
Actis appoints two new directors in Asia
Actis has appointed two new directors, Danny Koh and Max Lin, who will be based in Singapore and Beijing, respectively. Koh will be head of deal origination for Southeast Asia while Lin will focus on China investments.
Koh started his career in the tax division of PricewaterhouseCoopers (PwC) before moving to its corporate finance and then private equity groups. In 2006 he joined 3i Group where he was responsible for sourcing growth capital and buyout deals across Southeast Asia.
Lin previously worked at Hopu Investments Management, having joined the China-focused GP in 2008 as part of the founding team. He began his career as a business and tax consultant in Australia before moving into investment banking with Credit Suisse, followed by HSBC and Citigroup.
"Southeast Asia is a fascinating and fast-paced market and I am delighted to be joining a firm with such a strong reputation, not only in Singapore, but across the emerging markets," Koh said in a statement. "I find Actis' values, particularly its commitment to the positive power of capital, chime very strongly with my own, and I am looking forward to beginning work."
Koh's appointment comes about three months after the departure of Gary Addison, head of Actis' Singapore office, who also formerly worked for 3i.
Actis has $5 billion under management across Asia, Africa and Latin America. About 18% of the private equity firm's investments are based in China and Southeast Asia with $680 million currently invested in the region. Portfolio companies include hot-pot chain Xiabu Xiabu and catering equipment manufacturer Vesta.
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