Navis Capital Partners has launched a credit unit that will provide financing to companies in Asia that require growth capital but are reluctant to bring in equity investors.
Brett Sutton, a former partner at Affinity Equity Partners who was recruited by CVC Capital Partners last August to oversee the reestablishment of its Australia presence, will leave the firm at the end of the year.
British International Investment (BII), a UK development finance institution formerly known as CDC Group, has named 20-year private equity veteran Manav Bansal as its head of India.
Timothy Zee, a Singapore-based managing director with PAG whose primary responsibilities included deal sourcing and business development, has left the firm after 10 years.
Karthik Prabhakar, who joined Chiratae Ventures – then IDG Ventures India – as a senior analyst in 2011 and rose to the level of managing director and head of global fundraising, has announced his departure from the firm.
Paul Yang, KKR’s Greater China head, is moving to an advisory role as the private equity firm looks to appoint a replacement based full-time in mainland China.
Alicia Gregory, head of private equity at Australia’s Future Fund, has been promoted to deputy CIO with responsibility for private markets.
Clifford Chance has bolstered its Asia private funds offering with the recruitment of Liyong Xing, formerly a partner at Kirkland & Ellis.
Indian early-stage investor Anicut Capital has achieved a first close of INR 1.1bn (USD 14.2m) on its latest VC fund, which is targeting INR 5bn. It coincides with the nomination of a new partner.
The Blackstone Group has recruited Mark Glengarry, formerly of Anchorage Capital Group, as head of Asia Pacific origination for its credit business.
Franklin Templeton has appointed Patrick Vizzone as a managing director and head of agri-food for its Asia Pacific alternatives group. He will lead PE and VC investments in the space globally.
Singapore-based global financial technology investor Arbor Ventures has appointed Peter Sanborn, who formerly held several senior corporate development roles at PayPal, as a general partner.
Bert Kwan, formerly of Northstar Group and Standard Chartered Private Equity (SCPE), has joined Hong Kong-headquartered multi-asset investment firm Silverhorn as head of private equity.
Wellington Management has recruited Xiaying Zhang, formerly head of Hamilton Lane’s Singapore office, to lead fundraising efforts for its private investment strategies in Asia Pacific.
A shortage of fundraisers familiar with the high-net-worth segment is being keenly felt in Asia as global GPs look to raise more capital through private bank channels
Lightspeed India Partners has promoted Shuvi Shrivastava, Pinn Lawjindakul, and Rahul Taneja to partners with responsibility for early-stage investments.
Albert Shyy, formerly head of Asia at Burda Principal Investments (BPI), the investment arm of European technology and media company Hubert Burda Media, has joined Eurazeo in Singapore.
Martin Mok, a senior managing director with CVC Capital Partners in Hong Kong, has left the firm just over a year after his arrival from EQT.
Indonesia’s East Ventures has promoted Wai Kit Koh, one of the founders of Temasek Holdings’ Pavilion Capital, to managing partner.
Taiwan-based VC firm and accelerator AppWorks has established a dedicated Web3 arm and plans to launch its fourth flagship fund with a target of USD 360m in the second quarter of 2022.
Placement agent and fundraising advisor Rede Partners has opened an office in Hong Kong and appointed Charles Wan, formerly of Atlantic Pacific Capital, as Asia head.
David Chu, formerly of Los Angeles County Employees Retirement Association (LACERA), has become a partner at China-based Qiming Venture Partners with responsibility for fundraising and investor relations.
Nicole Musicco, a former Asia Pacific head of Ontario Teachers’ Pension Plan (OTPP), has been appointed CIO of California Public Employees’ Retirement System (CalPERS).
Singapore-based Monk’s Hill Ventures has appointed Jakarta native Susli Lie as a partner responsible for building the firm’s Indonesia business.