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Ex-Headland partner joins China growth investor CRE Alliance
William Shen, formerly head of Greater China at Headland Capital Partners, has become CEO of CRE Alliance, a private equity joint venture between China Resources Enterprise (CRE) and Great Wall Asset Management.
C-Bridge hires ex-GSK executive as senior partner
C-Bridge Capital, a Chinese healthcare-focused private equity firm, has appointed Abbas Hussain, who was most recently global president for pharmaceuticals and vaccines at GlaxoSmithKline (GSK), as a senior partner.
InnoVen names ex-GE executive as new CEO
Temasek Holdings-backed venture debt firm InnoVen Capital has named Ashish Sharma (pictured), former CEO and president of GE Capital India, the CEO of its India arm.
India's Tata Capital names True North partner as CEO
Rajiv Sabharwal (pictured), a partner at Indian PE firm True North, has been named CEO of Tata Capital, the financial services and private equity subsidiary of Indian conglomerate Tata Group.
MBK hires Deutsche executive to co-lead credit strategy
North Asia-focused buyout player MBK Partners has hired Stephen Le, formerly of Deutsche Bank, to co-head a newly-launched fund that will make credit and special situations investments.
China Renaissance recruits ex-GA executive for PE unit
China Renaissance Group has appointed Ke Wei, formerly a managing director at General Atlantic (GA), as a partner in its private equity investment platform, known as the New Economy Fund.
EMPEA hires KKR's former Asia public affairs head
Steven Okun, until recently KKR’s director of public affairs for Asia Pacific, has been appointed ASEAN representative for EMPEA, a global industry association for private capital in emerging markets.
CITIC Private Equity recruits ex-CalPERS PE head
Réal Desrochers, formerly head of private equity at the California Public Employees’ Retirement System (CalPERS), has joined Beijing-based CITIC Private Equity (CITIC PE) as a managing director.
Succession planning: Ending an era
Succession planning is quickly becoming a strategic priority across Asia Pacific. In Australia, GPs are looking into a number of different ways to make it work
TPG hires Chang Sun as China head
TPG Capital has appointed Chang Sun, who spent 20 years at Warburg Pincus in China before setting up agriculture-focused PE firm Black Soil, as its managing partner for China.
Jeneration Capital hires former Coatue Asia head
Jeneration Capital Management, which sources the bulk of its funding from Chinese technology entrepreneurs, has appointed Tony Zhang as a partner. He was previously head of Asia at Coatue Management.
Blackstone hires ex-JP Morgan banker as Japan chairman
The Blackstone Group has appointed Katsuyuki Kuki, who previously spent nine years as an investment banker with J.P. Morgan, as its chairman and representative director for Japan.
Partners Group appoints Japan head
Partners Group has appointed Shunsuke Tanahashi (pictured) as head of the private equity firm’s Japanese business.
Aberdeen Standard Investments names new China head
Aberdeen Standard Investments, a new global asset manager created by the merger of Aberdeen Asset Management and Standard Life Investments, has named a China head to strengthen the firm’s relationships with Chinese investors.
KKR opens Shanghai office
KKR has opened an office in Shanghai, its third base in Greater China and eighth in Asia Pacific. The move comes two months after the firm closed its third pan-regional fund at $9.3 billion.
General Atlantic hires ex-ambassador to boost SE Asia coverage
General Atlantic has named its second Asia-based special advisor in a month with the appointment of John A. Prasetio (pictured) to help develop business opportunities in Southeast Asia, with a particular focus on Indonesia.
Korea's NPS loses CIO
The CIO of South Korea’s National Pension Service (NPS) has submitted his resignation, seven months before the end of his two-year tenure.
Hamilton Lane opens Australia office
Hamilton Lane has opened an office in Sydney and hired James Martin, who previously spent five years at Partners Group focusing on institutional sales and deal origination, to lead local operations.
KKR's Joe Bae elevated to senior leadership role
Joe Bae (pictured), who has spent the last 12 years building out KKR’s Asian operation, has been named co-president and co-COO of the firm as co-founders Henry Kravis and George Roberts prepare to hand over leadership to the next generation.
PE executives in government: Late to the party
With private equity executives playing an unprecedented role in the Trump administration, the advantages that PE can bring to government – and vice versa – has come into the spotlight
General Atlantic names ex-HKMA executive as special advisor
General Atlantic has appointed Yong Hak Huh, founder and CEO of First Bridge Strategies and formerly CIO of private markets and direct investment at the Hong Kong Monetary Authority (HKMA), as a special advisor.
Deutsche's Jason Sambanju launches secondaries firm
Jason Sambanju, the former head of Asian private equity secondaries at Deutsche Bank, has launched his own investment firm – Foundation Private Equity – which will pursue secondary opportunities in the region.
NewQuest opens India office
Dedicated Asia secondaries investor NewQuest Capital Partners has opened an office in Mumbai, its third in the region. The firm has invested $200 million in India over the last two years and expects its investment pace to increase in the near term.
KKR hires Blackstone MD to lead Japan capital markets team
KKR has selected Go Yamashita, a former managing director with The Blackstone Group, to head the KKR Capital Markets (KCM) team in Japan.