People
Breaking out of the shell
Captive funds have becoming active in Asia but are they here for the long term?
Changing of the guard at HarbourVest Partners Asia
van den Berg to take over driver's seat from Bilden
The international viewpoint
Mounir Guen, founder and CEO of private equity advisory MVision, speaks to AVCJ about the traps new investors fall into when making their first foray into Asia, and warns that chasing GDP won’t necessarily lead to returns.
Aditya Birla makes hires
Aditya Birla Financial Services Group (ABFSG) has strengthen its private equity team by inviting Amitvikram Sharma, ex-partner of Milestone Religare, as an additional investment director in addition to P. H. Ravikumar and Shailesh Haribhakti who were...
Providence's Sean Tong to join Mary Ma at new fund - reports
Managing Director and co-head of Providence Equity Partners in Hong Kong, Sean Tong, is reportedly set to depart the PE firm to join Boyu Capital, the startup fund of former TPG Managing Director Mary Ma announced last month.
Squadron Capital boosts investor relations team
Hong Kong-based fund of funds Squadron Capital has bolstered its investor relations team with appointments that include Chau Ly as Director of Investor Relations & Business Development.
Axis PE’s Gupta, Knight quit captive fund
Axis Bank, India's third largest lender has made no secret of its intentions of leaving the private equity industry. Over the last year, it has entertained a management buyout offer for Axis Private Equity (which has a INR600 crore ($133 million) infrastructure...
Citi’s Yuan moves to Asia
Citi has transferred Victor Yuan from New York to Hong Kong to join the financial group’s private equity team under Chris Laskowski, Head of Citi’s Financial Entrepreneurs Group Asia Pacific and COO for Global Banking in the region.
VIDEO: Kaizen's Sandeep Aneja
India’s education sector has become a hot investment realm of late, and in light of Kaizen Private Equity’s success in raising funds for its newest vehicle, Sandeep Aneja, Founder and MD of the education-focused group, discusses strategies for investors...
Partner Group hires Sony Life’s Numata
Mamoru Numata of Sony Life has joined Partners Group’s Tokyo office as a senior manager. His responsibilities will include investment origination, client relationships and business development.
Bain-backed Gome loses Chairman Chen
The chairman of Bain Capital’s embattled investee Gome Electrical Appliances, Xiao Chen, has relinquished his role at the company, coming months after the Gome’s imprisoned founder Guangyu Huang first tried to oust Chen in favor of Huang’s sister.
China aviation guru joins SEACOR
Hong Kong-based investment boutique SEACOR Capital (Asia) Limited has recruited Jay Shaw, a co-founder of Business Aviation Asia (BAA) and Asia United Business Aviation (AUBA) as Managing Director.
The changing face of Indian private equity
What's happening in Indian private equity? The past few months have seen tremendous changes in India’s PE industry as local professionals move around in a happy merry-go-round of new and old faces. Some industry watchers say these changes and movements...
Market truths with a smile
At the recent AVCJ Forum in Sydney, the Founder and Chairman of Principle Advisory Services Les Fallick spoke candidly about challenges, opportunities and why Australia’s “no bullsh*t” culture is good for investors
BOAML exec to join PE firm - reports
The head of Bank of America-Merrill Lynch's Capital in India, Saurabh Sonthalia, has reportedly departed the group to join an unnamed private equity firm, according to Reuters.
Canaan appoints MD in India
Global VC firm Canaan Partners has appointed Rahul Khanna as Managing Director of Canaan India, charged with overseeing early-stage investments spanning across India’s consumer internet, mobile, software and managed services sectors.
Ashish Dhawan to retire from private equity
Leading Indian general partner Ashish Dhawan will leave ChrysCapital - the private equity firm he founded - to pursue work surrounding social issues in India. In a statement to press, ChrysCapital has announced an 18 month management transition into a...
VIDEO: The World Bank's Ulrich Bartsch
Examining the short- and long-term prospects of Asia Pacific’s economy, Senior Economist Macro at the World Bank’s India Office Ulrich Bartsch tells AVCJ TV that markets’ future health will largely be determined by their young labor force, which...
D.E. Shaw’s Meng departs to launch own fund
Former D.E. Shaw Partner and Greater China head Liang Meng has reportedly departed the hedge fund to start an independent, China-focused private equity fund, co-led by former Goldman Sachs Partner Kevin Zhang.
WI Harper appoints former Japanese Minister to board
Chinese venture capital firm WI Harper Group has appointed former Japanese Minister of State for Financial Services Heizo Takenaka to its advisory board.
Jafco Asia loses three to new fund
Venture capital firm Jafco Asia will lose Michal Chow and Le Wen Yong at the end of the month.
Goldman Sachs realigns regional PE operations
Goldman Sachs is set to reorganize its regional private equity business, combining three now-separate geographies into a single division, a Goldman Sachs spokesman confirmed to AVCJ. The unit will be led by Partner Ankur Sahu and MD Andrew Wolff.
VIDEO: Clearwater Capital’s Robert Petty
To critics who question the true existence of Asia's distressed asset category, Clearwater Capital's Managing Director Robert Petty suggests "looking at the reality of the statistics."
Sumir Chadha talks about new venture, Westbridge
After five years with Sequoia Capital, Sumir Chadha and longtime partners K.P. Balaraj, S.K. Jain and Sandeep Singhal are leaving the Indian operations of the Silicon Valley firm. The group will take their original name Westbridge, which they founded...