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Carlyle appoints SE Asia head, fires Indonesia deal-maker
The Carlyle Group has promoted Sunil Kaul to head of its Southeast Asia buyout operations following the sacking of Indonesia-focused Rajiv Louis, who was sanctioned for insider-trading activities while working at UBS.
India-focused ASK Capital names Evan Gallagher as CEO
India’s ASK Group has appointed Evan Gallagher, formerly of IDFC Alternatives, as CEO of Singapore-based ASK Capital Management.
Profile: Phronesis Partners' Tomoya Shiraishi
Having worked on one of Japan’s biggest-ever deals with Permira, Tomoya Shiraishi returned to his small-cap growth buyout roots with Phronesis Partners – with a bit of venture philanthropy in between
Vertex Ventures appoints India head
Vertex Ventures, a VC firm controlled by Singapore’s Temasek Holdings, has appointed Ben Mathias as managing director and head of India. He joins from New Enterprise Associates.
CDIB Capital appoints Steven Wu as managing director
CDIB Capital, the PE arm of Taiwan’s China Development Financial (CDF), has appointed Steven Wu as managing director.
Asia PE recruitment: Building blocks
As private equity continues to evolve in Asia, GPs want to recruit people with a wider array of talents – but industry participants are split on what skills these new hires should focus upon, and where to find them
LP interview: International Finance Corporation
The International Finance Corporation helps emerging managers in frontier markets get off the ground. However, the current priority is to back more established managers in more established markets
VIDEO: Bain Capital's Stephen Pagliuca
Bain Capital’s strategy of raising funds that are smaller than those of its longstanding industry peers has been beneficial in terms of generating co-investment opportunities, says Stephen Pagliuca, a managing director at the firm
Q&A: PRI's Fiona Reynolds
The UN-sponsored Principles for Responsible Investment (PRI) initiative has extended its coverage into private equity in recent years. Managing Director Fiona Reynolds offers a snapshot of her findings
OTPP names Nicole Musicco as Asia head
Ontario Teachers' Pension Plan (OTPP) has appointed Nicole Musicco as managing director for Asia-Pacific and head of the Hong Kong office.
Ratan Tata joins IDG Ventures India as advisor
Ratan Tata - chairman emeritus of Tata Sons, holding company for India conglomerate Tata Group - has joined IDG Ventures India as a senior advisor.
Q&A: Warburg Pincus' Charles R. Kaye
Charles R. Kaye, co-CEO at Warburg Pincus, discusses the growing importance of Asia to his firm, valuation bubbles in the technology space, and changes in the GP-LP relationship
Auda to be brought under HQ Capital brand
Auda International, the private equity arm of the Harald Quandt family, has been folded under the HQ Capital brand alongside its sister alternative investment businesses.
CITIC Capital appoints healthcare specialist
CITIC Capital Partners has appointed Haipeng Zhang as a senior managing director, with the intent of focusing on healthcare investments.
Carlyle's Siewert steps down from China Fishery board
Patrick Siewert, the representative of The Carlyle Group on the board of China Fishery Group, has stepped down from the board.
VIDEO: Warburg Pincus' Charles R. Kaye
Twenty years after Warburg Pincus set up shop in Asia, the region accounts for one third of the firm’s headcount and approximately one third of its most recent global fund. However, Charles R. Kaye, co-CEO of Warburg Pincus, is non-committal when asked...
Softbank's Nikesh Arora commits $482 million to the firm
Softbank President and COO Nikesh Arora has invested JPY60 billion ($482 million) in the firm in a personal stock market transaction.
TPG’s Ben Gray to start his own PE firm
Ben Gray, managing partner at TPG Capital, is preparing to set up his own private equity firm focused on investment opportunities in Australia.
Profile: BPI's Dennis Montecillo
After 15 years spent advising PE firms in Asia, Dennis Montecillo has returned to his native country as executive vice president with the Bank of the Philippine Islands (BPI). The timing could not be better
CVC appoints Steve Lim as South Korea chairman
CVC Capital Partners has hired Steve Lim, former CEO and managing director of JP Morgan in South Korea, as its chairman in the country.
Quvat's Tom Lembong made Indonesia trade minister
Tom Lembong, former CEO and managing partner of Quvat Capital, has been made Indonesia's trade minister as part of a broader cabinet reshuffle by President Joko Widodo.
Q&A: Terra Firma's Guy Hands
As Terra Firma prepares to return to market, Guy Hands, the firm’s founder and chairman, explains why the changing GP-LP dynamic requires more flexibility on structures and fees, and GPs with more skin in the game
Anjali Bansal hired as Asia, Africa partner at TPG Growth
TPG Growth - the mid-market growth equity platform of TPG Capital - has hired Anjali Bansal as partner and managing director. She will focus on human resources in Asia and Africa.
Blackstone's Michael Chae appointed to CFO role
The Blackstone Group has appointed its international private equity head Michael Chae to be CFO, replacing Laurence Tosi.