Appointments
H&Q invests $90m Monster-owned JobKorea
H&Q Korea has agreed to buy a 49.9% interest in JobKorea, the South Korean operation of Monster Worldwide, for an aggregate purchase price of $90 million. Monster will retain management control of the business, with H&Q supporting regional expansion efforts....
KPMG's Australia PE head switches to Singapore role
Andrew Thompson, head of private equity at KPMG Australia, is relocating to Singapore where he will take up a Southeast Asia-focused position with the firm.
Alvarez & Marsal opens Korea office
Turnaround management and business advisory specialist Alvarez & Marsal (A&M) has opened an office in Seoul and appointed Jay Kim as managing director to lead its business activities in South Korea.
CLSA's cleantech fund hires water-focused operating partner
CLSA Capital Partners has appointed Dr. Richard Woodling, previously director of global research and development at Siemens’ water R&D center in Singapore, as an operating partner in the Clean Resources Asia Growth Fund (CRAGF).
Proskauer adds to Asia funds group
Global law firm Proskauer has appointed Lynn Chan as a consultant to the private investment funds group, working out of Hong Kong. She was previously a counsel in the investment funds practice at O’Melveny & Myers in Hong Kong and Singapore.
Ex-Qiming partner Hans Tung joins GGV Capital
Hans Tung, formerly Beijing managing partner at Qiming Venture Partners, has become a partner at GGV Capital. He is based in Silicon Valley but will be part of GGV’s single team that invests across the US and China.
Harvard appoints new private equity head
Harvard Management Company (HMC) - the investment arm of Harvard University - has appointed Lane MacDonald as its new managing director of private equity.
Australia's IFM changes name, opens Tokyo office
Industry Funds Management has changed its name to IFM Investors. The move comes shortly after the Australia-headquartered group consolidated its private equity and private assets divisions into one team and as it expands its presence in global markets,...
Duff & Phelps appoints new head of China investment banking
Financial advisory and investment banking firm Duff & Phelps has appointed David Lu as managing director and head of its investment banking practice in China. Lu joins from Cowen Group, where he was head of Asia investment banking. He previously held...
AVCAL names Yasser El-Ansary as CEO
The Australian Private Equity and Venture Capital Association (AVCAL) has chosen Yasser El-Ansary as its new CEO, effective from November 20. The appointment follows last month's resignation of Katherine Woodthorpe after seven years in the role.
Canada's OPTrust opens Sydney office
Canada’s OPSEU Pension Trust (OPTrust) has opened an office in Sydney, to focus on infrastructure and private equity investment across Asia. This is its second base outside Canada.
CFOs: Hunters, not farmers
The ideal private equity portfolio company CFO is a rare creature in any market. Asia presents its own challenges in terms of recruiting appropriate talent and the issues this person must address
ICG adds Nyree Hu to Asia team
Specialist asset manager Intermediate Capital Group (ICG) has hired Nyree Hu as Asia director with its 11-strong global distribution team.
CDC hires UTI Capital's Murugappan for Asia funds team
CDC, the UK development finance institution, has hired Alagappan Murugappan as managing director with its Asia funds team. Murugappan was previously CEO with private equity firm UTI Capital.
Australia's ACSI names Future Fund executive as new CEO
The Australian council of Superannuation Investors (ACSI) has appointed Gordon Hagart, head of environmental, social and governance (ESG) risk management at Future Fund, as its new CEO. Hagart will take over from Ann Byrne who will retire from the A$100...
Khazanah picks CIMB's Charon Wardini Mokhzani as exec director
Malaysian sovereign wealth fund Khazanah Nasional has appointed Charon Wardini Mokhzani as executive director in the managing director’s office. Charon is currently deputy CEO of CIMB Group, head of investment banking and CIMB Investment Bank chief.
Macquarie hires 3i's Paul Su in China
Macquarie Capital has named Paul Su, former senior director at 3i Group, as senior managing director and chairman for Greater China.
A&M launches India transaction advisory practice, hires Vikram Utamsingh
Alvarez & Marsal (A&M), a consultancy specializing in performance improvement and turnarounds, has expanded its India business with the launch of a dedicated transaction advisory practice. The new practice will be led by Vikram Utamsingh, formerly of...
Altius appoints new Asia Pacific head
Altius Associates, a private equity advisory and fund-of-funds firm, has appointed Peter Pfister as a partner and head of Asia Pacific.
Proskauer boosts China fund formation capabilities
Global law firm Proskauer has recruited Yong Ren to its private investment funds group as a partner. He previously worked at Mayer Brown and, before that, at Ropes & Gray and Simpson Thacher.
Walkers adds to Hong Kong investment funds group
Walkers, a global law firm specializing in offshore services, has appointed Mark Cummings as counsel in its investment funds group in Hong Kong. Cummings, who joins the firm from Appleby, advises private equity and hedge fund managers on establishing...
Temasek names Goldstone's Yibing Wu as China head
Temasek Holdings has named Yibing Wu as senior managing director and head of China. Wu is currently chairman and CEO of Goldstone Investment, the direct investment arm of China’s CITIC Securities, and the president of CITIC Private Equity Funds Management....
Veronica John joins placement agent Diamond Dragon
Veronica John, previously a senior advisor to Vietnam-focused private equity firm Mekong Capital, has joined placement agent Diamond Dragon Advisors as a senior advisor based in Singapore.
OTPP loses head of Asia fund investments
Alison Nankivell has left her role as head of Asian fund investments at Ontario Teachers’ Pension Plan (OTPP) for a job with Business Development Bank of Canada (BDC).