Hamilton Lane has promoted three Asia-based professionals – Tomoko Kitao, Mingchen Xia (pictured) and Josh Jacob – to managing director.
Samara Capital has named Sanjay Purohit, the managing director for India at global clothing manufacturer Levi Strauss, as a partner.
Singapore’s Temasek Holdings has combined its sector and market investment teams under a single investment group – promoting to president the two executives who will run this division – and created a new portfolio strategy and risk group in response...
Rishi Navani, co-founder of Matrix Partners India, has left the GP to start a new investment practice, Epiq Capital.
Singapore’s GIC Private has named Yong-Cheen Choo as chief investment officer for private equity, one of five new roles created to enhance the sovereign wealth fund’s investment capabilities.
Japanese technology conglomerate SoftBank has spoken out in defense of Nikesh Arora, its president and COO - and presumed successor to CEO Masayoshi Son - who has been accused of conflict of interest and poor investment performance.
Nearly two thirds of private equity professionals in the Asia Pacific region expect an increase in base salary this year, with mid-level executives – vice presidents, principals and directors – the biggest driver.
Succession planning issues are relatively few in Asian private equity, but that will change - and what GPs do to retain the next generation leadership will increasingly come under the spotlight
Piau-Voon Wang, formerly a partner and head of Asian investments at Adams Street Partners, has been appointed as co-CIO for Chinese wealth manager Noah Holdings.
David Li, former managing director and head of China at Warburg Pincus, has joined the PE firm’s portfolio company Ucar, a Chinese chauffeured car service provider, as vice chairman.
Bain Capital has rebranded its credit investment and public equities divisions – Sankaty Advisors and Brookside Capital – under the Bain Capital name and announced changes to its senior leadership.
CompareAsiaGroup, an online financial comparison platform that last year received a $40 million round led by Goldman Sachs, has appointed former KKR executive Sam Allen as its CEO.
Natalie Meyenn has stepped down as head of private equity at MLC, the wealth management arm of the National Australia Bank (NAB).
The Blackstone Group has appointed Chris Heady as chairman for the Asia Pacific region. He will retain his existing responsibilities as head of real estate in the region.
EIG Global Energy Partners has hired Rex Chung, formerly of KKR, as managing director and co-head of Asia. He will be based in Hong Kong.
TVM Capital Healthcare Partners, which focuses on healthcare investments in emerging markets, has deepened its coverage of Southeast Asia with the appointment of one operating partner and two senior advisors in Singapore.
TPG Capital has appointed Joel Thickins, formerly a director at CHAMP Private Equity, as new Australia country head.
Japan’s Government Pension Investment Fund (GPIF) has appointed Norihiro Takahashi, a long-standing executive at Norinchukin Bank, as its president.
Direct secondaries specialist NewQuest Capital Partners has reached a first close of just over $500 million on its third fund, beating the initial target for the entire vehicle.
Vincent Chan, founder of China-focused GP Spring Capital, has been appointed senior managing director and head of Asia at Samena Capital.
Oaktree Capital Group has opened its first office in Australia, with Byron Beath, previously of Macquarie Bank, appointed to lead investment activities in the region.
Scott Bookmyer, COO of KKR’s Asian operation, has been given the additional role of head of Australia. He will relocate from Hong Kong to Sydney and start work in July.
Markus Ableitinger, formerly an Asia-based managing director with Capital Dynamics, has joined placement agent Pyramid Private Equity Partners as an associate partner. He will continue to focus on Asia.
Adams Street Partners has promoted Doris Guo, a principal in charge of primary investments in Greater China, to partner.