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Blackstone's India co-head leaves to run own firm
Matthew Cyriac (pictured), co-head of The Blackstone Group’s India private equity team, has left the firm to run his own asset management business.
Former SCPE ASEAN head Bert Kwan joins Northstar
Bert Kwan, who served as head of ASEAN private equity at Standard Chartered Private Equity (SCPE) until November of last year, has joined Northstar Group as a managing director.
Wipro executive to become CIO of India's Premji Invest
T.K. Kurien, the vice-chairman of Indian IT services company Wipro Group, has been named managing partner and chief investment officer at Premji Invest, the family office of Wipro chairman Azim Premji (pictured).
Ex-HarbourVest Asia head nominated for US navy secretary
President Donald Trump has announced that Philip Bilden, who previously led the Asia operation of HarbourVest Partners, will be his nominee for US navy secretary.
Baird Capital appoints Asia partner
Baird Capital, the direct private investment arm of Robert W. Baird & Co, has recruited Andy Tse, formerly managing director of AIF Capital, as a partner.
Skadden hires Asia fund formation partner from Ropes
Skadden has appointed Geoffrey Chan, formerly head of the Asia private investment funds practice at Ropes & Gray, as partner and head of its Asia Pacific investment management practice.
Carlyle promotes SE Asia buyout head Sunil Kaul to partner
The Carlyle Group has promoted Sunil Kaul (pictured), who leads buyout operations in Southeast Asia, from managing director to partner. His is one of 62 senior promotions announced by the firm, of which 15 are Asia-based professionals.
Korea Teachers' Pension appoints new CIO
Korea Teachers’ Pension has appointed David Park, formerly CIO of Allianz Life Insurance Korea, as its new chief investment officer. His two-year term began on January 2.
HarbourVest's Kelvin Yap promoted to managing director
HarbourVest Partners has promoted Hong Kong-based Kelvin Yap, who focuses on growth equity and buyout investments in Asia Pacific, to managing director.
Zeitgeist: 2016 in quotes
What industry participants had to say at AVCJ events on issues ranging from value-add admidst economic volatility to China tech unicorns and raising capital from family offices
To pastures new: Asia PE people moves
A selection of the transfers, promotions, arrivals and departures in the private equity community in 2016
Mandarin expands European team
Europe-Asia cross-border focused PE firm Mandarin Capital Partners has hired Inna Gehrt and Andrea Tuccio for its German and Italian offices, respectively.
Baring PE Asia MD Bala Naidu departs firm
Bala Naidu, an India-based managing director at Baring Private Equity Asia, has left the GP to start his own PE firm.
General Atlantic promotes two Asia PE professionals
General Atlantic has promoted Mumbai-based Shantanu Rastogi and Hong Kong-based Erin Chang.
OTPP promotes Jo Taylor to international managing director
Ontario Teachers’ Pension Plan (OTPP) has promoted Jo Taylor to senior international managing director. He will also serve as interim head of Asia Pacific as Nicole Musicco, the current head, returns to Toronto to lead OTPP's public equities unit.
China's CITIC PE creates training program for portfolio executives
Chinese GP CITIC Private Equity has teamed up with Yale School of Management to provide customized management training courses to senior executives from its portfolio companies.
Australia's IFM opens Hong Kong office
IFM Investors, an investment manager owned by 29 Australian superannuation funds, has opened an office in Hong Kong and been granted a license by the Securities & Futures Commission.
Actis opens Hong Kong office to focus on IR, client services
Actis has opened an office in Hong Kong that will primarily be used for investor relations and client services activities in Asia, including Australia and New Zealand. The firm already has bases in Beijing and Mumbai.
Singapore's GIC makes changes to senior leadership
Singapore’s GIC Private has promoted Chow-Kiat Lim, currently its group chief investment officer, to the post of CEO, replacing Siong-Guan Lim, who will retire.
Timeliness the key to value-add – AVCJ Forum
PE investors must focus on speed and forward planning when implementing strategies across team building, operational improvements and crisis management, industry participants told the AVCJ Forum in Hong Kong.
Ex-Shoreline executives reform as ShoreVest, target China NPLs
ShoreVest Capital Partners is bidding on its first Chinese non-performing loan (NPL) portfolios since the core team members departed Shoreline Capital.
Shaw Kwei makes appointments in Hong Kong, New York
Shaw Kwei & Partners has appointed Peter Ko as managing director in the firm’s Hong Kong office and David Hudson as senior advisor in New York.
Joe Stevens, Bert Kwan leave Standard Chartered PE
Standard Chartered Private Equity (SCPE) CEO Joe Stevens and Bert Kwan, who was responsible for investment activity in Southeast Asia, have both left the firm. This leaves Nainesh Jaisingh in sole charge of the bank’s PE unit.
ADIA to open Hong Kong office
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund of the government of Abu Dhabi, has announced plans to open an office in Hong Kong.