Edwin Lee CFA, CAIA
Chief Executive Officer
Edwin Lee has 16 years of experience in the financial industry. He started his career with Salomon Smith Barney (SSB) in 2000 and over the course of 12 years with SSB, his team provided comprehensive investment advice to individual and institutional clients. This included the development of clients’ Investment Policy Statements and Asset Allocation Strategies, investments in fixed income, equities & their related derivatives. As the key manager for the team’s discretionary multi-asset class portfolios, he oversaw the team’s portfolio decisions including the use of options to hedge as well as generate income. He then spent 2 years with DBS as a private banker, advising both HNW and UHNW individuals and families before crossing over into the independent wealth management space. Before co-founding Covenant Capital, he was with Swaen Capital, a leading independent asset manager based in Singapore, leading the global asset allocation portfolio management team and was instrumental in fund raising as well.
Edwin graduated from the Nanyang Technological University’s Nanyang Business School in 2000 with a Bachelor of Business Studies (Honours – 2nd Upper) degree, majoring in Financial Analysis. He obtained the Chartered Financial Analyst (CFA) designation in 2003 and the Chartered Alternative Investment Analyst (CAIA) designation in 2007. He is a member of the CFA Institute, CFA Singapore and the CAIA Association. While in SSB, Edwin was one of the few consultants in the region holding the Consulting Group’s Senior Investment Management Specialist title.
In his earlier days, Edwin was an avid badminton player and ranked 3rd in the National School’s Individual Games. He was also the captain of his school badminton team and he led the team to retaining their 16th consecutive title as National Champions. He now enjoys mountain biking, running and adventure sports in his free time. Edwin also serves as a board member of a local church and is currently holding the appointment of Officer Commanding in his military unit.
Edward Lim CFA
Chief Investment Officer
Edward Lim has 21 years of financial industry experience, including the last 19 years in various investment management roles. He has been an investment manager for the last 15 years, which includes spending the last decade running absolute return mandates. As the CIO of Covenant Capital, he is responsible for the firm’s overall investment strategy, as well as managing Covenant Asia Equity Absolute Return Fund.
Prior to forming Covenant Capital with Edwin, Edward was the CIO of Swaen Capital, a leading independent wealth manager based in Singapore. He was headhunted to start up Tokai Tokyo’s first asset management firm outside of Japan in Singapore, where he also served as their CIO and was responsible for running their Asia ex-Japan equities absolute return fund. He was the Head of Asia Equities in TRG, a leading global emerging markets macro hedge fund and also led the Long/Short Strategy group in Citigroup Principal Equities Strategies based in Asia. Before he joined Citigroup, Edward held dual roles as Senior Portfolio Manager and the Head of Research for BNP Paribas Asset Management in Asia. Edward started his investment career as an investment analyst with Citigroup Private Bank and DBS Vickers Research.
He is a CFA charter holder since 2001 and graduated with Magna-cum-laude Honors, BBA from the University of Oklahoma. He has been awarded the President and Dean Honor Rolls for several consecutive years and was awarded the Oklahoma’s Bankers Association and Farmers’ Insurance Scholarships.
Edward is an avid swimmer, having swam for his schools and his university in his younger days. But his real passion is having a glass of Glen Scotia and Padron 1926 with the company of family and friends.
Tay Kian Ngiap
Chief Operating Officer
Tay Kian Ngiap has more than 10 years of financial industry experience, which entails a wide spectrum of middle and back office experience including fund administration, investment and finance accounting, day-to-day settlement and reconciliation issue resolution. As the COO of Covenant Capital, Kian Ngiap is responsible for managing the Company’s compliance and operations roles.
Before Covenant Capital, Kian Ngiap was with a boutique hedge fund since its inception and was part of the inaugural team, where he built his knowledge and experience for 5 years. He then moved on to become an Account Manager for the World’s largest fund administrator, Citco Fund Services for 4 years. His contributions in Citco included onboarding new businesses to the firm and increased profitability for his Clients. He then moved to Swaen Capital and played a key role in the establishment and overseeing of the Covenant Asia Equity Absolute Return Fund operations. Additionally, he also played an instrumental role in improving workflows, tightening processes and keeping Operations and Compliance policies relevant to the market conditions.
