manage their investment portfolios via funds held at custodian banks

  • Investors will have discretion over such funds whilst providing limited power of attorney (LPOA) to PACES

Financial Advisory

  • If investors desire, they may engage PACES as their financial advisor whilst retaining execution by themselves

  • PACES may also act as a financial advisor on certain portfolios to other Portfolio Managers or Financial Advisors

VCC Service

  • PACES offers a suite of VCC services to accredited investors, corporations and institutions

  • Investors may utilize a sub-fund in PACES VCC (Cecil Street Funds VCC) or incorporate their own Umbrella and hire PACES as the regulatory fund manager

Origination Agent

  • PACES may act as an origination party to other portfolio managers

  • This is typically for asset classes or foreign jurisdictions not specialized by PACES

Discretionary Fund

  • PACES is also managing a discretionary fund invested across portfolios of Equity, Fixed Income, FX and Commodities globally

  • Such funds may be invested in a client’s sub-account (managed account) or in a stand-alone structure such as a VCC

Family Office Services

  • PACES provides business development services for setting up family offices and appropriate holding structures as well as running of such vehicles

Aman Panaech, CFA

Chief Executive Officer

Aman has been in the financial sector for over 20 years in roles in fund management, investment banking, brokerage and advisory. He has plied his trade in United States, London, Hong Kong and Singapore

Prior to PACES, Aman held a position of Director at Commerzbank in the Credit Portfolio Management department in London (2015 –2019). In this role he managed around €5bn in investment opportunity and portfolio restructuring books. This included management of legacy structured credit positions, alternative investments, residential whole loan portfolio, and private equity.

Before this, Aman spent 4½ years (2011 – 2015) as an investment banker in Lazard and Co. Limited (London) with title of Director. This was a newly created business line initiated by Aman, focusing on Financial Institution Solutions and Asset Advisory. Aman helped restructure several derivatives heavy institutions including a major bond insurer, issued risk transfer transactions for clients, and provided capital markets / asset advisory to Central Banks. Aman also advised on more than €200bn of AUM to clients.

Prior to this Aman was Head of Alternative Assets at a fintech start up Amias Berman & Co based in Hong Kong. Aman headed the desk for structured products and trading of defaulted claims.

Prior to Hong Kong, Aman was a Vice President in Bank of America in the US. In this role from 2005 to 2009 Aman managed over $7bn in assets, predominantly in public and private credit including synthetics and cash bonds. Aman inaugurated the firm’s portfolio advisory business. In addition, he managed and designed quantitative system and credit reports to support business lines.

From 2003 to 2005, Aman was an AVP in ST Asset Management (“STAM”) in Singapore managing portfolios of structured products and CLOs. Whilst in STAM, he helped ramped 4 CDOs and managed a leverage private credit fund. Prior to STAM he was a Junior Portfolio Manager at Lazard Asset Management in New York. He worked on the emerging markets fund focusing on currencies and local debt.

Mr. Aman obtained a B.Sc. from London School of Economics and Masters from Columbia University and University of Edinburgh. Specializations were in statistics and financial mathematics. Aman is a CFA charter holder and FRM certified by GARP.

John Liow

Co-Founder and Chief Relationship Manager

Having been in the financial sector for over 25 years and engaged in private banking roles, John is highly experienced in providing banking services to Ultra High Net Worth clients.

In the year prior to founding PACES, John assisted clients in establishing single family offices. Previous to that, John spent 9 years at Nomura Singapore Ltd as a Senior Relationship Manager in the Wealth Management Department. In this role, John managed a portfolio of Ultra High Net Worth clients for the bank.

Before joining Nomura, John spent 3 years at Bank Sarasin-Rabo (Asia) Ltd, Singapore as a Relationship Manager in the Private Banking division where he not only inherited a portfolio of branch and external asset manager (EAM) referred clients but also managed to independently increase his client base during his tenure there. Prior to Bank Sarasin, John was a private banking Relationship Manager at HL Bank Ltd.

John has also in the past been a Relationship Manager to private banking clients at Citibank (1999 – 2001) and Keppel Tat Lee Bank (1995 – 1999).

Between 2001 and 2004, John left the banking industry to incorporate a start-up business, The Learning Loft Pte. Ltd. The business initially started off as a language school and tuition centre. It expanded its scope into placement of students from Indonesia, China and Thailand into Singapore-based schools and learning institutions. In 2004, John left this business to return to private banking.

John holds a B.A degree from National University of Singapore majoring in Economics and Statistics. Particular concentrations in Econometrics and Actuarial Science. John is fluent in English, Mandarin Chinese, Bahasa Malay, Bahasa Indonesia, Cantonese and Hakka.

Marina Heng

Human Capital Director

Marina has been a versatile HR professional with over 10 years’ experience leading full spectrum of HR functions, business partnering, and project management for global organizations including Anglo American, BHP Billiton, and Infineum

Marina started her career as a Payroll Consultant before advancing her career into Human Resources. She has excellent stakeholder management skills focused on cultivating solid working relationships across organizational levels and cultures. Adept at assessing and anticipating HR related needs, and aligning employees’ performance and HR agenda with business objectives.

She delivers overall office support to business stakeholders with discretion and complete integrity while retaining quality standards. Focused on ensuring efficient office operations through effective management methods with demonstrated success in supporting diverse workforces of 200 employees with experience driving office management and project management, serving as liaison between senior management, customers, colleagues, and vendors for global organizations.

Excellent relationship management skills focused on cultivating solid working relationships across organizational levels and cultures. Adept at evaluating problems and devising practical solutions to ensure long term business growth.

A SEASON FOR GIVING : CHARITY DRIVE

MONTFORT SECONDARY

BEDOK GREEN SECONDARY

ST GABRIEL'S SECONDARY

Community Involvement

  • At PACES, we strongly believe in giving back to the community as we are blessed, to be a blessing to others.

  • As such, our vision is to support these community outreach programs annually, and PACES have set aside resources to do this.

  • For 2021, we organised our first Christmas food care program and distributed basic necessities to numerous families.

Working with Our Team

At PACES we believe integrity to be the key factor for successful ventures and we will always welcome like-minded organisations and passionate individuals to meet with us.

Please write to us at

PACES Capital Management Pte. Ltd.

20 Cecil Street
PLUS #09-02
Singapore 049705

Phone No. +65 6260 3005

Contact Us

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