Korea’s National Pension Service (NPS) has appointed Hyo-Joon Ahn as its new CIO after struggling for more than a year to find a permanent occupant for the role.
Ahn previously worked for NPS between 2011 and 2013, latterly serving as head of domestic equities. He then entered the private sector, serving as CEO of Kyobo AXA Investment Managers – a joint venture...
Private equity compensation rose across the board in Asia Pacific last year – a trend that is seen to reflect rising competition for talent as the number of firms and volume of capital in the region continues to grow.
Indian restaurant discovery and food delivery platform Zomato has raised $210 million from existing investor Ant Financial, the financial services affiliate of China’s Alibaba Group.
The Carlyle Group and Chinese healthcare services provider Meinian Onehealth have together invested in Adicon Holding, a local independent clinical laboratory (ICL) provider. Carlyle is now the company's single largest shareholder.
IDG Ventures India has changed its name to Chiratae Ventures to emphasize the firm’s identity as a backer of high-growth Indian start-ups with potential for global expansion.