
Permira appoints co-heads of Asia
European private equity giant Permira has announced the promotion of Henry Chen (pictured) and Alex Emery to partners and co-heads of Asia. The duo will be in charge of the development of the firm across Asia Pacific, with particular focus on Greater China, Korea and Japan. Chen will continue to be based in the Hong Kong office. Emery will relocate to Hong Kong from Tokyo, the firm’s other Asian office.
Yuji Kato, who joined Permira in 2006, has taken over as head of the Tokyo office. Kato was worked for GE International, Morgan Stanley, OECD and the Japanese Ministry of Internal Affairs and Communications before joining the private equity firm.
Chen and Emery will report to Veronica Eng, who will remain Chairman of Asia.
A bit lower profile that its American competitors, Permira has deployed more than $2 billion of capital in Asia including Galaxy Entertainment, Arysta (2008) and Asia Broadcast Satellite.
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.