Ex-CPE Capital executive Shane Gong joins Evercore
Shane Gong, who previously led the Singapore office at Australia's CHAMP Private Equity, now CPE Capital, has been recruited by Evercore to head up its PE secondaries business in Asia.
Gong will serve as a Singapore-based managing director in the firm's private capital advisory group with responsibility for institutional investor and fund sponsor relationships across Asia Pacific. The group advises managers of private assets considering fund sales, asset refinancing, and fund recapitalizations.
Gong has more than 20 years of experience in private equity and investment banking in the region, including CPE, where he was responsible for regional direct growth and buyout investments, investor relations, and fundraising.
"Evercore is a pioneer in the private equity secondaries market and has advised on the highest-profile LP and GP-led deals in North America and Europe," Gong said in a statement. "Asia is experiencing rising demand from regional private equity investors for secondary market liquidity solutions and I am excited by the opportunity to build on Evercore's preeminent position."
Evercore, a New York-headquartered boutique investment bank, has a significant presence in Asia with bases in Beijing, Hong Kong, and Tokyo, as well as Singapore. Private market advisory activities include private placements and fundraising as well as secondaries.
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