
Kelvin Chan leaves Partners Group’s Asia PE team
Kelvin Chan has stepped down as a managing director with Partners Group’s Asia Pacific private equity team. The global private markets player, which makes primary, secondary and direct investments, has appointed Kelvin Yu in his place.
Chan joined Partners Group's Singapore office in 2004 and most recently served as a member of the Asia, MENA and emerging markets private equity investment committee. He cited personal reasons for his departure - effective January 1 - but plans to remain focused on private equity and entrepreneurship.
Yu joins the firm from Sequoia Capital China where he spent four years as a vice president. He previously worked at Capital Today and Baring Private Equity Asia, and before that was a member of the M&A team at J.P. Morgan and ING Barings.
Yu will be based in Singapore and will focus on developing Partners Group's private equity investment activities across the region, with a particular emphasis on direct investments. He will be part of the team that continues to be led by Andreas Baumann, partner and co-head of the firm's Singapore office.
Partners Group has committed approximately $4 billion to the Asia Pacific region since 1999, including 19 direct investments and $1 billion in secondary transactions.
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