People
Women in private equity: Minority report
Private equity is a man’s world, in Asia and everywhere else. What can women on the inside do to bring about change?
GE Capital names India head
GE Capital, the investment arm of General Electric, has named Anand Trivedi as its new head in India, The Economic Times Reported.
Lazard appoints Peter Kuo as MD
Financial advisory and asset management firm Lazard has appointed Peter Kuo as managing director and head of equity capital markets in Asia, effective immediately. Kuo joins from diversified management group Cowen and Company, where he was managing director.
You’re only as strong as your brand name
I was surorised by the number of LPs at the recent AVCJ Private Equity & Venture Forum in the US that were familiar with the top tier private equity funds in Asia.
China funds: Cult of personality
Star dealmakers are busy setting up their own funds in China. LPs need to separate the hype from the investment reality
3i names Paul Su senior partner in China
3i China has appointed Paul Su as a senior partner in Beijing, joining the firm after 10 years at Credit Suisse, where he was most recently managing director and vice-chairman of investment banking in Greater China.
Khazanah appoints QIA's Kenneth Shen as executive director
Khazanah Nasional Bhd, the investment holding fund of the Malaysian government, has appointed Kenneth Shen as executive director of investments. Shen was formerly adviser to the chief executive officer of Qatar Investment Authority (QIA) and a board member...
Affinity hires Singaporean banker to head up portfolio management
Affinity Equity Partners has hired the former head of investment banking at Singapore’s United Overseas Bank to lead its portfolio management division.
CIC appoints new CIO
China Investment Corporation (CIC) has appointed Li Keping as its new chief investment officer. Li, who was formerly vice chairman of the $130 billion National Social Security Fund, replaces Gao Xiqing, according to Reuters.
Horsley Bridge appoints Du Chai as MD
Fund-of-funds Horsley Bridge Partners has appointed Du Chai, head of private investments and real assets at Illinois-based Northwestern University, as managing director of its investment team.
KPMG names Moyers head of US private equity group
KPMG has named Marc Moyers as head of its US private equity group. He succeeds Shawn Hessing who is retiring from the firm.
Simon Borrows named CIO of 3i
UK-based 3i Group has appointed Simon Borrows, chairman of Greenhill & Co. International, to the post of chief investment officer, effective this fall. Borrows, who will take a seat on 3i’s board of directors, has a longstanding relationship with the...
In the market for Asia financials
Robert Morse quit his role CEO of Citigroup’s Asia Institutional Clients Group in 2008 to become managing director, chairman and co-CEO of Primus Financial Holdings. He discusses the perks and pitfalls of investing in the financial sector.
TPG hires Bain Capital's MD for its China team
TPG Capital has recruited Jingsheng Huang, a Shanghai-based managing director at Bain Capital, as it looks to boost its China expertise. He is expected to start his new role in late August, Reuters reported.
Shareholders may vote to outst 3i CEO Michael Queen
The future of 3i Group CEO Michael Queen has been called into question after reports that the firm’s top investors may vote against his reappointment at a board meeting Wednesday. Investors are unhappy with Queen’s plan to reinvest capital that would...
3i Southeast Asia head Mark Thornton to exit firm
Mark Thornton, a founding member of 3i Group’s Southeast Asia team, is to depart the private equity firm for undisclosed reasons. 3i’s head of Asia Anil Ahuja will inherit Thornton’s duties and lead the firm's Singaporean and Indian businesses,...
GIC executive director quits to run for president of Singapore
Tony Tan, executive director at Government of Singapore Investment Corp. (GIC), has resigned from his post to run for president of the city-state. He also quit his role as chairman of Singapore Press Holdings, which controls the majority of the local...
LPs drive change in private equity
A new survey shows recovering confidence in private equity, but LPs are becoming more selective about their investments.
VIDEO: Primus' Robert Morse
Robert Morse, managing director, CEO and co-chairman of Primus Financial Holdings, discusses with AVCJ TV the difficulties of conducting business in an increasingly crowded market, and notes the importance of loyal LPs when raising capital in strained...
Milestone Religare appoints new managing partners
Srinivas Baratam and Anant Kulkarni have been appointed joint managing partners at Milestone Religare Investment Advisors.
Make space in your diary...
I am pleased to announce the official launch of our AVCJ Asian Private Equity & Venture Forum 2011 and this year’s conference rocks. I am obviously biased but our roster of speakers simply speaks for itself.
CalPERS appoints new PE head
The California Public Employees' Retirement System (CalPERS), the largest US public pension fund, has appointed Real Desrochers to head its $49 billion private equity portfolio, the Los Angeles Times reported.
AMP names Davies global head of infrastructure
Australia-based AMP Capital Investors has appointed former Macquarie Capital executive Scott Davies as its global head of infrastructure, replacing Phil Garling who is set to retire.
Lee Hsien Loong takes over Lee Kuan Yew as GIC Chairman
Singaporean Prime Minister Lee Hsien Loong has been named chairman of top sovereign wealth fund the Government of Singapore Investment Corp. (GIC), taking over the role held by his father Lee Kuan Yew.