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The restructuring expert
The Chairman of distressed debt investment giant Oaktree Capital spoke with AVCJ about market challenges, his firm’s relationship to private equity, and where the next wave of opportunities lie.
VIDEO: Oaktree Capital's Howard Marks
The difficulties surrounding Asian investing are shifting, making the territory as challenging to be involved in as compelling for Western funds, Howard Marks, Chairman of Oaktree Capital, tells AVCJ TV
General Atlantic's MD Raul Rai resurfaces at Fidelity Growth Partners - reports
Fidelity Growth Partners India has reportedly appointed General Atlantic Partners' recently departed MD Raul Rai as Managing Director, charged with heading its PE business.
Permira appoints co-heads of Asia
European private equity giant Permira has announced the promotion of Henry Chen (pictured) and Alex Emery to partners and co-heads of Asia. The duo will be in charge of the development of the firm across Asia Pacific, with particular focus on Greater...
Carlyle promotes Parasuraman to Director
US-based private equity giant The Carlyle Group has promoted Mahesh Parasuraman – currently a Vice President of its Asia Growth Fund based in Mumbai – to the role of Director, a firm spokeswoman said.
OMM adds private equity partner
Anticipating a bumper year for its Asian private equity practice, law firm O’Melveny & Myers LLP has announced that private equity partner James Ford will transfer to its Hong Kong office from London.
TA promotes Wadhera to Principal
Director of TA Associates Naveen Wadhera has been promoted to the role of Principal, but will be maintaining the role of Director of the firm’s Mumbai office where he oversees investments in India and other emerging markets.
Former HSBC PE Investment Director Victor Leung joins KPCB
Former HSBC Private Equity Asia executive Victor Leung has joined the Shanghai bureau of Silicon Valley VC firm Kleiner Perkins Caufield & Byers (KPCB) as Partner.
MD of Carlyle's buyout team Ranjeev Gupta exits firm
Managing Director and Head of Carlyle India’s buyout team, Ranjeev Gupta has resigned from the firm after five and a half years.
Fortress appoints Kang as Asia President
Hedge fund and alternative assets manager Fortress Investment Group has appointed Thomas Chan-Soo Kang as President of Fortress Asia, charged with overseeing business development, strategy and administrative duties across Asia. The move comes less than...
Apax promotes India heads
Apax Partners has promoted the co-heads of its Indian operations, Sandeep Naik and Shashank Singh, to Partner status. Naik will be a partner of the healthcare group, while Singh focuses on the telecom sector.
Stephenson Harwood appoints Michael Guilday in greater China
Stephenson Harwood, a UK-headquartered international law firm, has appointed Michael Guilday, a foreign legal consultant (England and Wales) to its China team to strengthen its investment funds practice in Hong Kong and the Greater China region.
Campbell Lutyens opens in Hong Kong
Private equity and infrastructure advisory firm Campbell Lutyens has opened an office in Hong Kong, headed by Partner and Head of Asia Pacific Conrad Yan.
SCM Strategic Capital Management appoints Morgan Stanley's Al Paas to board
SCM Strategic Capital Management has named Head of Morgan Stanley’s Shanghai office Al Paas to its board of directors.
Blackstone charges Michael Chae with leading PE practice in Asia
Senior Managing Director in the Blackstone Group’s private equity group Michael Chae has been elevated to the role of Head of Private Equity in Asia, relocating to Hong Kong from New York for the role.
Religare Capital names Anwar Head of Middle East
Religare Capital, a subsidy of Indian financial services group Religare Enterprises, has named Shehzad Anwar as the head of its Middle East business, charged with bolstering its regional practice.
Daiwa hires Victor Gao
Well-connected mainland investor, Victor Gao Zhikai, has joined Japan’s Daiwa Securities Group as chairman of China, a title he shares with former RBS banker Raymond Yin. According to the Japanese investment bank, both men will be based in Hong Kong...
Partners promotes Chan, Baumann
Swiss private equity fund of funds Partners Group has announced its latest round of promotions, and like many of its counterparts in the financial services industry, will be recognizing the contribution of its Asia-based staff.
UPDATE: Carlyle's CFO in charge of IPO prep joins Legg Mason
Peter Nachtwey, the Chief Financial Officer hired to assist with Carlyle’s pre-IPO work, has departed the firm in a move that will likely further delay the initial public offering. He leaves to join investment management firm Legg Mason as Chief Financial...
Blue River Capital hires Ramasundar as Director
Blue River Capital India Advisory Services has hired Ram Ramasundar, former executive at firms such as Unilever and Pepsi, as Director.
Leaving AVCJ
From one very private perspective, the story of the development of Asia Pacific private equity over the critical past half-decade is the story of a journey along one road: Harcourt Road and Gloucester Road, which run straight into each other alongside...
Sippel and team to leave Quadrangle
Following developments in the US around Quadrangle Group, which now has reportedly decided against raising a new fund in 2011, Ed Sippel, Managing Principal with the firm's Hong Kong office, has decided to leave the firm.
Industry Q&A: Sanjay Nayar
Sanjay Nayar, CEO and Country Head for Kohlberg Kravis Roberts & Co. in India talks about his approach to the Subcontinent, a market in which promoters, management and family are one and the same.
First AVCJ India Awards see Indian industry’s coming of age
The first AVCJ India Private Equity & Venture Capital Awards held last week paid tribute not just to individual winners, but also to the overall growth and maturation of the Indian private equity industry.