Tahan Capital – Asset Management Firm

Welcome to

Tahan Capital Management, established in 2009, is a leading Asia credit focused alternative asset manager. It is founded by its five principals with combined experience of more than 100 years.

Our goal is to achieve consistent long term superior returns sustained by capital appreciation and income, with a focus on capital preservation throughout economic and credit cycles.

Who we Are

Our Name

Our name “Tahan” is a congruence of meanings from various Asian references.

The direct translation from the Chinese characters appearing on our logo references one of the most prosperous periods in Chinese history – the era of the “Han” Dynasty.

“Tahan” in Bahasa Malay means to “persevere”. Mount Tahan (“Gunung Tahan” in Bahasa Malay) is the highest point in Peninsular Malaysia, its ascent an arduous but rewarding climb.

The pan Asian perspective is enshrined in the name, and it highlights the need for cross cultural appreciation and understanding of local dynamics. It is our belief that to achieve long term sustained success over multiple economic cycles requires perseverance and discipline.

This is the foundation of our approach towards delivering the best investment outcomes to our investors.

we consist of

Our Team

Tahan Capital Management is wholly owned by five principals who have been with the firm since inception.

Yong Ngee is the CEO of Tahan Capital Management

Ng, Yong Ngee

Founding PrincipalCEO

Tse Ern is the CIO of Tahan Capital Management.

Chia, Tse Ern

Founding Principal Chief Investment Officer

Bryan is the Credit Portfolio Manager covering South East Asia and Private Credit

Bryan Choo

Founding PrincipalChief Investment Officer (Private Markets)

REad More

Charles is the Credit Portfolio Manager covering Global Emerging Market and Hybrid Capital

Charles Ooi
Founding PrincipalChief Investment Officer(Fixed Income)
REad More

Sing Cher is the COO and General Counsel of Tahan Capital Management

Lim, Sing-Cher
Founding Principal / COO General Counsel
REad More

Yong Ngee graduated from Nanyang Technological University, Singapore, with an Honours in Bachelor of Business and Macquarie University with Master of Applied Finance.

He was at UBS AG for 16 years where he was the Head of EM Asia fixed income business prior to his departure. As a member of the APAC and Global EM FICC (Fixed Income, Currencies and Commodities) Executive Committee, he was responsible for capital commitment, risk management and all operational and control matters of these regions. He also managed a large team of proprietary traders, and prior to that, was himself a credit trader who managed a portfolio of distressed/defaulted debt securities.

With more than 26 years of trading and management experience, Yong Ngee is the founding member and the CEO of Tahan Capital Management. In this role, he oversees, and is ultimately responsible for the entire business that includes investment, risk, performance, operational platform and business growth. He is also the risk manager responsible for (i) capital allocation and strategy weighting (between risk vs. cash); (ii) risk policy and framework (i.e. liquidity, concentration, stop-outs, de-risk triggers); and (iii) portfolio hedging.

Ng, Yong Ngee
Founding PrincipalCEO

Tse Ern graduated from Nanyang Technological University, Singapore, with a First Class Honours in Accountancy.

Tse Ern started his career in finance at UBS in 1996, where he was eventually responsible for convertible bond research in Asia. He moved to Merrill Lynch and ran Convertible Bond Research for non-Japan Asia. After Merrill Lynch, he rejoined UBS as an Executive Director for Credit Research.

While at UBS, he was an integral member of a top 2 ranked research team in Asia and individually recognized as one of the top ten credit analysts in the 2003 Asset Poll by the Asset and Finance Asia. In 2004, he joined GLG Partners as an Asset Manager responsible for managing Asian credit and equity portfolios. He subsequently joined Jabre Capital in 2007 where he was head of Jabre Capital Singapore and the portfolio manager responsible for Asian credit strategy with flexibility to invest across the capital structure.

With more than 23 years of research and investment experience, Tse Ern is the CIO of Tahan Capital Management. He is also the Portfolio Manager covering North Asian credits with additional responsibility for convertibles and other equity-linked products.

Chia, Tse Ern
Founding Principal Chief Investment Officer

Bryan graduated from Curtin University of Technology, Western Australia, with a Distinction in Bachelor of Commerce.

Bryan started his career at UBS Warburg Dillion Read in Credit Risk Management. He then joined Schroder Investment Management and was the Head of Asian credit investments responsible for overall credit investments, portfolio construction and formulating investment strategy. In this role, he was also the co-manager of the largest Asia-dedicated absolute return bond fund in the region.