He was part of the pioneer batch of students from Singapore Management University and graduated with a Bachelor of Business Management, majoring in Finance and Accounting and is still participating in the school’s Alumni activities.
Senior Vice President, Relationship Manager
Richard Lee is a veteran in the wealth management industry spending over 40 years in the finance industry. Prior to joining Covenant Capital, he was working for Citigroup as a wealth adviser since 1994. He has also overseen the strategic development and business operations of one of the key teams in the business unit.
He joined the finance industry back in 1975 as a fund manager for Chartered Unit Trusts. From 1976 to 1994, he held various positions with international financial institutions such as Bache Halsey Stuart Shields, Lehman Brothers and Salomon Smith Barney, providing investment services and managing investment portfolios for institutions and high net-worth private clients.
Richard graduated from the University of Singapore in 1972, with a Bachelor of Social Science (Honours) degree, majoring in Economics.
Soon Kay Hock CFA
Senior Vice President, Portfolio Manager
Kay Hock has more than 30 years of experience in the investment industry.
He started his career with Overseas Union Bank in 1986. He was an economist for the first 2 years before becoming a portfolio manager handling both institutional and private clients’ funds for the next 8 years.
In 1995, he joined Singapore MRT Limited where he managed their investment portfolio. He was responsible for setting the investment policy, asset allocation and the execution and monitoring of the investments. Besides managing the in-house funds, he was also responsible for the selection and monitoring of external asset managers.
In January 2001, he joined Citigroup Global Markets as a financial consultant. He held the position of Senior Vice President and Senior Investment Management Specialist. His responsibilities include prospecting, servicing, advising and managing private clients’ portfolios. A major part of his business was managing clients’ money on a discretionary basis. He continued his practice for more than 16 years until August 2016 when he left to join Covenant Capital.
Kay Hock is a graduate of National University of Singapore with Bachelor of Arts degree and an Honours degree in Economics. He has also been a CFA charter holder since 1992.
Senior Vice President, Relationship Manager
Edward joined Covenant Capital in 2017. He brings along over 20 years of experience in asset management and investment advisory. His clients included executives of Fortune 500 companies, philanthropists, charitable and non-profit foundations as well as regional insurers and asset management companies.
Edward started his career in wealth management in 1997, in Seattle, with Smith Barney as a portfolio management associate, where he and his team managed in access of US$400 million for individuals and institutions.
In 2001, Edward moved to Laird Norton Trust Company and its subsidiary – Wentworth Hauser and Violich. There, Edward advised family clients of the Laird Norton family office, as well as foundations and private wealth clients, on their investment mandates. He also served as the WHV’s Telecommunication and Information Technology Services analyst.
Subsequently, in 2006, Edward returned to Singapore and rejoined Citi Smith Barney as a financial advisor. Over a period of 10 years, Edward managed discretionary mandates, and advised both private and institutional clients around the region.
Prior to Covenant Capital, Edward was a Director at Havenport Advisors, the private wealth division of Havenport Asset Management.
Edward graduated with a BA in Business Administration from the University of Washington and a MBA from Imperial College, University of London. An avid sportsman, Edward continues to play and mentor students as part of Oldham Water Polo Club and volunteers at Singapore Water Polo Management.
Vice President, Relationship Manager
Shaun Fonseca has 6 years of experience in the financial industry. He started his wealth management career with Morgan Stanley Smith Barney, Australia, where he won the Henry Morgan Award 2011, a Morgan Stanley Smith Barney Country Award. While in Australia, Shaun also worked at the Apeiron Global Macro Fund and the Department of Queensland Transport and Main Roads, where he assisted the team in the economic modelling and forecasting of a multimillion state government research project.
