Mr. Hugo Virag is Managing Director - Co-head of Astris Finance Southeast Asia, and Director of Astris Finance Vietnam. Astris Finance was established 25 years ago as the Latin America advisory arm of a leading European banking group specialized in public and project finance. Astris Finance became independent through an MBO in 2008. Since then, Astris Finance has grown global.
In the past 3 years, Astris Finance ranked in the top 3 in the IJ Global League Tables for Global Renewables financial advisory – and #1 for European Renewables. Mr. Virag has more than 20 years of experience as an energy and infrastructure financial advisor in Asia and Europe. His transaction experience encompasses project development and financing advisory, buy-side and sell-side M&As, as well as debt and equity market transactions.
Mr Virag opened the operation of Astris Finance Vietnam back in 2018. Some of his most relevant transactions are the debt arrangement of first-of-their kind limited recourse project financing of wind and solar projects in Vietnam, buy-side and sell-side financial advisors on prominent M&A domestic and cross-border transactions.
Before moving to Asia, Hugo was senior manager with the management team of Galaxy Fund, an infrastructure focused fund sponsored by European Development Finance Institutions. Hugo started his career practicing law with the asset finance practice of international law firm Hogan & Hartston LLP (in New York, Paris and London).
Mr Virag graduated from the ESSEC & Mannheim Business Schools and University of Virginia Law School. He is the co-President of the Energy and Infrastructure Committee of the French Chamber of Commerce of Singapore.