Prior to joining Tahan, he was at UBS in the Alternative Investment Strategy for UBS Proprietary in Asia Pacific, heading the Private Financing efforts at UBS Principal Finance.

Armed with 22 years of credit portfolio management experience in high yield credit, private financing and special situations investments, Bryan is the Credit Portfolio Manager covering South East Asia with additional responsibility for private debts and loans in APAC.

Bryan Choo
Founding PrincipalChief Investment Officer (Private Markets)

Charles graduated from University of Toronto, Canada, with a Bachelor of Commerce, Accounting and Finance with high distinction and was on the Dean’s list. He is also a Chartered Accountant and a Chartered Financial Analyst (CFA).

Charles started his career as a senior staff accountant with Ernst & Young. He then moved to HSBC Hong Kong working as Senior Credit Research Analyst.

Prior to Tahan Capital Management, Charles was in UBS holding various roles from Credit Research to Trading and Investment. He was last a Managing Director at UBS and Head of Asian Strategic Investment Group that focused on High Yield & Distressed Credits, China non-performing loans and Private Finance. Charles has been listed consecutively from 2011-2013 by the industry publication ‘The Asset’, ranking 1st in 2011 and 2013, and 2nd in 2012 in the category of “Most Astute Investors” in Asian G3 denominated bonds in Singapore.

Consistently ranked highly and well recognised by investors as Asia’s leading high yield and distressed credit analyst in multiple research surveys. He brings more than 25 years of experience and is currently the Credit Portfolio Manager covering Global Emerging Market and Hybrid Capital.

Charles Ooi
Founding PrincipalChief Investment Officer(Fixed Income)

Sing-Cher graduated from Queen Mary, University of London, with a Second Class Upper Honours in Bachelor of Law and was awarded Draper’s Prize for academic excellence. He was admitted to the Singapore Bar (1999) and to the Roll of Solicitors of England & Wales as a solicitor.

After graduation, he practiced as an Advocate & Solicitor and as senior associate in the Financial Services Department of Allen & Gledhill LLP. He then joined Deutsche Bank AG as legal counsel in its Global Markets Division covering derivatives and private financing. In 2007, he was hired as a structurer for UBS AG in its Asia Strategic Trading & Investment team, focusing on structured credit products and private financing. Before Tahan Capital Management, he was managing and restructuring credit portfolios from the 2008 financial crisis.

With more than 20 years of experience in legal and structuring, Sing Cher is the COO and General Counsel of Tahan Capital Management, with responsibility over legal and compliance, operations, business development and finance, as well as providing legal and structuring support for credit transactions.

Lim, Sing-Cher
Founding Principal / COO General Counsel

Our Funds

Tahan Capital Management is a specialist in the credit asset class. We are focused in offering differentiated fund products in the credit asset class and strives to consistently deliver higher-than-market returns with low volatility. The aim is to provide investors capital preservation; growth through consistent returns and compounding; and continuous participation in Asia and emerging markets growth through different economic cycles by assessment of macro developments. We invest in both the public and private credit market in the Asia Pacific region.
LEARN MORE

Strategy Focus
Read More

Public Credit Strategy

At Tahan Capital Management, our investment strategy is built on a foundation of rigorous bottom-up security selection combined with insightful macroeconomic analysis. We employ a dynamic approach to managing risk returns, guided by fundamental views and complemented by macro perspectives.

We focus on identifying opportunities in four key areas:

Mis-pricing: We seek out assets that are undervalued relative to their intrinsic worth, providing attractive entry points for investment.

Dislocation: We capitalize on market dislocations where asset prices deviate significantly from their fair value due to temporary market conditions.

Re-rating: We invest in assets that are poised for a positive re-rating, where market perceptions are expected to align with our assessment of their true value.

Special Situations: We identify and exploit unique investment opportunities arising from corporate events, restructuring, or other catalysts that create value.

Consistent Carry: We will look for investments that provide attractive and consistent carry while managing risk profile commensurate with such returns.

This strategic framework allows us to navigate diverse market environments, be opportunistic and generate consistent, risk-adjusted returns for our investors.

Private Credit Strategy

Tahan’s Private Credit Strategy is focused on rigorous bottom-up due dilligence, detailed structuring and intense investment review process to filter and select investments for an optimal risk-reward equilibrium.

The opportunities are identified in four key areas:

OpCo Financing: Participates in senior or mezzanine level of the operating company financing typically to fund capex or working capital.

Holding Company Financing: Common situations include: (i) business owners looking to increase stake in the businesses, (ii) business owners looking to leverage their mature and stable businesses to acquire or finance another new / existing growing business.

