Singapore, 16 October 2025 — Patience Capital Group (PCG), a leading investment fund manager specialising in Real Estate and Private Equity transactions in Japan, announced the appointment of three senior executives to its leadership team. These strategic hires underscore the firm’s commitment to strengthening its investment, operational and strategic capabilities, and further enhance PCG’s overall portfolio value.
New Senior Leadership Appointments
Andy Lee, Chief Asset Management Officer (October 2025)
Andy Lee has spent 27 years in real estate investment management, including deal sourcing, structuring, execution, asset and development management and divestment activities, and managed portfolios across both Asia and Europe. After 19 years with GIC, he served as Chief Asset Management OFicer at Pontiac Land Group, a Singapore-based real estate developer with a portfolio of residential, oFice, retail, hospitality and medical sectors across Singapore, New York, Sydney and the Maldives. At PCG, he oversees all asset management functions, including construction, renovation, operations, property management and divestment, for the PCG real estate portfolio.
Colin Low, Head of Asia (ex-Japan) Investments and CEO of Patience Lifestyle (October 2025)
Colin Low brings over 25 years of experience in international real estate and hospitality investment, fund management, business development and corporate banking, with a proven track record in value creation from his leadership roles at Frasers Hospitality Trust and CBRE Hotels EMEA. Prior to joining PCG, he was Chief Executive of Singapore Land Authority, where he drove commercial and community value by repurposing state land, championing sustainability, and embedding innovation in property management. At PCG, he leads the real estate deals in Asia (ex-Japan), as well as lifestyle, events and content strategies for PCG’s projects, to support the company’s expansion into Asia and add value to the real estate portfolio.
Mitsuru Ishii, Managing Director (October 2025)
Mitsuru Ishii brings18 years of senior leadership experience in real estate investment banking, having held key roles at Deutsche Securities, Mitsubishi UFJ Morgan Stanley Securities, and Mizuho Securities. He has advised public REITs, infrastructure funds, and developers on a broad range of transactions, including fundraising, M&A, IPOs, and securitization, and built a strong track record in equity offerings and strategic deal execution. At PCG, he leads fundraising activities in Japan, and serves on the Myoko Development Public-Private Council, strengthening engagement with local stakeholders to align development strategies and foster a smooth planning process for PCG’s Mountain Resort project in Myoko.
Ken Chan, Founder, CEO and CIO of Patience Capital Group, said: “I am delighted to welcome Andy Lee, Colin Low, and Mitsuru Ishii to the PCG family. Beyond their impressive track records and expertise, each brings a unique perspective and passion that will enrich our culture and fortify our leadership team. As we pursue new investment opportunities and advance on our Myoko development project, their contributions will be instrumental in shaping our strategy, strengthening our execution, and delivering long-term value for our investors and stakeholders.”
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