Joe Bae, who was responsible for establishing KKR’s Asian operation, has been named co-CEO of the firm as co-founders Henry Kravis and George Roberts complete the handover to the next generation.
Goodwin has recruited Phil Culhane and Elyn Xing, who previously worked together at Simpson Thacher, as Asia-based partners in its private investment funds practice.
Ajay Relan, one of the pioneers of private equity in India, has died at the age of 67.
EQT has hired Tetsuro Onitsuka, formerly of Japan Post Investment Corporation (JPIC) and TPG Capital, as head of Japan private equity as it continues to build out a local presence in the country.
Patrick Boocock, a managing partner at Brookfield Asset Management who led the firm’s investment and asset management activities in Asia, has moved to newly listed CapitaLand Investments (CLI).
CVC Capital Partners is returning to the Australia market with the recruitment of Brett Sutton, formerly of Affinity Equity Partners, as country chair.
Indian venture capital firm 3one4 Capital has elevated Anurag Ramdasan to partner level, alongside a rush of more junior promotions.
Antler is extending an aggressive expansion with the opening of a Korean office. The Singapore-based incubator and VC investor has set up 11 overseas bases since its inception in 2017.
Lazard has recruited Patrick No, formerly head of Asia financial sponsors coverage at Credit Suisse, as a managing director in its private capital advisory group.
DSG Consumer Partners, which focuses on early-stage consumer investments in India and Southeast Asia, has appointed Sameer Mehta as an investment director and head of Southeast Asia.
Suyi Kim, head of Asia Pacific at Canada Pension Plan Investment Board (CPPIB), has been named senior managing director and global head of private equity.
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 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 Partners has broadened its investment scope with the introduction of a renewables and sustainability strategy.
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.
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.
Secondaries specialist Lucian Wu has left his role as a managing director with HQ Capital in Hong Kong.
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 & Company has appointed James Viles as head of its Australia private equity practice, a newly created role.
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).
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.
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.
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.
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.