The appointment, if confirmed, speaks to how Singapore is both an important international hub for family offices, and putting itself forward as a center for green finance.

The family office of Google co-founder Sergey Brin has reportedly hired the former head of sustainability for Singapore’s sovereign wealth fund to help find and manage green investments.

Bloomberg (March 11) said Rachel Teo has joined Bayshore Global Management at its Singapore office established in 2020. 

Teo worked for 18 years at GIC Pte until last August, when she left the Singapore fund, according to her Linkedin profile. 

Family Wealth Report has contacted Bayshore and may update this report in due course. It hadn’t received a reply at the time of going to press. Bloomberg said Bayshore chief investment officer Marie Young, who helped found the Singapore office, didn’t reply to an email seeking comment.

As well as being a hub for family offices, Singapore, like its major peers, is putting forward its green investment credentials.