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India's Multiples loses CFO Prakash Nene
Prakash Nene, the managing director and CFO of Indian PE firm Multiples Alternate Asset Management, has resigned from the firm citing personal reasons.
TPG hires Blackstone executive in Australia
TPG Capital has hired Malcolm Jackson, who currently works for The Blackstone Group in Singapore, as a managing director in its Australia and New Zealand team.
Eight Roads India adds Goldman's Bhatia as partner
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has added Shweta Bhatia, formerly of Goldman Sachs, as a partner in its India office.
Ryan Shelswell to replace Chris Heine as ICG's Asia head
Ryan Shelswell has been named head of Asia Pacific at Intermediate Capital Group (ICG), succeeding Chris Heine, who will retire from the company.
China’s Source Code hires former Commonfund Asia head
Jireh Li, formerly chief representative for Asia at US-based fund-of-funds Commonfund Capital, has joined Chinese venture capital firm Source Code Capital as an executive director.
Qiming appoints Steven Hu as partner
Qiming Venture Partners has rehired a former partner, Steven Hu (pictured), as a partner focused on investment in the internet and consumer sectors.
Secondaries: Holding patterns
Advisory firms focused on private equity secondaries are confident that Asia will fulfill its potential as an expansion market for their services. They will not be able to effectively seize the opportunity remotely
India’s Brand Capital appoints CEO
Brand Capital, an investment arm of India’s The Times Group, has named Sam Subramaniam as its CEO.
Australia's Future Fund creates chief technology officer role
Australia’s Future Fund plans to hire a chief technology officer (CTO), part of whose remit will be to work with the investment team to develop technology solutions that support investment decision-making.
Augentius appoints new Asia head
Fund administrator Augentius has appointed Jimmy Leong as managing director for Asia following the departure of Alexander Traub to Alter Domus.
HarbourVest adds managing director in Hong Kong
HarbourVest Partners has promoted Till Burges, who covers primary investments out of the firm’s Hong Kong office, to managing director.
Sea’s Nick Nash to step down, launch VC firm
Nick Nash (pictured), group president of Singapore-headquartered mobile internet and gaming platform Sea, will step down at the end of 2018 to launch his own regional VC firm.
Abraaj founder steps back as part of governance review
Arif Naqvi, founder of The Abraaj Group, has stepped back from the fund management business as part of changes to the firm’s governance and operating model. This comes after LPs expressed concerns that a healthcare fund had been misused.
Ardian opens Japan office to capture local LP interest in alternatives
Ardian has opened an office in Tokyo - its third in Asia - with a view to capitalizing on growing demand for exposure to alternatives, including private equity, from Japanese institutional investors.
Co-founder of Chinese GP Ascendent to leave firm
Kevin Zhang, one of the two co-founders of Chinese middle market private equity firm Ascendent Capital Partners, is retiring from the firm. He is understood to be planning to establish his own family office.
CVC's Japan president to join Toshiba
Nobuaki Kurumatani, who has been president of CVC Capital Partners’ Japan operation for less than a year, is departing to become chairman and CEO of Toshiba Corporation.
Blackstone makes leadership team changes
The Blackstone Group has shuffled its senior leadership – with Tony James, the firm’s president and COO, handing over day-to-day management duties to global real estate head Jon Gray – as part of efforts to address succession planning.
Monk's Hill names new Malaysia venture partner
Singapore-based Monk’s Hill Ventures has engaged Mohd Ridzwan (Reez) Nordin as a Malaysia-based venture partner.
Apollo's Mintoo Bhandari to step back from India leadership
Mintoo Bhandari (pictured), the head of India for Apollo Global Management, is planning to scale back his involvement at the firm to focus on social impact investing.
Monument hires ex-Bain IR executive in Japan
Placement agent Monument Group has appointed Kay Sano (pictured) as a representative director in its Tokyo office. She was previously a Japan-based vice president with Bain Capital Private Equity.
Cooley hires fund formation partner in Beijing
Cooley has hired Xun Zeng as a resident partner in its newly opened Beijing office. Zeng joins from Ropes & Gray in Hong Kong, where she was a counsel in the private investment funds group.
China’s Shunwei Capital appoints new partner
Chris Lai, formerly a venture partner at China-focused Sinovation Ventures, has joined Shunwei Capital Partners, a VC firm set up by Xiaomi founder Lei Jun, as a partner.
Asia private equity veteran Veronica John dies at 53
Veronica John, a longstanding emerging markets investor, has died following a battle with cancer. She was 53.
Carlyle hires Goldman executive for China growth deals
The Carlyle Group has hired Wanlian Liu from Goldman Sachs to lead the firm’s growth investments in China as a managing director.
