People
Hony Capital’s John Zhao becomes CVCA chairman
John Zhao, CEO of Hony Capital, has been elected to succeed Yichen Zhang, his counterpart at CITIC Capital, as chairman of the China Venture Capital and Private Equity Association (CVCA).
Blackstone appoints new senior managing director for India real estate
The Blackstone Group has promoted India-based Tuhin Parikh to senior managing director in its real estate division. He was previously a managing director.
Bain appoints ex-J.P. Morgan executive as senior advisor
Gaby Abdelnour has been appointed senior advisor to Bain Capital effective January 1. He retired as the Asia-Pacific chairman and CEO of J.P. Morgan in June, a position he held for the last six of his 14 years at the firm.
Shearman & Sterling elects new partner in Hong Kong
Global law firm Shearman & Sterling has promoted Sidharth Bhasin to partner in its Hong Kong office. He was formerly counsel.
Ascalon's Chuak Chan promoted from Asia head to CEO
Ascalon Capital Managers has appointed Chuak Chan as CEO. He joined the Australia-headquartered firm last year as head of Asia, having previously worked at Hong Kong hedge fund Segantii Capital Management, ING Investment Management and Bankers Trust in...
To pastures new: Asia PE people moves
A selection of the transfers, promotions, arrivals and departures in Asia's private equity community in 2012
General Atlantic appoints Apax's Sandeep Naik as India head
General Atlantic (GA) has appointed Sandeep Naik as managing director and head of its India office in Mumbai. Naik will lead GA’s investment advisory activity in the country, focusing on growth companies.
General Atlantic's Nash promoted in Singapore
General Atlantic (GA) has promoted Nick Nash, who co-launched the firm's Singapore office, to principal.
Asia Awards: VC Professional of the Year – Sanjeev Aggarwal
SanjeevAggarwal, managing partner at Helion Venture Partners, reflects on a successful fundraise, the popularity of Indian venture capital, and a portfolio that is becoming increasingly international
BlackRock hires head of Australia alternatives
BlackRock has hired Andrew Landman as its new head of alternatives in Australia.
China Merchants launches alternative investment subsidiary
China Merchants Group, a leading Chinese state-owned conglomerate, has launched a subsidiary to focus on alternative investments. The new entity - China Merchants Capital – currently manages RMB20 billion ($3.21 billion) in assets. This is expected...
Iris Capital opens offices in Tokyo and Beijing
Iris Capital has opened offices in Tokyo and Beijing as part of an international expansion which also sees the French venture capital firm open three offices in North America.
Ex-Carlyle Southeast Asia head joins CIMB
The former Southeast Asia head of The Carlyle Group, Anand Balasubrahmanyan, has joined Malaysia's CIMB Group, where he will have responsibility for the firm's private equity products.
Baird appoints Satoshi Matsumoto as Japan-focused MD
Baird has appointed Satoshi Matsumoto to its investment banking group as managing director and director of Japan M&A.
OPIC funds head Jay Koh to return to private sector
Jay Koh, head of investment funds and chief investment strategist at the Overseas Private Investment Corporation (OPIC), will leave the group at the end of November to return to the private sector. He will relocate to New York.
Mandarin Capital opens offices in Beijing, Munich
Sino-European private equity firm Mandarin Capital Partners is opening two new offices in Beijing and Munich, Alberto Forchielli, the firm's founding partner, told AVCJ. The moves come as the PE player is in the process of raising its EUR1 billion ($1.3...
Korean start-up accelerator appoints new GPs
Korean start-up accelerator SparkLabs has appointed Jay McCarthy and Awy Julianto as general partners. They are managing partner and general partner, respectively, at Singapore-based boutique M&A and financial advisory firm Pacific Advisors.
Alter Domus appoints new MD in Singapore
Fund administrator Alter Domus has appointed Tervinder Chal as country leader of its Singapore office. Before taking up his new role, Chal worked for PricewaterhouseCoopers and KPMG and then spent four years at Vastardis Capital Services where he was...
Silver Lake-owned Allyes names new CEO
Silver Lake-owned Allyes, a Chinese digital marketing company, has appointed Hanhua Wang as CEO, effective December 1. He replaces Eric Chen, a managing director at Silver Lake, who had been serving as interim CEO. Chen remains chairman of the Allyes...
Squadron’s Prasanna joins Morgan Creek in Shanghai
Anand Prasanna, known to many in the industry as Anand RP, will join Morgan Creek Capital Management as a director in their Shanghai office. He left his previous position as an investment director at Squadron Capital, an Asia-focused fund-of-funds, two...
AVCJ at 25: Turning points
To mark the 25th anniversary of Asian Venture Capital Journal, we highlight five key phases in the development of asset class in Asia and talk to the individuals involved. Two of the phases are births – of a sort – and the other three are crises,...
Cambridge Associates appoints new head of benchmark services
Cambridge Associates has appointed Richard L. Carson as director of benchmark services. He will oversee the ongoing expansion of the firm's private investment benchmarks, which currently include data from over 5000 private partnerships with more than...
DE Shaw downsizes India private equity business
DE Shaw, one of the world’s largest hedge funds, is said to be downsizing its private equity business in India, six years after launching operations in the country.
Q&A: EQT Partners' Martin Mok
Martin Mok, a Hong Kong-based partner at EQT Partners Asia, talks to AVCJ about what slowing economic growth and slowing public markets mean for private equity investors in China