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B Capital taps Goldman Sachs talent for Asia push
B Capital Group has hired Sheila Patel, formerly the Singapore-based chairman of Goldman Sachs Asset Management, as a vice president amid a concerted Asian expansion drive.
Eight Roads adds partner to India team
Eight Roads Ventures has promoted Ashish Venkataramani to partner in India. It brings the firm's partner count across Bangalore and Mumbai to five.
Japan's Advantage adds renewables strategy
Japan’s Advantage Partners has broadened its investment scope with the introduction of a renewables and sustainability strategy.
Ex-CPPIB CEO joins board of Singapore investment firm
Mark Machin, formerly CEO of Canada Pension Plan Investment Board (CPPIB), has agreed to join Serendipity Capital, a Singapore-based investor specializing in financial services, as a non-executive director.
Apollo hires Evercore Asia head for IR role
Ian Bell, formerly head of the Asia Pacific private funds group at placement agent Evercore, has joined Apollo Global Management to lead fundraising and investor relations in the region.
Lucian Wu leaves HQ Capital
Secondaries specialist Lucian Wu has left his role as a managing director with HQ Capital in Hong Kong.
HarbourVest opens in Singapore, boosts Asia investment team
HarbourVest Partners has expanded its Asia footprint by adding an office in Singapore and strengthened its Hong Kong team with the recruitment of Lydia Hao from Neuberger Berman.
Bain & Co names Australia PE head
Bain & Company has appointed James Viles as head of its Australia private equity practice, a newly created role.
Paddy Sinha joins India government infrastructure fund
Paddy Sinha, formerly managing partner of Tata Opportunities Fund, has become executive director and CIO for private equity at India’s National Investment & Infrastructure Fund (NIIFL).
Yale's David Swensen dies aged 67
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.
Blackstone appoints leadership for Asia PE business
The Blackstone Group has moved Amit Dixit and Ed Huang into leadership positions in its Asia private equity business as part of a round of promotions within the division globally.
OCIO Partners Capital recruits Asia co-head
Global outsourced investment office (OCIO) Partners Capital has appointed Emmanuel Pitsilis, formerly a senior partner at McKinsey & Company, as managing director and co-head of Asia Pacific.
Australia's Quadrant loses growth fund head
Justin Ryan, a managing partner at Quadrant Private Equity and latterly head of the Australian firm’s growth strategy, is stepping back from day-to-day investment activity.
B Capital expands into China, raises follow-on fund
US and Singapore-headquartered VC investor B Capital Group has established a China presence and closed a late-stage follow-on fund of $415 million for existing portfolio companies.
Redpoint China promotes Kyle Liu to partner
Redpoint China Ventures has promoted Kyle Liu, who focuses on early-stage enterprise services and cutting-edge technology investments, to partner level.
Brookfield hires ex-Blackstone executive to lead China PE
Alex Yang, formerly a senior managing director at The Blackstone Group, has been recruited by Brookfield Asset Management to lead its private equity business in China.
China's GSR Ventures appoints first female managing director
Yutong Zhang has become the first woman to join the team of managing directors that leads Chinse VC firm GSR Ventures.
Shaw Kwei recruits managing director in Hong Kong
Shaw Kwei & Partners has recruited Paul DeMand, who brings three decades of operational experience in the automotive, electronics, and precision machining industries, as a managing director.
Singapore’s East Ventures takes over EV Growth
EV Growth, a joint venture between Singapore’s East Ventures, Indonesia’s SMDV and Japan’s YJ Capital, is dissolving its co-GP structure, with East Ventures taking over as the sole manager.
KIC appoints new private equity head
Korea Investment Corporation (KIC) has appointed Sungjun Song as head of its private equity division.
Affinity adds to China team
Affinity Equity Partners has recruited Sam Sun, previously a partner at Sequoia Capital, as a managing director based in Beijing.
LeapFrog names co-head of healthcare
Asia and Africa-focused impact investor LeapFrog Investments has recruited Biju Mohandas as a partner and global co-lead for healthcare.
COOs in Asia private equity: Horses for courses
The COO role is gradually becoming more prevalent in Asian private equity, but GPs struggle to find the right combination of financial skills and business acumen. The optimal candidate is often internal
KKR loses managing director in Singapore
Terence Lee, a managing director at KKR who leads technology, media and telecom (TMT) and growth equity investments in Southeast Asia, has left the firm.
