Ontario Teachers’ Pension Plan (OTPP) has opened an office in Mumbai, adding India to an Asian footprint that currently includes bases in Hong Kong and Singapore.
HarbourVest Partners has opened an office in Sydney on the back of claimed recent success in cultivating institutional and private wealth clients in Australia and New Zealand.
Initative Climat International (ICI), a private equity community dedicated to stemming global warming, has launched an Asia Pacific chapter, signalling a growing regional commitment to climate issues.
The team behind Indian angel investor GrowX Ventures has launched a separate fund targeting USD 100m under the name Merak Ventures.
Korea Investment Corporation (KIC) has appointed Hoon Lee, previously head of its investment strategy and innovation division, as CIO.
Partners Group has initiated full-scale coverage of Japan’s private equity market with the recruitment of Tatsuya Ochi to lead local operations for the asset class.
Waterfall Asset Management, a US alternatives manager primarily active in the private debt space, has established an Asia presence with the opening of an office in Hong Kong.
Kewsong Lee has resigned as CEO of The Carlyle Group just over two years since assuming the role on a solo basis, with co-founder Bill Conway taking over in an interim capacity.
SCB 10X, the VC arm of Thailand’s Siam Commercial Bank, has appointed Mukaya Panich, its chief investment and venture officer, as CEO.
A three-person team from EmergeVest, including co-founder Roger Moh, has moved to Hong Kong-based VI Asset Management to launch a private credit strategy.
India's ChrysCapital Partners has appointed Sanjay Jalona, formerly CEO of the IT division of Indian engineering conglomerate Larsen & Toubro, as an operating partner based in the US.
Navis Capital Partners has launched a credit unit that will provide financing to companies in Asia that require growth capital but are reluctant to bring in equity investors.
Brett Sutton, a former partner at Affinity Equity Partners who was recruited by CVC Capital Partners last August to oversee the reestablishment of its Australia presence, will leave the firm at the end of the year.
British International Investment (BII), a UK development finance institution formerly known as CDC Group, has named 20-year private equity veteran Manav Bansal as its head of India.
Timothy Zee, a Singapore-based managing director with PAG whose primary responsibilities included deal sourcing and business development, has left the firm after 10 years.
Karthik Prabhakar, who joined Chiratae Ventures – then IDG Ventures India – as a senior analyst in 2011 and rose to the level of managing director and head of global fundraising, has announced his departure from the firm.
Paul Yang, KKR’s Greater China head, is moving to an advisory role as the private equity firm looks to appoint a replacement based full-time in mainland China.
Alicia Gregory, head of private equity at Australia’s Future Fund, has been promoted to deputy CIO with responsibility for private markets.
Clifford Chance has bolstered its Asia private funds offering with the recruitment of Liyong Xing, formerly a partner at Kirkland & Ellis.
Indian early-stage investor Anicut Capital has achieved a first close of INR 1.1bn (USD 14.2m) on its latest VC fund, which is targeting INR 5bn. It coincides with the nomination of a new partner.
The Blackstone Group has recruited Mark Glengarry, formerly of Anchorage Capital Group, as head of Asia Pacific origination for its credit business.
Franklin Templeton has appointed Patrick Vizzone as a managing director and head of agri-food for its Asia Pacific alternatives group. He will lead PE and VC investments in the space globally.
Singapore-based global financial technology investor Arbor Ventures has appointed Peter Sanborn, who formerly held several senior corporate development roles at PayPal, as a general partner.
Bert Kwan, formerly of Northstar Group and Standard Chartered Private Equity (SCPE), has joined Hong Kong-headquartered multi-asset investment firm Silverhorn as head of private equity.