People Moves

China specialist Yale professor takes chief advisor role at Permal


Isaac Souede
Highly-regarded Yale University finance professor and China expert, Zhiwu Chen, has taken the role of chief advisor at US fund of hedge funds Permal Group.

Permal, which employs around 200 employees around the world and manages approximately $23 billion in alternative investments, maintains offices in nine cities across the globe.

Chen’s appointment follows the firm’s ambition to penetrate the Chinese market. Chen, who holds a Ph.D. in Financial Economics from Yale University, has written numerous books and treatises on China’s economy, emerging markets, securities valuations and capital markets. Before Yale, he was associate