Appointments
500 Startups to raise Japan seed fund
US-based accelerator 500 Startups has extended its Asia footprint with the launch of a $30 million fund dedicated to early-stage Japanese technology companies.
CITIC Capital appoints healthcare specialist
CITIC Capital Partners has appointed Haipeng Zhang as a senior managing director, with the intent of focusing on healthcare investments.
Carlyle's Siewert steps down from China Fishery board
Patrick Siewert, the representative of The Carlyle Group on the board of China Fishery Group, has stepped down from the board.
CVC appoints Steve Lim as South Korea chairman
CVC Capital Partners has hired Steve Lim, former CEO and managing director of JP Morgan in South Korea, as its chairman in the country.
Quvat's Tom Lembong made Indonesia trade minister
Tom Lembong, former CEO and managing partner of Quvat Capital, has been made Indonesia's trade minister as part of a broader cabinet reshuffle by President Joko Widodo.
Anjali Bansal hired as Asia, Africa partner at TPG Growth
TPG Growth - the mid-market growth equity platform of TPG Capital - has hired Anjali Bansal as partner and managing director. She will focus on human resources in Asia and Africa.
Blackstone's Michael Chae appointed to CFO role
The Blackstone Group has appointed its international private equity head Michael Chae to be CFO, replacing Laurence Tosi.
Ex-TPG Growth executive joins Singapore’s Jungle Ventures
Singapore-based Jungle Ventures has appointed David Gowdey, previously of TPG Capital’s growth investment unit, as a managing partner.
Former Japan Exchange head joins KKR as chairman
KKR has named Atsushi Saito, former head of the Tokyo Stock Exchange (TSE) and the Japan Exchange Group (JPX), as the non-executive chairman of KKR Japan.
Permira hires former KKR deal-maker as head of Japan
Permira has chosen former KKR deal-maker Ryotaro Fujii as managing director and head of Japan. Yoichiro Furuse has been made chairman of Japan.
SAIF Partners names former Freecharge CEO as MD
Alok Goel, former CEO for Indian mobile recharge service FreeCharge, has joined private equity firm SAIF Partners as its new managing director.
Blackstone names Liping Zhang as Greater China chairman
Blackstone has appointed Liping Zhang as senior managing director and Greater China chairman. Zhang joins the company from Credit Suisse, where he served as co-CEO of Greater China and vice chairman of global investment banking.
Ex-Telstra Super PE executive turns agribusiness investor
Robert Talevski, previously head of private markets portfolio manager at Telstra Super, has set up an investment firm that will source and execute deals in Australian agribusiness, taking advantage of strong cross-border demand for exposure to the space.
Ratan Tata joins Jungle Ventures as special advisor
Ratan Tata - chairman emeritus of Tata Sons, holding company for India conglomerate Tata Group - has joined Singapore-based early-stage investor Jungle Ventures as a special advisor.
DST executive joins China's Xiaomi as CFO
Chinese smartphone maker Xiaomi has appointed Shou Zi Chew, formerly a partner at DST Global, as its chief financial officer.
Qiming promotes William Hu to managing partner
China VC firm Qiming Venture Partners has promoted healthcare specialist William Hu to managing partner with immediate effect.
IDG Ventures India founder Manik Arora to leave firm
Manik Arora, founder and managing director of IDG Ventures India, will leave the venture capital firm.
A team sport: PE and personalities
Private equity is a people business - this is an oft-repeated phrase at AVCJ events and certainly one that continues to be relevant.
Australia's MLC to open US office
MLC Private Equity, which is part of National Australia Bank's wealth management division, will open an office in New York to cover investment opportunities in North America and Latin America.
Saratoga’s Uno steps back from business, eyes politics
Sandiaga Uno, one of the founding partners at Indonesia-focused GP Saratoga Capital, is scaling back his formal corporate roles with a view to launching a career in politics.
Head of CIC's Central Huijin unit quits
Zhichun Xie, executive director and president of Central Huijin Investment, a unit of China Investment Corporation (CIC), is leaving after one year with the firm.
Everstone hires head of capital markets, exits
India and Southeast Asia-focused Everstone Capital has named Bhavna Thakur as its head of capital markets and exits.
KKR Asia head Joe Bae to move back to US
Joe Bae, who moved to Hong Kong 10 years ago to set up KKR’s Asia business, will return to the US in the summer. He will continue to lead the firm’s regional operations as managing partner of KKR Asia.
India's Edelweiss names Pranav Parikh as head of PE
Indian financial services group Edelweiss has appointed Pranav Parikh to lead its private equity, seed and venture capital funds business.