Hoe Kit Mak

Bio:

Mak Hoe Kit, Managing Director (Private Equity Lodging), has over 29 years of investment experience in investments and asset management, particularly in real estate and private equity. He joined in January 2019 to manage a US$600 million serviced residence fund to invest in serviced residences globally.  In 2022, he started new funds, with a US$150 million purpose-built student accommodation fund to invest in student accommodation projects. This is followed by a series fund in 2025 of US$650 million equity commitments across the fund and associated vehicles, to invest in the living and lodging sector in Asia Pacific.  

Prior to CapitaLand, he was with Frasers Hospitality as the Chief Investment Officer responsible for the growth of hospitality investments and management contracts globally.  Before that, he was Executive Director – Real Estate in Northstar Group; and Executive Director and Co-Leader - Real Estate in Ernst & Young. He spent 5 years with Pacific Star Group as the Senior Vice President responsible for the Asia Real Estate Income Fund, a €500 million value-add fund. During this period, he was instrumental in various real estate investments in Asia and successfully divested them.  Hoe Kit started his career in NatSteel Group, a diversified conglomerate where he grew in the job for 7 years and was involved in various investments, strategic planning, M&A, restructuring as well as bringing private subsidiary companies to IPO. 

Hoe Kit obtained his Chartered Financial Analyst (CFA) in 2000. He also holds a Master of Science in Real Estate and Bachelor of Engineering (Honours) from the National University of Singapore.