
EQT promotes Brian Chang to partner in Singapore
EQT has confirmed the promotion of Singapore-based Brian Chang to partner. He will be responsible for mid-market activity in Asia.
It follows the closing of EQT’s latest Asia-focused middle market private equity fund on target last year at $800 million. The fund makes sector-agnostic investments of EUR40-100 million ($46-155 million) across Greater China and Southeast Asia.
Prior to joining EQT, Chang was responsible for a number of Southeast Asian investments at Headland Capital Partners in the areas of consumer, food and beverage, education, and offshore oil and gas. He also has experience as an electronics entrepreneur in Malaysia and as a banker in Singapore.
The appointment is part of EQT’s regular year-end promotions and is effective January 1. Six people have been elevated to partner globally.
“[The new partners] have all demonstrated a strong dedication and an entrepreneurial spirit, providing valuable contributions to the EQT platform, our culture and values,” Christian Sinding, CEO and managing partner at EQT, said in a statement. “I look forward to working together for continued success as we enter the next phase of EQT’s growth journey.”
EQT claims to have invested more than $1.2 billion across 18 companies in Asia since it opened its first regional office in Hong Kong in 2005. Recent activity includes minority investments in Chinese wallpaper manufacturer Shanghai Artwall Environmental Technology and facilities services company China Shine, as well as the sale of Australia’s I-Med Radiology Network to Permira for an estimated $1 billion.
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