Appointments
Unigestion appoints ex-CDPQ executive as Asia chairman
Unigestion has appointed Edouard Merette, formerly a managing director at Caisse de dépôt et placement du Québec (CDPQ), as non-executive chairman of its Asia board.
KKR's China private equity heads to spin out
David Liu, co-head of Asia private equity and head of China at KKR, and Julian Wolhardt, the regional leader of China, will leave the firm at the end of this year to raise a China-focused fund.
Northstar's Ashish Shastry to join KKR
Ashish Shastry, managing partner at Indonesia-focused Northstar Group, has agreed to join KKR. He will start work later in the year as head of Southeast Asia, succeeding Ming Lu, who was promoted to co-head of Asia private equity in 2015, according to...
TPG hires Ex-MSPEA executive as partner in Korea
TPG Capital has appointed Sanghoon Lee, formerly a managing director with Morgan Stanley Private Equity Asia (MSPEA), as a partner to lead the firm’s investments in South Korea.
Jaganath Swamy leaves HarbourVest to lead start-up
Jaganath Swamy, a vice-president at HarbourVest Partners, has left the firm to join Good Parents, a health and wellness-focused start-up based in San Francisco and Hong Kong.
Blue Sky founder Mark Sowerby to step back
Mark Sowerby, founder and managing director of Australia-based Blue Sky Alternative Investments, will retire from the firm.
Vietnam's Mekong backs logistics business, adds two partners
Vietnam-focused Mekong Capital has announced the second investment from its latest fund – cold chain logistics provider ABA Corporation – and also promoted Thanh Giang Vu Pham and Truong Dieu Le to partner. It now has four partners in total.
Louis Vuitton's Australia CEO joins L Capital as country head
L Capital Asia – a private equity arm of French luxury goods giant LVMH – has appointed Louis Vuitton Australia CEO Philip Corne as its executive chairman in Australia.
Ex-SBCVC partner Joe Chang joins Eight Roads China team
Eight Roads Ventures has appointed former SBCVC investment partner Joe Chang as a partner on its China team.
Japan’s J-Star promotes two to partner
Japanese GP J-Star has promoted Yuki Kashiyama, an investment professional in the operating team, and Tomoko Ando, who works in the administration team, to partners.
Goldman's Vishal Bakshi departs to set up PE firm
Vishal Bakshi, a managing director at Goldman Sachs in India, has left the firm to found his own private equity firm Avatar Growth Capital Partners.
Intel Capital appoints Anthony Lin as Asia head
Intel Capital has named Anthony Lin, who has been with parent company Intel Corp’s M&A team since 2008, as managing director and head of Asia.
SoftBank names successor to Nikesh Arora
Japanese technology conglomerate SoftBank has named a successor to COO and President Nikesh Arora, who stepped down earlier this week.
CPPIB appoints Suyi Kim Asia head, names new regional PE lead
Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim and Deborah Orida as managing director, head of Asia and managing director, head of private equity Asia, respectively.
SoftBank's embattled COO Nikesh Arora to step down
Nikesh Arora, the president and COO of Japanese technology conglomerate SoftBank and the presumptive successor of CEO Masayoshi Son, will step down from his positions at the company.
Carlyle hires ex-Johnson & Johnson chair to advise Asia buyout
The Carlyle Group has hired Jesse Wu, the former chairman of Johnson & Johnson China, as a senior advisor to the firm’s Asia buyout team.
Carlyle appoints new Australia, New Zealand buyout head - update
The Carlyle Group has promoted David Bluff to managing director and head of its buyout team in Australia and New Zealand. He was previously a director with the firm.
Korea's KIC appoints new CIO
Korea Investment Corporation (KIC) has named Shin-Woo Kang, most recently CEO of Hanwa Asset Management, as its new CIO. He replaces Heung-Sik Choo, who stepped down in February after less than two years in the job.
Lightspeed China’s co-founder Ron Cao to start own firm
Ron Cao, co-founder and managing director of Lightspeed China Partners, is preparing to set up his own venture capital firm called Yunjiu Capital.
General Atlantic appoints Eric Zhang as China head
General Atlantic has recruited Eric Zhang, formerly of The Carlyle Group, as managing director and head of China. He will lead the firm’s investments in growth Chinese companies.
Former French Treasury head joins Cathay Capital
Bruno Bézard, previously the head of France's Treasury Department, will join Cathay Capital and help the Sino-French PE firm launch a new fund.
CPPIB names Asia, international head Mark Machin as CEO
Mark Machin, head of international and Asia president at Canada Pension Plan Investment Board (CPPIB), will become the pension fund’s next global president and CEO. The appointment comes as CPPIB’s annual report indicates a continued ramp up in its...
NZVIF appoints new CEO
New Zealand Venture Investment Fund (NZVIF), a government-sponsored VC fund-of-funds, has appointed Richard Dellabarca as its new CEO. He replaces Franceska Banga, who has led the fund since its inception in 2002.
China Fosun Kinzon VC loses top management team
Three senior executives – including Jun Wang, the managing partner and chairman – have left Fosun Kinzon Capital, the venture capital arm of China’s Fosun Group, to set up their own firm.