2025 Elite Middle East & Asia-Pacific Allocators, Part 1
Markets Group is proud to present the 2025 Elite Middle East & Asia-Pacific Allocators list, recognizing the leading institutional allocators driving capital deployment across two of the world’s most dynamic regions. This list highlights senior professionals from sovereign wealth funds, pension funds, superannuation funds, endowments, insurance groups, public investment institutions, and family offices whose strategic decisions continue to shape the global investment landscape.
Part of our broader Elite Series, this recognition honors individuals who bring foresight, discipline, and innovation to navigating evolving market opportunities across asset classes. The list was compiled through allocator engagement and institutional feedback, reflecting each honoree’s influence and leadership in advancing investment strategies throughout the Middle East and Asia-Pacific.
We invite you to explore the list and celebrate the allocators whose vision and conviction continue to define excellence in institutional investing.
ASFAR, The Saudi Tourism Investment Company Sovereign Wealth Fund (subsidiary)
Faisal Baig is the chief investment officer of ASFAR, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), where he...
Faisal Baig is the chief investment officer of ASFAR, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), where he oversees investments across the tourism value chain in support of Saudi Arabia’s Vision 2030. He brings more than 20 years of experience in private equity, venture capital, mergers and acquisitions, and investment banking, with a track record of executing high-profile transactions across the U.S., Europe, and the Middle East in sectors ranging from technology and consumer goods to manufacturing and energy.
Before joining ASFAR in 2023, Baig was division head in Aramco’s corporate development team, where he played a key role in strategic mergers and acquisitions and joint ventures, including the $69B acquisition of Saudi Basic Industries Corporation (SABIC). He previously held senior private equity roles at GFH Financial Group and Investcorp, focusing on mid-market transactions, and began his career in the U.S. with Citi, JPMorgan, and New Enterprise Associates (NEA). Baig holds a Master of Business Administration degree from Yale University and a bachelor’s degree in electrical engineering from Michigan State University.
LOCATION
Riyadh
REGION
Saudi Arabia
TIME AT FUND
2 year(s)
Yoshi Kiguchi
Pension Fund of Japanese Corporations Private Sector Pension Funds
Yoshi Kiguchi is the chief investment officer of the Pension Fund of Japanese Corporations, where he focuses on developing innovative...
Yoshi Kiguchi is the chief investment officer of the Pension Fund of Japanese Corporations, where he focuses on developing innovative strategies and investment horizon structures. Before joining the fund, Kiguchi was a managing director at Russell Investments in Japan, where he advised institutional clients such as Toyota, Fujitsu, NEC, Sekisui, Toray, and Mazda. He began his career at Sumitomo Life Insurance Co., spending a decade working across corporate strategy, equity investments, private equity, quantitative risk management, and asset-liability management. Kiguchi holds a bachelor’s degree in precision machinery from the University of Tokyo.
LOCATION
Tokyo
REGION
Japan
TIME AT FUND
16 year(s)
Hidetoshi Ono
Tsao Family Office Single-Family Office
Hidetoshi Ono is country head for Japan at Tsao Family Office (TFO), where he has led portfolio management and real...
Hidetoshi Ono is country head for Japan at Tsao Family Office (TFO), where he has led portfolio management and real estate investments since 2022. Established in 2016 to steward the Tsao family’s assets, TFO channels investment proceeds to philanthropic initiatives, including the Tsao Foundation. Ono has more than three decades of experience in real estate and senior investment management, having served as head of direct real estate in Japan at abrdn, where he oversaw a value-add portfolio of senior housing assets. He also served as managing director of real estate at Manulife, head of the Japan Core Fund at AXA Investment Managers in Singapore and managing director and country manager for Japan at ING Real Estate. Earlier in his career, he held roles at General Electric and Mitsui Fudosan Co. Ltd. Ono holds a Master of Business Administration degree from Stanford Graduate School of Business and a bachelor’s degree in social studies from Hitotsubashi University.
LOCATION
Tokyo
REGION
Japan
TIME AT FUND
3 year(s)
Carol Seah
WYNNES Family Office Multi-Family Office
Carol Seah is the founder and chief executive officer of Wynnes Family Group, which encompasses Wynnes Financial Advisers and Wynnes...
Carol Seah is the founder and chief executive officer of Wynnes Family Group, which encompasses Wynnes Financial Advisers and Wynnes Family Office in Singapore. Since establishing the firm in 1998, she has guided families in business on strategy, family office structuring, and generational wealth planning. Her career spans more than four decades, beginning as an engineer in broadcasting and telecommunications before building Wynnes into a leading platform for family wealth management. She has also advised multiple early-stage start-ups and served on the board of Reliance Asset Management Singapore.