Australian lower middle market private equity firm Advent Partners has promoted Rob Hooke to partner.
A selection of the transfers, promotions, arrivals and departures in the private equity community in 2018
What industry participants had to say at AVCJ events on deployment during times of uncertainty, responding to technological disruption, spin-outs in China, portfolio diversification, and VC exits
DCM, which targets venture capital investments in China, Japan, and the US, has promoted Beijing-based Ray Zhao to partner.
New Zealand Superannuation Fund has named Stephen Gilmore (pictured), who was most recently chief investment strategist with Australia’s Future Fund, as its new CIO.
Eastspring Investment, a Singapore-based asset manager backed by Prudential, has opened a new office in Shanghai as part of an ongoing China expansion strategy.
Ardian has opened an office in South Korea – its fourth in Asia – in order to service the needs of a growing investor base in the region.
The Carlyle Group has named Tomofumi Matsuyama (pictured), a former executive at Morgan Stanley, as a managing director of its Japan buyout team.
Three of the four most senior members of the private equity team at Australia’s Future Fund – including PE head Steve Byrom – have departed to set up their own consulting firm that will advise global institutional investors looking to build exposure...
Finding talented personnel to source and execute investments remains the biggest challenge facing Asia’s private equity industry, GPs told the AVCJ Forum.
Private equity compensation rose across the board in Asia Pacific last year – a trend that is seen to reflect rising competition for talent as the number of firms and volume of capital in the region continues to grow.
Korea’s National Pension Service (NPS) has appointed Hyo-Joon Ahn as its new CIO after struggling for more than a year to find a permanent occupant for the role.
Asia-focused infrastructure investor Equis Group has appointed Damian Secen, a former senior managing director at Macquarie Infrastructure and Real Assets (MIRA), as a partner in its Singapore office.
California Public Employees’ Retirement System (CalPERS) has appointed Yu Ben Meng, who has spent the last three years as deputy CIO of China’s State Administration of Foreign Exchange (SAFE) as its new CIO.
The Australian Private Equity & Venture Capital Association (AVCAL) – which will be known as the Australian Investment Council from next year – has appointed its first chairperson from the local institutional investor community.
CHAMP Private Equity has exited Australian foreign exchange broker Pepperstone following a buyout by its founders, senior management and Fiona Lock, a managing director at the PE firm.
Franklin Templeton Investment and Asia Alternatives have agreed to form a joint venture that will provide bespoke global private equity fund-of-funds solutions.
Asia-focused infrastructure investor Equis Group has appointed Mark Warner, who previously led natural resources investments at the UTIMCO, the University of Texas and Texas A&M University endowment, as a partner.
Shailesh Rao (pictured), a former executive at Twitter and Google, has been named head of India and Southeast Asia for TPG Growth, the middle market investment platform of TPG Capital.
Vikram Nirula, a co-founder of Indian PE firm True North, has joined The Carlyle Group as a managing director responsible for private equity. He will be based in Mumbai and advise on Carlyle’s investment activities in India.
KKR has hired Kazuyuki Kido, who previously spent 20 years at SMBC Nikko Securities and Nikko Principal Investments, as a managing director in its Tokyo-based team.
The Abu Dhabi Investment Authority (ADIA) has hired Kabir Mathur, a former member of KKR’s Asia leadership team, to head its private equity investments in India and Southeast Asia.
Silicon Valley-based seed-stage accelerator Y Combinator (YC) has chosen Qi Lu, the former group president and COO of search giant Baidu, as the founding CEO of its China branch, YC China.
Malaysian sovereign wealth fund Khazanah Nasional has appointed Datuk Shahril Ridza Ridzuan, CEO of state-controlled Employees Provident Fund (EPF), as its new managing director.