People
Northern Trust announces new appointments
Northern Trust has promoted Brad Dorchinecz to director of private equity as part of a raft of major appointments intended to strengthen its alternative investments business.
VIDEO: CLSA Capital Partners' Christopher Seaver
Why are you still captive? Christopher Seaver, CEO of CLSA Capital Partners, is asked this question by LPs all the time. And the answer is rooted in parent company CLSA’s history as an independent brokerage and research house, albeit with a few investment...
NEA hires Carmen Chang as advisor
Venture capital firm New Enterprise Associates (NEA) has appointed Carmen Chang to the role of special senior advisor. Chang joins NEA from US law firm Wilson Sonsini Goodrich & Rosati (WSGR).
CDC appoints ex-Actis partner head of direct investment
CDC Group, the UK development finance institution that targets private equity investments in South Asia and sub-Saharan Africa, has appointed Mark Pay to head up its direct investments division. Pay is rejoining the group, having departed in 2004 as part...
Former GKN CEO joins Unitas Capital as partner
Unitas Capital has appointed Sir Kevin Smith as a partner of the firm. Formerly CEO of GKN, a FTSE100-listed global engineering and manufacturing company, Smith will be based in Hong Kong and work closely with existing executives and portfolio companies.
Portman Holdings opens Hong Kong office
Portman Holdings, an international real estate company, has announced the opening of its Hong Kong office, with the hire of Stanley Chin as a managing director for Greater China.
Jones Lang LaSalle announces new Japan head
Jones Lang LaSalle has announced that Yoichiro Hamaoka will be stepping down from his role looking after Japanese business at the firm, while ex-Goldman Sachs exec Toshinobu Kasai will succeed him.
WestSummit Capital adds two partners
WestSummit Capital, a Chinese technology-focused growth capital firm, has added David Lam as managing director and promoted Elise Huang to partner, taking the firm’s number of partners to six.
Saban Capital opens in Hong Kong
Saban Capital Group (Asia), a regional unit of the Los Angeles-based private equity firm controlled by billionaire Haim Saban, has opened a new office in Hong Kong.
Warburg Pincus promotes three Asia professionals to MD level
Warburg Pincus has named three new managing directors in Asia, including Zhiming Yue and Joe Gagnon in Hong Kong, as well as Nitin Nayar in Mumbai. It is part of a wave of promotions globally, which has seen nine senior professionals elevated to managing...
VIDEO: HarbourVest Partners' Scott Voss
With global private equity investors principally focused on China, Scott Voss, managing director of HarbourVest Parners, argues that now is the time for long-term players to target undervalued assets in Japan.
Carlyle promotes three Asia professionals to MD level
The Carlyle Group has named 13 new managing directors, including Hiroyuki Otsuka in Tokyo, Matthew Hunter in Sydney and Wayne Bannon in Hong Kong, as part of a raft of promotions that saw 41 professionals elevated to senior positions.
CLSA Capital Partners promotes Gary Ng to MD
CLSA Capital Partners has promoted Gary Ng to the position of managing director. He will remain in the firm’s Singapore office overseeing the India and Southeast Asia markets for ARIA Investment Partners.
Carlyle founders share $400m in 2011 earnings
The Carlyle Group’s three founders together earned more than $400 million in 2011 after the private equity firm returned a record $15 billion to LPs in the first nine months of the year.
Kelvin Chan leaves Partners Group’s Asia PE team
Kelvin Chan has stepped down as a managing director with Partners Group’s Asia Pacific private equity team. The global private markets player, which makes primary, secondary and direct investments, has appointed Kelvin Yu in his place.
Grant Thornton India hires Munesh Khanna as senior partner
Accounting firm Grant Thornton India has hired Munesh Khanna as its new senior partner for M&A and private equity in the country.
Profile: Longreach Group's Mark Chiba
A student activist turned career investment banker, Mark Chiba set up Longreach Group as a Japan-focused buyout firm with old-fashioned values.
Bessemer appoints new India VP
Bessemer Venture Partners (BVP) has promoted Mumbai-based Abhijeet Muzumdar to vice president.
NewQuest hires Lung-Chi Lee as general counsel
NewQuest Capital Partners, the Hong Kong-based PE firm spun out from Bank of America Merrill Lynch (BoAML) last year, has hired Lung-Chi Lee as general counsel.
Yamada replaces Hirano as co-head of Carlyle Japan
Kazuhiro Yamada has been named co-head of The Carlyle Group’s Japanese operations, replacing Masao Hirano who is leaving the private equity firm. Yamada began his duties on January 1, working in collaboration with current co-head Tamotsu Adachi.
HarbourVest promotes three in Asia Pacific team
Tim Flower, who moved to Hong Kong in 2010 to head up HarbourVest Partners’ secondary investments in Asia, has been promoted to principal. Two other Asia-based executives, Kelvin Yap and Maggie Chan, have been named vice presidents.
GCA to invest $200m in India
San Francisco-based private equity firm Gerken Capital Associates (GCA) has announced that it intends to begin investing in the Indian market with an initial commitment of $200 million.
Global PE firms make Asian appointments
The Asian arms of General Atlantic, Partners Group and Aureos Capital have announced a number of appointments ahead of the 2012 fiscal year.
Warburg Pincus names new India co-heads
Warburg Pincus has elevated managing directors Niten Malhan and Vishal Mahadevia to the roles of co-heads of the firm's India business, assuming the responsibilities held by Managing Director Dalip Pathak, who founded the India office. Their appointments...