Appointments
Bain & Co appoints new SE Asia, Australia heads
Bain & Company has named new managing partners for its businesses in Southeast Asia and Australia. The appointments come a month after the consulting firm announced a new Asia Pacific head.
PAG appoints KKR dealmaker as India PE head
PAG has hired Nikhil Srivastava from KKR to lead its India private equity operations as the firm looks to expand its coverage of the country.
Chinese HR SaaS platform secures $80m Series C
Lightspeed Venture Partners and Sunshine Life Insurance have led a $80 million Series C round of funding for IfChange, a Chinese software-as-a-service (SaaS) platform that specializes in human resources management.
Vietnam’s VinaCapital backs two local tech start-ups
Vietnam’s VinaCapital has made investments of undisclosed size in two local start-ups - financial technology provider Wee Digital and marketing services player UrBox.
TPG terminates Bill McGlashan amid US bribery scandal
TPG Capital has terminated Bill McGlashan (pictured), founder of its mid-market investment platform TPG Growth and co-founder of impact investment vehicle The Rise Fund, after he was charged this week for his role in the college bribery scandal in the...
Australian LPs struggle to recruit PE talent - AVCJ Forum
Recruitment is the biggest challenge for Australian institutional investors as they look to deepen their participation in private equity, senior executives told the AVCJ Australia & New Zealand Forum.
Bain & Co names new Asia Pacific head
Bain & Company has appointed Satish Shankar as regional managing partner for Asia Pacific, replacing Dale Cottrell, who has held the position for the past six years.
HarbourVest promotes Minjin Chung to managing director
HarbourVest Partners has promoted Minjin Chung (pictured), a principal based in Korea, to the level of managing director with responsibility for North Asia.
Australia's Future Fund recruits Alicia Gregory as PE head
Australia’s Future Fund has appointed Alicia Gregory as its new head of private equity. She currently occupies the same position at MLC, operator of the country’s largest retail superannuation fund.
KKR hires Goldman's Asia ex-Japan investment banking head
KKR has appointed Kate Richdale, formerly chairman of investment banking for Asia ex-Japan at Goldman Sachs, to the new position of head of strategy and business development for Asia Pacific.
Partners Group hires Ravi Jeyaraj for Australia direct deals
Partners Group has recruited Ravi Jeyaraj, formerly of Navis Capital Partners, as head of private equity direct investments in Australia.
StepStone adds partner in Beijing
StepStone Group, a provider of private markets advisory and asset management services to institutional investors, has promoted Beijing-based Vincent Hsu to partner.
General Atlantic seeks to leverage local presence in Indonesia
General Atlantic has opened an office in Indonesia, citing a need for an intensified local presence to leverage strong domestic growth trends in the firm’s core domains of technology, financial services, healthcare, and consumer.
Longreach promotes Takuya Sato to partner
The Longreach Group, a mid-market North Asia buyout firm that has a particular focus on Japan, has promoted Takuya Sato (pictured) to partner.
Bain & Co's Suvir Varma joins Campbell Lutyens as advisor
Placement agent Campbell Lutyens has appointed Suvir Varma, until recently head of Bain & Company’s financial investor practice in Asia Pacific, to its global advisory board.
CDC appoints new managing director
CDC Group has named Stephen Priestley (pictured) as a new managing director with a focus on South Asia and Africa.
Värde promotes Asia credit head to partner
Värde Partners has promoted Haseeb Malik, a senior managing director based in its Singapore office and head of Asia corporate and traded credit, to partner. It is one of three senior promotions announced by the firm worldwide.
China VC firm Qiming announces promotions
China’s Qiming Venture Partners has announced the promotion of several staff members, including Stella Zhou (pictured), who is the first person to be elevated from associate to partner within the firm.
Australia's Funds SA hires Cameron Sinclair from Future Fund
Funds SA, which is responsible for investing on behalf of South Australia’s public-sector superannuation funds, has recruited Cameron Sinclair (pictured) from Future Fund to lead private equity and infrastructure activity.
Adrian Kerley leaves Australia's CSC for IFM
Adrian Kerley (pictured), the investment manager responsible for private markets at Australia’s Commonwealth Superannuation Corporation (CSC) will join the private equity team at IFM Investors in February.
Carlyle makes six promotions in Asia
The Carlyle Group has promoted Ling Yang, a managing director in the firm’s Shanghai office, to partner. Yang is one of 60 senior promotions announced by Carlyle worldwide, including six in the Asia buyout team.
Wooseok Jun to lead ICG Asia Pacific
Wooseok Jun, currently managing director and head of South Korea at Intermediate Capital Group (ICG), has been named head of Asia Pacific for the firm. He replaces Chris Heine, who retired at the end of 2018.
Macquarie's Luboff to head KKR Asia infrastructure business
KKR has named David Luboff, a former senior managing director of Macquarie Infrastructure and Real Assets (MIRA), to head its Asia infrastructure investment operations.
East Ventures appoints new partner
East Ventures has appointed Melisa Irene (pictured) as a partner. It is the firm’s first nomination of a woman to that position.