North Asia-focused buyout player MBK Partners has hired Stephen Le, formerly of Deutsche Bank, to co-head a newly-launched fund that will make credit and special situations investments.
China Renaissance Group has appointed Ke Wei, formerly a managing director at General Atlantic (GA), as a partner in its private equity investment platform, known as the New Economy Fund.
Steven Okun, until recently KKR’s director of public affairs for Asia Pacific, has been appointed ASEAN representative for EMPEA, a global industry association for private capital in emerging markets.
Réal Desrochers, formerly head of private equity at the California Public Employees’ Retirement System (CalPERS), has joined Beijing-based CITIC Private Equity (CITIC PE) as a managing director.
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TPG Capital has appointed Chang Sun, who spent 20 years at Warburg Pincus in China before setting up agriculture-focused PE firm Black Soil, as its managing partner for China.
Jeneration Capital Management, which sources the bulk of its funding from Chinese technology entrepreneurs, has appointed Tony Zhang as a partner. He was previously head of Asia at Coatue Management.
The Blackstone Group has appointed Katsuyuki Kuki, who previously spent nine years as an investment banker with J.P. Morgan, as its chairman and representative director for Japan.
Partners Group has appointed Shunsuke Tanahashi (pictured) as head of the private equity firm’s Japanese business.
Aberdeen Standard Investments, a new global asset manager created by the merger of Aberdeen Asset Management and Standard Life Investments, has named a China head to strengthen the firm’s relationships with Chinese investors.
KKR has opened an office in Shanghai, its third base in Greater China and eighth in Asia Pacific. The move comes two months after the firm closed its third pan-regional fund at $9.3 billion.
General Atlantic has named its second Asia-based special advisor in a month with the appointment of John A. Prasetio (pictured) to help develop business opportunities in Southeast Asia, with a particular focus on Indonesia.
The CIO of South Korea’s National Pension Service (NPS) has submitted his resignation, seven months before the end of his two-year tenure.
Hamilton Lane has opened an office in Sydney and hired James Martin, who previously spent five years at Partners Group focusing on institutional sales and deal origination, to lead local operations.
Joe Bae (pictured), who has spent the last 12 years building out KKR’s Asian operation, has been named co-president and co-COO of the firm as co-founders Henry Kravis and George Roberts prepare to hand over leadership to the next generation.
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General Atlantic has appointed Yong Hak Huh, founder and CEO of First Bridge Strategies and formerly CIO of private markets and direct investment at the Hong Kong Monetary Authority (HKMA), as a special advisor.
Jason Sambanju, the former head of Asian private equity secondaries at Deutsche Bank, has launched his own investment firm – Foundation Private Equity – which will pursue secondary opportunities in the region.
Dedicated Asia secondaries investor NewQuest Capital Partners has opened an office in Mumbai, its third in the region. The firm has invested $200 million in India over the last two years and expects its investment pace to increase in the near term.
KKR has selected Go Yamashita, a former managing director with The Blackstone Group, to head the KKR Capital Markets (KCM) team in Japan.
Ajay Hattangdi (pictured), co-founder, group CEO and COO for India at venture debt firm InnoVen Capital, has left the firm along with co-founder and deputy CEO Vinod Murali. They plan to launch a fund of their own.
China-focused private equity firm FountainVest Partners has appointed Andrew Huang, formerly head of China M&A at Goldman Sachs, as a managing director.
Sequoia Capital has hired Piyush Gupta, the former head of technology, media and telecom (TMT) investment banking at Deutsche Bank, as a managing director in its India unit.
Placement agent and secondary transaction advisor Campbell Lutyens has appointed Kok-Peng Teh, formerly head of the special investments division at GIC Private, to its advisory board.