People
Singapore's Wavemaker names new general partner
Singapore-based Wavemaker Partners has appointed Andy Hwang, an angel investor and start-up mentor transitioning into venture capital, as a general partner.
Fundraiser Atul Phull departs Everstone for UBS
Atul Phull, who spent nine years with India and Southeast Asia-focused private equity firm Everstone Group across two stints, has joined the private funds group at UBS as an executive director.
India's Jashvik Capital reaches first close on debut PE fund
India’s Jashvik Capital, a private equity firm set up by Naresh Patawari, formerly a partner at TA Associates, has achieved a first close of undisclosed size on its debut fund. The target is USD 350m.
Taking PE in-house: Less limited partners
Institutional investors continue to pursue more active roles in private equity, even as a souring macro backdrop makes the game harder to play. Talent is always the key variable
Carlyle poaches Morrison's Australia, New Zealand co-head
The Carlyle Group has appointed Geoff Hutchinson, formerly of Morrison & Co. and Pacific Equity Partners (PEP) as a managing director and head of private equity for Australia and New Zealand.
Permira recruits India head from Warburg Pincus
Permira has established a presence in India and recruited Siddharth Narayan, who previously spent a decade at Warburg Pincus, as country head.
Advantage recruits partner, co-head for Asia ex-Japan
Japan’s Advantage Partners has hired Rahul Bhargava, previously of ADV Partners, as a partner and co-head of Asia ex-Japan. It coincides with the acquisition of a Japanese jewellery industry supplier.
Partners Group looks to grow Australia investment team
Martin Scott, head of Australia at Partners Group, is taking on an expanded, investment-focused role as the firm looks to put more capital to work in Australia and New Zealand.
Goldman hires ex-PEP dealmaker for Australia, New Zealand
Goldman Sachs has recruited David Grayce, formerly of Pacific Equity Partners, as part of efforts to expand its private investing business in Australia and New Zealand.
Mirae Asset recruits OneVentures director for Australia coverage
Mirae Asset Global Investments has expanded its Australian alternatives team with the recruitment of James McGrath, formerly an investment director at local VC firm OneVentures.
India's TVS Capital recruits managing partner from Flourish
Anuradha Ramachandran, who was previously an India-based director at financial technology specialist Flourish Ventures, has joined TVS Capital Funds as a managing partner.
OTPP opens Mumbai office
Ontario Teachers’ Pension Plan (OTPP) has opened an office in Mumbai, adding India to an Asian footprint that currently includes bases in Hong Kong and Singapore.
HarbourVest opens Australia office
HarbourVest Partners has opened an office in Sydney on the back of claimed recent success in cultivating institutional and private wealth clients in Australia and New Zealand.
ICI signals growing climate agenda in Asia PE
Initative Climat International (ICI), a private equity community dedicated to stemming global warming, has launched an Asia Pacific chapter, signalling a growing regional commitment to climate issues.
GrowX team seeks $100m for spinout India VC fund
The team behind Indian angel investor GrowX Ventures has launched a separate fund targeting USD 100m under the name Merak Ventures.
Korea's KIC names Hoon Lee as CIO
Korea Investment Corporation (KIC) has appointed Hoon Lee, previously head of its investment strategy and innovation division, as CIO.
Partners Group appoints Japan private equity head
Partners Group has initiated full-scale coverage of Japan’s private equity market with the recruitment of Tatsuya Ochi to lead local operations for the asset class.
US private debt player Waterfall launches in Hong Kong
Waterfall Asset Management, a US alternatives manager primarily active in the private debt space, has established an Asia presence with the opening of an office in Hong Kong.
Carlyle CEO Kewsong Lee steps down
Kewsong Lee has resigned as CEO of The Carlyle Group just over two years since assuming the role on a solo basis, with co-founder Bill Conway taking over in an interim capacity.
Thailand's SCB 10X appoints Mukaya Panich as CEO
SCB 10X, the VC arm of Thailand’s Siam Commercial Bank, has appointed Mukaya Panich, its chief investment and venture officer, as CEO.
EmergeVest co-founder joins VI to launch credit strategy
A three-person team from EmergeVest, including co-founder Roger Moh, has moved to Hong Kong-based VI Asset Management to launch a private credit strategy.
India's ChrysCapital adds US-based operating partner
India's ChrysCapital Partners has appointed Sanjay Jalona, formerly CEO of the IT division of Indian engineering conglomerate Larsen & Toubro, as an operating partner based in the US.
Navis enters Asia credit space
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 to leave role as CVC's Australia chair
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.