Suzanne Tavill, a Sydney-based managing director with StepStone Group, has been elevated to partner. It was one of four partner-level promotions made by the firm globally.
The Tata Opportunities Fund (TOF) team is poised to spin-out after Tata Capital – a wholly-owned unit of India’s Tata Group – decided it did not want to continue sponsoring the franchise for a second fund.
EQT Partners has opened an Australia and New Zealand-focused office in Sydney as part of a broader Asia Pacific expansion agenda.
Kazushige Kobayashi (pictured), a Tokyo-based managing director at Capital Dynamics and head of primaries coverage in Asia, is departing the firm after nearly 10 years.
David Neal, who has spent the last six years as CEO of Australia’s Future Fund, will succeed Brett Himbury as head of IFM Investors.
Private equity firms in Asia are paying more attention to recruitment at the portfolio level, in some cases allocating dedicated in-house resources. How is it impacting attitudes towards leadership change?
Bert Kwan (pictured) has left his role as a managing director with Southeast Asia-focused Northstar Group to launch an investment platform with M&A advisory firm BDA Partners that will initially concentrate on Vietnam.
Indonesia’s East Ventures has appointed Triawan Munaf (pictured left), a former member of President Joko Widodo’s cabinet, as a venture advisor.
Vietnam-based Mekong Capital has named Nguyen Thi Minh Giang (pictured, third right) as a partner with responsibility for talent and culture. It brings the number of partners at the firm to four.
Brett Sutton, who leads Affinity Equity Partners’ operations in Australia, has resigned from the firm after more than 15 years of service.
Grace Lee (pictured), has been appointed COO at Qiming Venture Partners, in addition to her existing roles as a partner and CFO – one of several people moves within the Chinese venture capital firm.
Aditya Sharma, who makes investments in India for TA Associates, has been promoted from senior vice president to principal.
A selection of the transfers, promotions, arrivals and departures in the private equity community in 2019
Filter Capital, an Indian private equity firm established last year by ex-Warburg Pincus executive Nitin Nayar, has appointed Sumit Sinha as a co-founder and managing partner.
The Blackstone Group has promoted Amit Jain to partner and senior managing director covering India, effective January 1.
Lefei Sun, who helped establish and now leads General Atlantic’s healthcare and life sciences business in China, has been promoted to managing director.
Apollo Global Management has appointed Tetsuji Okamoto, previously of Bain Capital, as head of Japan to lead the buildout of its private equity business in the country.
Chung Ho Park, a member of KKR’s private equity team and co-head of the firm’s Korea business, has been promoted to partner level. A further seven Asia-based professionals, across different strategies, were named managing directors.
India and Singapore-based Everstone Group has named Alok Oberoi (pictured), a former executive at Goldman Sachs, as executive chairman, effective from 2020.
Hamilton Lane has named Mingchen Xia (pictured) and Collwyn Tan as co-heads of the firm’s investment business in Asia. They already cover fund investments and co-investments, respectively, in the region.
DTCP, a Germany-based VC firm controlled by Deutsche Telekom and Korea’s SK Telecom, has opened its first Asian office in Seoul.
Motoya Kitamura, previously managing partner of Japanese secondaries investor AB Value Capital Partners, has joined HQ Capital as a managing director.
Nadiem Makarim, co-founder and CEO of Indonesia’s Go-Jek, has stepped down from his duties at the ride-hailing and online services platform to assume a high-level government position.
HarbourVest Partners has appointed Warwick Mancini as a principal with responsibility for investor relations in Australia and New Zealand.