Collateral-Backed Financing: Lending against specific pools of physical assets, receivables or shares, etc, underwriting against collateral coverage and enforcement structures.

Capital Solutions/Opportunistic: Complex financing arrangements or special situation that can be oriented towards capital preservation or return maximization, or a mix of both.

This is an attractive asset class that is secured lending with mid teens targeted net return vs the 6-8% comparative public instruments; prudent structuring with low LTV (20-60%); pure alpha and no correlation to other asset classes and high cash income.

The funds Primarily focused on Asia Pacific (including Japan) and global hybrid capital in the public and private credit markets.

Sector and country agnostic as we look to seek out best opportunities set with misunderstood and/or mispriced credit profiles and asymmetric risk-reward profiles underpinned by conservative underwriting.

Our Advantage

Tahan’s Edge

Differentiated
Products

The investments are differentiated from benchmark / index references and cannot be replicated by Exchange Traded Funds (ETFs).

Strong Team with
Deep Experience

The team has deep and broad experience in Asia, collectively close to 100 years of finance and investment experience accumulated across multiple economic cycles in top tier hedge fund managers, money management firms and investment banks.

Diversified
Portfolio

Tahan’s credit focused strategies trade and invest in securities across capital structures. Hedges may be deployed using derivatives.

Robust Portfolio
Construction

The manager employs rigorous bottom-up security selection with dynamic top down macro overview for its portfolio construction, utilizing financial and qualitative analysis as well as monitoring for potential catalysts

Regulated and Rated
with Institutional
Investor Base

The manager is regulated by Monetary Authority of Singapore as a Capital Markets Services License Holder and is registered with the U.S. Securities and Exchange Commission as an Exempted Reporting Advisor.

Our COMMITMENT

Community

Youth Development Program:
Tahan Capital Management is dedicated to nurturing the next generation of financial talent. Since June 2021, we have been running a development program for youth, engaging with students from junior colleges. This program offers them a glimpse into life as analysts and an understanding of the finance sector. We conduct these programs at least twice a year with the following objectives :

Creating awareness and interest in the Finance Industry

Introduction to the Asset Management Industry

Sharing tools and knowhow used in research and investment analysis

Mentoring and sharing insight on future career choice

Read More

Tahan Foundation
The five founders of Tahan Capital Management have established the Tahan Foundation to give back to the community and create a lasting impact. The foundation is dedicated to improving lives and fostering positive change through various philanthropic initiatives. Its mission is to support and uplift individuals and communities by addressing key areas of need. Through strategic partnerships and targeted programs, the Tahan Foundation aims to provide resources, opportunities, and support to those who need it most. It focuses on areas where it can make a significant difference, such as education, healthcare, and community development.

By investing in the potential of individuals and communities, Tahan Foundation is committed to building a better future for all. It believes in the power of collective effort and is dedicated to driving meaningful change that will benefit generations to come.

Tahan In the News

March 2024

Tahan became a signatory to the UNPRI

By becoming a signatory to the UNPRI, we are further demonstrating our dedication to responsible investment principles and sustainable financial practices. This move reflects our ongoing efforts to enhance transparency, accountability, and sustainability across all aspects of our operations.

As a member of UNPRI, we look forward to collaborating with like-minded investors and industry leaders to drive positive change and contribute to a more sustainable future.

Read More

June 2023

Tahan’s CEO, Ng Yong Ngee spoke at Invest ASEAN 2023 Conference

Read More

March 2023

It was reported in the Singapore main business news media, the Business Times, that “Yangzijiang Financial has previously entered into various agreements with Tahan Capital Management to “invest and develop Singapore as an asset management hub for private credit in Asia”.

Read More

March 2024

We are excited to announce that Tahan Capital Management has joined more than 5,000 other organisations around the world that have publicly demonstrated their commitment to responsible investment and is now listed as a signatory on the PRI website. This initiative aligns perfectly with our commitment to integrating environmental, social, and governance (ESG) factors into our investment portfolio.

By becoming a signatory to the UNPRI, we are further demonstrating our dedication to responsible investment principles and sustainable financial practices. This move reflects our ongoing efforts to enhance transparency, accountability, and sustainability across all aspects of our operations.

As a member of UNPRI, we look forward to collaborating with like-minded investors and industry leaders to drive positive change and contribute to a more sustainable future.