In 2012, Shaun moved back to Singapore and joined Citigroup Global Markets Asia Limited, where he advised and provided investment solutions to HNW and UHNW individuals across multi-asset classes. While at Citigroup Global Markets Asia Limited, Shaun took the lead in collaborating with some of the biggest hedge funds in the world to educate HNW & UHNW individuals on hedge funds strategies and was instrumental in fund raising as well.
Damien Long CFP
Damien Long has 20 years of financial industry experience, including last 10 years in investment analysis and investment management roles focusing on value-investment and concentrating in South East Asia markets.
In his current role, he supports the CIO as an Investment Analyst for Covenant Asia Equity Absolute Return Fund and is part of the idea generation core of the investments team.
He had a dual role of Fund Manager and Business Development with Aegis Portfolio Managers Pte Ltd who specializes in investing in “multi-baggers” in small mid cap investments in Asia ex-Japan. Damien was responsible for generating investment ideas and conducting due diligence on companies in the Consumer and Lifestyle, Food and Beverage, Oil and Gas and Healthcare Sector.
Before he joined Aegis, Damien was Product Manager for Investment and Insurance products at an international bank. He started his career as a Credit Analyst and Relationship Manager at a local bank.
He is a Certified Financial Planner (“CFP”) holder since 2006 and graduated with Distinctions, BSc from Indiana University at Bloomington.
Josh Le CFA, MSc in FE
Assistant Portfolio Manager
Josh Le has 8 years of experience in financial industry, spending the last 5 years in portfolio management and trading. He began his career with Bank of America Merrill Lynch in 2008 and subsequently joined Star Financials, a trading firm, and Conrad-Ottess Private Asset Management, a Singapore-based family office. He oversaw Long Short portfolio as well as Long only and Momentum portfolios in Conrad-Ottess. Alongside Edwin Lee, he co-manages the Global Anchor Portfolio, previously at Swaen Capital and now at Covenant Capital.
Josh graduated with a Master of Financial Engineering from Nanyang Technology University, Bachelor of Electrical Engineering from National University of Singapore and obtained a Certificate of Computational Finance from Carnegie Mellon University. Josh is also a CFA charter holder.
Christine Ho has 20 years of private and institutional client customer service and operations experience. Over the years, she served more than 15 senior financial consultants, supporting them in various aspects of client engagement, trade and operational support. As the operations analyst with Covenant Capital, she supports the team’s operational & administrative needs.
She started her financial career as a secretary with US securities brokerage firm Kidder Peabody, Hong Kong, in 1993 and an operations assistant with Paine Webber, Hong Kong, in 1995. In 1996, she followed the team to join Salomon Smith Barney Hong Kong Limited in 1996 and Citigroup Global Markets Asia Limited, Hong Kong as Senior Sales Associate in 2002. In 2003, she relocated to Singapore and settled down with her family.
She continued her senior sales service role with Citigroup Global Markets Singapore Private Limited until Sept 2014. She worked across business , functional and regional lines to provide clients with integrated solutions that meet their needs.
Tight follow-ups and swift responses are hallmarks of her work, with a keen focus on understanding clients and exceeding their expectations. She is an excellent team player and effective in backing up teammates. Operational seamlessness and continuity in servicing accounts with teammates are key priorities for Christine.
Sherlyn See began her career as an auditor in a public accounting firm, RSM Singapore for two and a half years. RSM Singapore is a member of RSM International ranked as world’s 6th largest accounting and consulting network. As the operations analyst with Covenant Capital, she supports the team’s operational & administrative needs.
She performed statutory audits for group audits and reviewed consolidated financial statements within tight reporting deadline. She also assisted in SGX listed companies and non-profit organizations audits which also involved identifying control weaknesses of companies.
Sherlyn is a graduate of Nanyang Technological University (NTU) with Bachelor of Accountancy. She is also an Associate Member of Institute of Singapore Chartered Accountant (ISCA).