TA promotes Hong Kong-based Andrew Tay to principal
TA Associates has promoted Andrew Tay, a Hong Kong-based investment professional, from director to principal.
The firm has elevated 11 people to principal rank globally, according to a statement. Three more have been named vice president or senior vice president, including Gurnoor Kaur in Mumbai.
Tay joined TA in 2019 after five years with Baring Private Equity Asia in Singapore. Before that, he worked in New York, first in investment banking for Lazard and then in private equity for Snow Phipps Group. He focuses on investments in technology, healthcare, consumer, business services, and financial services.
Tay is a board member at In.Corp Group, a Singapore-headquartered corporate services provider, and at Australian corporate insurance provider Honan Insurance. He is also a board observer at BetaShares, an Australia-based exchange-traded fund (ETF) manager.
TA, which has more than 100 investment professionals in Boston, Menlo Park, London, Mumbai and Hong Kong, closed its 14th global growth equity fund in June 2021 with commitments of USD 12.5bn.
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