
New faces, old faces: Asia PE people moves
A selection of the transfers, promotions, arrivals and departures in the private equity community in 2015
LIMITED PARTNERS
ADAMS STREET PARTNERS Piau-Voon Wang relinquishes his duties as partner and transitions to an advisory role, with Yar-Ping Soo appointed head of the Asian investment team
CAPITAL DYNAMICS Markus Ableitinger resigns from his position as managing director and co-head of Asia Pacific investment management. Kazushige Kobayashi becomes sole head of Asian investments
CHINA INVESTMENT CORPORATION Zhichun Xie, executive director and president of Central Huijin Investment, departs
GOVERNMENT PENSION INVESTMENT FUND Atsushi Ikari is appointed director general of the investment strategy department, replacing Tokihiko Shimizu
HAMILTON LANE Sung-Ji An relocates to South Korea from Hong Kong to head the newly-opened Seoul office
HARBOURVEST PARTNERS Sebastiaan van den Berg, an Asia-based managing director, leaves the firm. Minjun Chung and Kanji Takenaka, who focus on South Korea and Japan, respectively, are promoted to principal, with Chung also named head of the newly-opened South Korea office
HQ CAPITAL Auda Internationa, the PE arm of the Harald Quandt family, is folded under the HQ Capital brand alongside its sister alternative investment businesses
JAPAN POST BANK Tokihiko Shimizu, previously of Government Pension Investment Fund, is appointed head of the newly-created private equity division
MLC PRIVATE EQUITY Andrew Kwee joins from LGT Capital Partners to lead the newly-opened New York office
NATIONAL PENSION SERVICE Chairman Kwang Choi resigns and CIO Wan-Sun Hong's term is not renewed following tensions over strategy
NEUBERGER BERMAN Kent Chen, formerly a manager at the Hong Kong Monetary Authority, is appointed managing director and head of Asia Pacific private equity
OTPP Nicole Musicco moves to Hong Kong as managing director for Asia Pacific, while Olivia Ouyang, formerly managing director and head of emerging markets at China Investment Corporation, joins as a Hong Kong-based director of funds and co-investments
GENERAL PARTNERS
BLACK SOIL CAPITAL PARTNERS The agriculture-focused firm is launched by Chang Sun, formerly Asia managing director at Warburg Pincus
THE BLACKSTONE GROUP Liping Zhang, previously co-CEO of Greater China at Credit Suisse, joins as senior managing director and Greater China chairman. Michael Chae, previously head of Asia and international PE, becomes CFO
THE CARLYLE GROUP Rajiv Louis is fired after being sanctioned for insider-trading activities while working at UBS, with Sunil Kaul promoted to head of Southeast Asia buyout operations. Simon Moore, an Australia-based managing director, prepares to leave the firm once the current fund is invested. Japan-based Hiroyuki Otsuka is promoted to partner, while Jeffrey Gui, of the Asia buyout team, and India growth executive Mahesh Parasuraman become managing directors. Parasuraman then departs to launch his own fund
CDIB CAPITAL Steven Wu joins from China Venture Management as managing director
CHAMP PRIVATE EQUITY Graham Brooke, previously of CVC Capital Partners, joins as a managing director. Bill Ferris, co-chairman and co-founding partner, is appointed chairman of Innovation Australia
CHINA INTERNATIONAL CAPITAL CORP Mingjian Bi is named CEO, having previously served as a partner at Hopu Investment
CITIC CAPITAL PARTNERS Haipeng Zhang is appointed as a senior managing director to focus on healthcare
CVC CAPITAL PARTNERS Atsushi Akaike and Yukinori Sugiyama, both formerly of Advantage Partners, become partner and senior managing director, respectively. Steve Lim, ex-CEO and managing director of J.P. Morgan in South Korea, joins as chairman
DST GLOBAL Shou Zi Chew, previously a partner with the firm, becomes CFO of smart phone maker Xiaomi
EIG GLOBAL ENERGY PARTNERS Yangyang Liu, formerly of China Investment Corp, joins as managing director in the Hong Kong office
EVERSTONE CAPITAL Roshini Bakshi and Rajev Shukla, formerly of Disney and Unilever, respectively, become managing directors on the operations team. Bhavna Thakur joins as head of capital markets and exits
ICICI VENTURE Prashant Purker is appointed managing director and CEO, replacing Vishakha Mulye, who moves to parent group ICICI Bank
IDG VENTURES Founder and Managing Director Manik Arora leaves the firm
JUNGLE VENTURES David Gowdey, previously of TPG Growth, joins as managing partner
KKR Joe Bae relocates to the US where he continues to lead the Asia business, while Justin Reizes, head of Australia, retires
NAVIS CAPITAL PARTNERS Hugh Dyus, formerly head of Asia private equity at Macquarie Funds Management, joins as a partner based in Hong Kong
NEW SILK ROUTE Arvind Malham is promoted from principal to partner
NSSK Jun Tsusaka launches the Japan mid-market firm with fellow ex-TPG Capital colleagues
PERMIRA Permira Ryotaro Fujii, formerly of KKR, becomes managing director and head of Japan, with Yoichiro Furuse named Japan chairman
QIMING VENTURE PARTNERS Healthcare specialist William Hu is promoted to managing partner
QUVAT MANAGEMENT Tom Lembong, CEO and managing partner, leaves to become trade minister of Indonesia
SAIF PARTNERS Alok Goel, ex-CEO of Indian mobile recharge service FreeCharge, becomes managing director
SARATOGA CAPITAL Sandiaga Uno, one of the founding partners, scales back his corporate roles to focus on politics, but there is no change in his job title or commitments at Saratoga Capital itself. Eri Reksoprodjo and Nigel Khoo, two of Saratoga's five partners, leave the firm
SHAW KWEI & PARTNERS Brian Lau joins as a Hong Kong-based executive director from boutique investment bank Prometheus
SOFTBANK Nikesh Arora, CEO of SoftBank Internet & Media Inc (SIMI) is named president and COO, with Masayoshi Son continuing as CEO
STANDARD CHARTERED Viswanathan Shankar, CEO for Europe, Middle East, Africa and Americas, leaves to set up his own private equity fund.
TA ASSOCIATES Daisy Cai, formerly an executive director at Goldman Sachs, becomes a director in the Hong Kong office
TPG CAPITAL Asia Managing Partner Ben Gray prepares to exit the firm once the current fund is invested to set up his own Australia-focused GP. Zubrin Irani, previously of United Technologies Corporation, becomes a managing director in the Asia Pacific operations group. Anjali Bansal is appointed partner at TPG Growth
UNITAS CAPITAL The four-person Korea team, led by Eugene Suh and Jay Lee, spins out to raise an independent fund
VERTEX VENTURES Ben Mathias joins from New Enterprise Associates as managing director and head of India
VISION KNIGHT CAPITAL Managing Partner Pak-Seng Lai leaves to join 3W Partners Capital
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