People
StepStone adds partner in Beijing
StepStone Group, a provider of private markets advisory and asset management services to institutional investors, has promoted Beijing-based Vincent Hsu to partner.
General Atlantic seeks to leverage local presence in Indonesia
General Atlantic has opened an office in Indonesia, citing a need for an intensified local presence to leverage strong domestic growth trends in the firm’s core domains of technology, financial services, healthcare, and consumer.
Longreach promotes Takuya Sato to partner
The Longreach Group, a mid-market North Asia buyout firm that has a particular focus on Japan, has promoted Takuya Sato (pictured) to partner.
Bain & Co's Suvir Varma joins Campbell Lutyens as advisor
Placement agent Campbell Lutyens has appointed Suvir Varma, until recently head of Bain & Company’s financial investor practice in Asia Pacific, to its global advisory board.
Asian PE pioneer Randy Kwei dies
Randy Kwei, one of the early movers in Asian private equity and more recently an advisory partner at middle-market buyout firm Shaw Kwei & Partners, has died at the age of 83.
CDC appoints new managing director
CDC Group has named Stephen Priestley (pictured) as a new managing director with a focus on South Asia and Africa.
Värde promotes Asia credit head to partner
Värde Partners has promoted Haseeb Malik, a senior managing director based in its Singapore office and head of Asia corporate and traded credit, to partner. It is one of three senior promotions announced by the firm worldwide.
China VC firm Qiming announces promotions
China’s Qiming Venture Partners has announced the promotion of several staff members, including Stella Zhou (pictured), who is the first person to be elevated from associate to partner within the firm.
Australia's Funds SA hires Cameron Sinclair from Future Fund
Funds SA, which is responsible for investing on behalf of South Australia’s public-sector superannuation funds, has recruited Cameron Sinclair (pictured) from Future Fund to lead private equity and infrastructure activity.
Adrian Kerley leaves Australia's CSC for IFM
Adrian Kerley (pictured), the investment manager responsible for private markets at Australia’s Commonwealth Superannuation Corporation (CSC) will join the private equity team at IFM Investors in February.
Carlyle makes six promotions in Asia
The Carlyle Group has promoted Ling Yang, a managing director in the firm’s Shanghai office, to partner. Yang is one of 60 senior promotions announced by Carlyle worldwide, including six in the Asia buyout team.
Wooseok Jun to lead ICG Asia Pacific
Wooseok Jun, currently managing director and head of South Korea at Intermediate Capital Group (ICG), has been named head of Asia Pacific for the firm. He replaces Chris Heine, who retired at the end of 2018.
Macquarie's Luboff to head KKR Asia infrastructure business
KKR has named David Luboff, a former senior managing director of Macquarie Infrastructure and Real Assets (MIRA), to head its Asia infrastructure investment operations.
East Ventures appoints new partner
East Ventures has appointed Melisa Irene (pictured) as a partner. It is the firm’s first nomination of a woman to that position.
EQT promotes Brian Chang to partner in Singapore
EQT has confirmed the promotion of Singapore-based Brian Chang to partner. He will be responsible for mid-market activity in Asia.
Rohatyn's Korea team spins out
The Rohatyn Group’s (TRG) Korea team has spun out to form a new private equity firm called Elevation Equity Partners.
TA promotes India head Dhiraj Poddar
Dhiraj Poddar, a director for TA Associates who heads the GP’s India operations, has been promoted to managing director.
Singapore's Fullerton Fund Management creates PE team
Fullerton Fund Management (FFM), an Asia-focused multi-strategy investment firm controlled by Temasek Holdings, has appointed Huck Khim Tan to lead a newly established dedicated private equity team.
Australia's Advent promotes Rob Hooke to partner
Australian lower middle market private equity firm Advent Partners has promoted Rob Hooke to partner.
New faces, old faces: Asia PE people moves
A selection of the transfers, promotions, arrivals and departures in the private equity community in 2018
Talking points: 2018 in quotes
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 promotes Ray Zhao to partner
DCM, which targets venture capital investments in China, Japan, and the US, has promoted Beijing-based Ray Zhao to partner.
NZ Super appoints Stephen Gilmore as CIO
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 expands China footprint with Shanghai office
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.
