The Alta Group will expand its worldwide consulting and advisory business with the creation of The Alta Group Asia Pacific Region. The new branch is based in Hong Kong and serves the broader Asia Pacific equipment leasing and asset finance market including Australia, China, Indonesia, Japan, Malaysia, Taiwan and Vietnam.

Alta AP joins existing Alta units in Canada, Europe, the Middle East and Africa (EMEA), Latin America and the U.S. The new unit will be headed by Adrian Pang as chief executive officer. Pang has extensive executive level experience in the equipment leasing and financing industry, having served such companies as CIT, Sun Microsystems, GE Capital and AT&T Capital.

“A strong presence in Asia Pacific is essential to the needs of our clients,” said John C. Deane, CEO of The Alta Group’s worldwide management committee. “We are very pleased that an executive such as Adrian with his depth of experience in the region will be leading our efforts.”

In addition to serving the broader Asia Pacific region, Alta AP replaces the existing alliance in China with CapSol, which is based in Beijing and led by Jason Zhou.

“We have enjoyed our relationship with Jason over many years. He has now established a successful vendor leasing company and we wish him the best as he continues to expand his business,” said Deane.