HSBC Securities Services has appointed Glenn Kennedy as regional head of sales and relationship management for the alternatives sector. Based in Hong Kong, he will be responsible for new and existing client relationships throughout Asia Pacific, with a particular focus on private equity and hedge fund clients.
Kennedy was previously a director at Citi Fund Services Asia. Before that, he worked as global head of legal for BISYS in Dublin and was deployed to Asia in 2006 to spearhead the company's expansion in...
David Li, managing director and head of China at Warburg Pincus, has resigned to set up his own company. Julian Cheng and Frank Wei have duly been appointed to lead the firm’s China business.
CDIB Capital, the PE arm of Taiwan’s China Development Financial (CDF), has invested $30 million in Anhui Dong Jin Renewable Resource Technology, a Chinese renewable resources producer.
China-based Sinovac Biotech, which earlier this week became the target of a take-private bid from its chairman and SAIF Partners, has received a competing offer from a consortium that includes China International Capital Corporation (CICC).
Chinese state-owned conglomerate Beijing Enterprises Holding (BEHL) has agreed to buy EEW Energy from Waste, a German waste management company, from EQT Partners for EUR1.44 billion ($1.6 billion).