June 2023

"Winning with Alternatives : Insights from Top Managers" hosted by Maybank. The theme for this year’s conference is ‘ASEAN Reboot: Reimagining the Future’. Along with the other heavyweights in the hedge fund industry, Yong Ngee shared his insights and views about investing in this uncertain world where fixed income is no longer a mere tool for stable income but an opportunistic tool for interesting returns.

March 2023

YANGZIJIANG Financial Holding : YF8 0% will team up with Singapore-based fund manager Tahan Capital Management to invest in private credit assets in Asia.

The partnership is viewed as a “strategic move to diversify the group’s portfolio and promote sustainable growth in the region”, the financial company said in a bourse filing Monday (Mar 6). It added that it sees “great opportunities” ahead for Asia private credit assets “in view of the secular growth trend in the region and the required funding needs”.

Citing data from investment data company Preqin, Yangzijiang Financial noted that the private credit market in the Asia-Pacific has grown significantly over the last few years and is expected to expand further.

Yangzijiang Financial has previously entered into various agreements with Tahan Capital Management to “invest and develop Singapore as an asset management hub for private credit in Asia”. The Singapore-based fund manager specialises in investing in both public and private credit, said the company.

“The private credit market in Asia has experienced strong growth in recent years, supported by rising investor interest and increasing demand for alternative debt that complements traditional financial institutions lending,” said Vincent Toe, the company’s chief executive and chief investment officer.

“With the current interest rate environment, private credit offers a comparatively attractive return with the security of highly structured and well-collateralised investments in a portfolio that can withstand the forces of a choppy market and uncertain market valuations,” he adde

GET IN TOUCH

Careers at Tahan Capital Management

We are constantly on the lookout for talents to join us. If you are interested in becoming a part of our team, please send your resume to careers@tahancapital.com indicating your area of interest.

Contact Us

Contact Information

Our Office
Tahan Capital Management Pte Ltd

9 Temasek Boulevard
Suntec Tower Two #08-02A
Singapore 038989.

IR@tahancapital.com

(65) 6632 7800

(65) 6337 2101

FOR GENERAL INQUIRES:

I am

Copyright © 2025 Tahan Capital Management Pte Ltd.

All rights reserved.

Thank you

for your enquiry!

We have received your enquiry, and we will try to get back to you as soon as possible. You may read more about us by going back our homepage bty clicking the bottom below.
HOME

Disclaimer

Disclaimer and Exclusion of Liability

The information contained on this site is for informational purposes only and shall not be construed as an offer to sell any interest or solicitation of any offer to subscribe in the funds or products referred herewith. This site does not constitute investment advice or counsel or solicitation for investment in any fund. It does not take into account the particular investment objectives, financial situation or needs of any person. Investors should consider whether any investment is suitable for their own particular circumstances and, if necessary, seek professional advice.

Any offer or solicitation will be made only upon execution of completed Private Placement Memorandum, subscription application and relevant documentation, all of which must be read in their entirety. No offer to subscribe in shares will be made or accepted prior to receipt by the offeree of these documents and the completion of all appropriate documentation. Access to information about the funds is limited to investors who qualify as accredited investors only. The securities referenced on this site may not be registered with the SECURITIES ACT OF 1933 (“1933 ACT”) or any other securities laws of any other U.S. jurisdiction.

Reasonable effort is used to update the information on this site. Information provided has been obtained from or is based upon sources which are believed to be reliable but is not guaranteed as to its accuracy or completeness. Any persons acting upon this information do so entirely at their own risk. The information shown may contain technical inaccuracies or typographical errors. All information contained herein is subject to change without notice.

Any projections or forward looking statements are not necessarily indicative of future or likely performance. Past performance is no guarantee of future performance of a fund.

Tahan Capital Management expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind arising directly or indirectly from (a) the use of this site, (b) reliance on any information contained herein, (c) any error, omission or inaccuracy in any such information or (d) any action resulting there from.

The use of this site may be restricted by local law or regulation in certain jurisdictions. This information is not intended to be made available to any person in any jurisdiction where doing so would contravene any laws or regulations. By accessing this website you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of securities, financial/investment services and products. You represent that you will not utilize the information contained in this website in a manner that could contravene such laws by ourselves or any other person.

Qualified & Professional Investors

This site is only for use by accredited, professional, sophisticated and/or qualified investors only (as defined in the relevant jurisdiction). In using this site, the user represents that they are an accredited, professional, sophisticated and/or qualified investor and use this site for their own information purposes only.

ASIA CREDIT SPECIALIST

CELEBRATING MORE THAN A DECADE
OF ASSET MANAGEMENT

Our Name