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DFJ-owned Wavemaker bolsters Southeast Asia team
Singapore-based early stage VC Wavemaker Pacific - a member of the DFJ Global Network - has appointed two tech entrepreneurs, Dennis Goh and Nix Nolledo, to its investment team.
China sovereign fund chairman moves to CICC
Xuedong Ding, chairman and CEO of China Investment Corporation (CIC), has moved to investment bank China International Capital Corporation (CICC) as its new chairman.
Singapore’s Infocomm Investments extends reach to Europe
Infocomm Investments, a VC arm of the Singapore government-backed Infocomm Development Authority (IDA), has opened an office in London, its second overseas base after Silicon Valley.
Advent hires ex-Evonik China president for chemicals coverage
Advent International has hired Dr Dahai Yu - the former president of Evonik China - as operating partner to cover its investments in the chemicals sector.
Profile: JFDI.Asia's Hugh Mason
As co-founder of Singapore-based JFDI.Asia, Hugh Mason has been at the vanguard of the Asia tech accelerator movement since 2010. But his record as an entrepreneur and innovator goes back further
MVision hires two managing directors in Hong Kong
Placement agent MVision has hired Michelle Paisley and Dennis Kwan as managing directors in its Hong Kong office. They will join founder and CEO, Mounir Guen, who recently moved to Hong Kong to lead the firm's Asia expansion.
Levin Zhu resigns as CEO of CICC
Levin Zhu, son of former Chinese premier Zhu Rongji, has resigned as CEO and chairman of the management in China International Capital Corporation (CICC) after 16 years.
Singtel Innov8's Bao Bean joins SOS Ventures
William Bao Bean, formerly managing director with corporate venture unit Singtel Innov8, has joined SOS Ventures as its investment partner in China.
Avenue Capital bolsters Asia team ahead of planned fundraise
Avenue Capital Group has hired two executives from PAG – Anil Gorthy and Dan Galanter – to lead its Asia business, with a new regional fund planned for the coming year.
Canaan's Khanna to launch India venture debt fund
Canaan Partners Managing Director Rahul Khanna is to launch a INR3 billion ($49 million) debt fund aimed at supporting early-stage and established technology ventures in India.
KKR restructures Asia leadership team
David Liu and Ming Lu have been appointed co-heads of Asia private equity at KKR as several members of the firm’s leadership team across the region assume additional responsibilities. Joe Bae remains head of KKR Asia and chairman of the regional investment...
Profile: Advantage Partners' Richard Folsom
For the past 30 years Advantage Partners co-founder Richard Folsom has enjoyed a front-row seat on the inner workings Japan's corporate world - here he shares his insights.
CalPERS names new CIO
California Public Employees' Retirement System (CalPERS) has announced Ted Eliopoulos as its new chief investment officer. He currently occupies the role in an interim capacity, having previously served as senior investment officer for real assets.
TA Associates hires Naresh Patwari as Mumbai office director
TA Associates has hired Naresh Patwari as a director in its Mumbai office to focus on growth equity investments in India and other emerging markets.
KKR loses India private equity head
Heramb Hajarnavis, a director and leader of KKR’s private equity business in India, is leaving the firm to pursue other opportunities.
State Street names new Asia alternatives head
State Street Corporation has appointed Bob Keogh as head of alternative investment solutions for Asia Pacific. Based in Hong Kong, he will assume responsibility for servicing private equity, hedge fund and real estate managers.
Australia's Future Fund promotes infrastructure head to CIO
Australia’s Future Fund has appointed Raphael Arndt as chief investment officer. He was previously head of infrastructure and timberlands with the sovereign wealth fund.
Gulpreet Kohli to leave India's ChrysCapital
Gulpreet Kohli, the managing director at ChrysCapital Partners primarily responsible for fundraising, is leaving the firm. The Indian GP informed LPs of his impending departure last week.
Profile: Kaizen Private Equity's Sandeep Aneja
As founder and managing director of Asia’s only education-focused GP, Sandeep Aneja has found that a career in private equity can be a much about finding questions as funding answers
KKR appoints Indonesia head
KKR has appointed Jaka Prasetya, former managing partner and founder of Leafgreen Capital Partners, as managing director with responsibility for Indonesia. He will also work on the firm’s credit and special situations initiatives in Southeast Asia.
Internal strife returns to China’s NVC Lighting
NVC Lighting, a Chinese lightning products manufacturer backed by SAIF Partners and Goldman Sachs, has once again run into corporate governance problems as its founder and CEO refused to accept a board resolution that he step down.
Everstone names ex-Goldman executive as CEO
India and Southeast Asia-focused GP Everstone has hired L. Brooks Entwistle,formerly of Goldman Sachs, as a partner and group CEO.
Q&A: Blackstone's Angelo Acconcia
The Blackstone Group has entered Southeast Asia's oil and gas space with an $800 million commitment to Tamarind Energy. Angelo Acconcia, managing director at Blackstone Energy Partners, explains the rationale
MVision CEO to move from London to Hong Kong
Mounir Guen, founder and CEO of placement agent MVision is relocating from London to Hong Kong in order to lead the firm’s expansion in Asia.