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Garg leaves Bessemer seeking semi role
Devesh Garg is leaving his post as Managing Director with Bessemer Venture Partners in India to seek positions at semiconductor companies in the US.
Ontario Teachers’ losing private equity head
Erol Uzumeri, the head of private equity investments for Ontario Teachers’ Pension Plan, is reportedly leaving the Toronto-based pension fund manager to launch his own asset management firm.
Bain moving Sarkis to Asia
Bain Capital is relocating Walid Sarkis, a Managing Director and one of the founders of its European operations, from London to Hong Kong, where he will help drive the firm's regional operation.
Harbinger apponts Nathan to head Vietnam casino
Harbinger Capital Partners has announced the appointment of Lloyd Nathan, a gaming industry veteran formerly with MGM Mirage, as CEO of its Vietnam casino development MGM Grand Ho Tram.
Bery sues JPM over firing, spinout
Varun Bery, former MD and co-founder of TVG Capital Partners, and later co-head of JPMorgan's private equity investment arm in Asia Pacific, is now reportedly suing the bank over $30.8 million alleged lost income, also alleging wrongful dismissal and...
HarbourVest recruits Lund for EMEA marketing
HarbourVest Partners has enhanced its initiative to develop new LP clients in MENA and Europe with the hire of Simon Lund as Head of Sales and Marketing for Europe, the Middle East and Africa.
HarbourVest to open Japan office
Leading global fund-of-funds investor HarbourVest Partners will open an office in Tokyo, its first presence in Japan despite a pioneering track record in Japan-focused investing.
Allianz Global Investors moves Loeffler for Asia CIO role
International asset management group Allianz Global Investors has moved Eugen Loeffler to Seoul as Chief Investment Officer for Asia Pacific.
Riverside now open in Melbourne
Following on the commitment made in January 2010 by Stewart Kohl, its co-CEO, mid-market investment firm The Riverside Company has now opened its first Australia office, on Collins Street in Melbourne.
Subramaniam plans own firm
N. ‘Subbu’ Subramaniam, who resigned as a partner of Baring Private Equity Partners India (BPEP India) in August 2009, is now planning to launch his own private equity firm, according to reports.
Squadron recruits Shi Xiaoni as Associate
Squadron Capital, the Hong Kong-headquartered independent fund of funds, has announced the recruitment of Shi Xiaoni as an associate.
Bhandarkar may leave JPMorgan for Credit Suisse
According to reports, Vedika Bhandarkar, Head of Investment Banking for India at JPMorgan Chase & Co., may be on the point of quitting to take up a similar role at Credit Suisse.
Sunderji quits Guggenheim
Anand Sunderji, hitherto Head of Asset Management and fund-of-funds lead at Guggenheim Capital Management (Asia), has quit his post, and is believed to be planning a venture of his own.
Ramnath gets Multiples first close at $250 million
Multiples Alternate Asset Management, the private equity vehicle launched by former ICICI Venture MD and CEO Renuka Ramnath, has had a first closing at $250 million, against a $450 million target.
ADIA appoints Sheikh Hamed as new head
The Abu Dhabi Investment Authority (ADIA) has appointed Sheikh Hamed bin Zayed as its new managing director and head, following the death of his predecessor and brother Sheikh Ahmed bin Zayed in a gliding accident.
Citi appoints new China, India banking heads
Citi has announced new global banking heads for China and India, with the appointment of Eugene Qian and Rodney Tsang as co-heads of global banking for China, and of Ravi Kapoor in India.
Investindustrial brings Euro mid-market to Shanghai
China play to see growth as other markets slow
New recruit Chang expands Colony beyond real estate
Points to growing convergence in alternatives space
Ryan to co-lead Goldman Sachs Asia, Asuke steps down in Japan
Goldman Sachs has appointed Singapore-based partner David Ryan as its new co-head of investment banking for Asia ex-Japan, succeeding Ravi Sinha, who is retiring as a partner, while Goldman Japan chairman Akio Asuke will also step down in June.
ICICI f-o-f head joins Kaizen in Mumbai
Amit Ratanpal, the force behind ICICI Group’s fund-of-funds business, is joining Kaizen Private Equity as a principal and member of the investment committee.
Church Pension transfers Ranasinghe from NY to HK
The Church Pension Fund, one of the few US institutional LPs with an office in Asia, has transferred Sajith Ranasinghe, Senior Associate, from the fund's New York office to Hong Kong.
Citi's Sen cancels move to KKR
Abhijit Sen, CFO and CAO of Citi India, has apparently decided to stay at his post, after announcements earlier this month that he was moving to Kohlberg Kravis Roberts India as its new local CFO.
CIC recruits Peng, Fan, from SOE banks
The China Investment Corporation, China's $300 billion SWF, has engaged Fan Yifei, formerly an executive vice president at China Construction Bank (CCB), as an EVP, as well as Bank of Communications (BoCom) EVP Peng Chun as President of its domestic investment...
Colony recruits former TPG partner Chang
US $39 billion real estate-focused group Colony Capital has recruited Justin Chang, formerly a partner with TPG Capital in Hong Kong, as a principal, to be based in Santa Monica, CA, and focus on extending Colony's investments into energy, healthcare,...