Appointments
China Merchants launches alternative investment subsidiary
China Merchants Group, a leading Chinese state-owned conglomerate, has launched a subsidiary to focus on alternative investments. The new entity - China Merchants Capital – currently manages RMB20 billion ($3.21 billion) in assets. This is expected to...
Mandarin Capital opens offices in Beijing, Munich
Sino-European private equity firm Mandarin Capital Partners is opening two new offices in Beijing and Munich, Alberto Forchielli, the firm's founding partner, told AVCJ. The moves come as the PE player is in the process of raising its EUR1 billion ($1.3...
Korean start-up accelerator appoints new GPs
Korean start-up accelerator SparkLabs has appointed Jay McCarthy and Awy Julianto as general partners. They are managing partner and general partner, respectively, at Singapore-based boutique M&A and financial advisory firm Pacific Advisors.
Alter Domus appoints new MD in Singapore
Fund administrator Alter Domus has appointed Tervinder Chal as country leader of its Singapore office. Before taking up his new role, Chal worked for PricewaterhouseCoopers and KPMG and then spent four years at Vastardis Capital Services where he was...
Silver Lake-owned Allyes names new CEO
Silver Lake-owned Allyes, a Chinese digital marketing company, has appointed Hanhua Wang as CEO, effective December 1. He replaces Eric Chen, a managing director at Silver Lake, who had been serving as interim CEO. Chen remains chairman of the Allyes...
Squadron's Prasanna joins Morgan Creek in Shanghai
Anand Prasanna, known to many in the industry as Anand RP, will join Morgan Creek Capital Management as a director in their Shanghai office. He left his previous position as an investment director at Squadron Capital, an Asia-focused fund-of-funds, two...
Paul Hastings opens Seoul office
Paul Hastings has opened an office in Seoul, its 20th location globally. It follows a number of international law firms in setting up a presence in South Korea.
Quay Partners appoints Australia investment manager
John Zaknic has joined Quay Partners as an investment manager in Sydney. The appointment is one of a series of senior hires as the Australian fund-of-funds and advisory firm builds its newly established infrastructure team.
Axis CEO Arun Korati to join IL&FS – report
Arun Korati, managing director and CEO of Axis Private Equity, is reportedly stepping down to join IL&FS Investment Managers (IIML), the private equity arm of Infrastructure Leasing & Financial Services (IL&FS).
CVC names three co-chairmen to succeed Michael Smith
CVC Capital Partners’ chairman, Michael Smith, will retire in January and be succeeded by Donald Mackenzie, Rolly van Rappard and Steve Koltes. The announcement comes as the private equity firm prepares to launch its latest global buyout fund with a target...
Clifford Chance appoints new head of Asia Pacific corporate practice
Clifford Chance has named Mark Shipman as the new head of its Asia Pacific corporate practice, replacing Roger Denny, who is stepping down after 10 years. Shipman will continue to lead the firm’s global funds and investment management practice, while...
King & Wood Mallesons appoints head of private equity
King & Wood Mallesons has appointed Mark McNamara as head of private equity, effective November 6. He previously occupied the same role at Baker & McKenzie.
Majmudar & Partners makes new hire
Majmudar & Partners, an international law firm based in Mumbai, has appointed Christopher Krishnamoorthy as an associate partner.
Standard Chartered's financial sponsors head gets Indonesia role - report
The head of Standard Chartered’s financial sponsors group in Hong Kong, Sarab Bhutani, has reportedly been appointed co-head of wholesale banking for Indonesia. He will be responsible for deal origination and client coverage.
Norton Rose nabs Lucas from Baker & McKenzie
International law firm Norton Rose has appointed Andrew Lucas as a partner in its corporate team based in Bangkok. He joins from Baker & Mackenzie’s Beijing office, where he was also a partner.
White & Case appoints three new partners in Asia
White & Case has appointed three new partners in Asia, including Jonathan Olier, a member of the law firm's M&A practice in Singapore. He specializes in private equity buyouts and restructurings as well as cross-border mergers and acquisitions.
Baker & McKenzie names new PE chair, confirms McNamara departure
Baker & McKenzie has appointed Simon Hughes as chair of its global private equity group, in place of Sydney-based Mark McNamara. A spokesperson for Baker & McKenzie also confirmed that McNamara is leaving the firm.
Cambridge Associates opens fourth Asia-Pacific office
Cambridge Associates has opened a second office in Singapore. It will support the firm's existing consulting and investment practices in Beijing, Singapore and Sydney, as well as five locations in the US and UK.
New Silk Route adds senior operating advisor
New Silk Route has hired William I. Campbell as senior operating advisor to assist in identifying global investment opportunities. The news comes amidst reports that the private equity firm has also recruited Rajeev Gupta, former head of The Carlyle Group's...
The revolving door: Chinese LPs and talent retention
Employing people in China, especially at junior level, is an illuminating experience. Job notices provoke a barrage of resumes crammed with work experience. After the customary 30-second scan, you are forced to blink and re-read, asking yourself, “How...
MoFo adds Masahiro Shiga in Tokyo
Morrison & Foerster has appointed real estate finance lawyer Masahiro Shiga as a partner at Ito & Mitomi, the joint venture through which it provides legal services in Japan.
Loeb & Loeb launches Hong Kong office
Loeb & Loeb has launched its second Asia office in Hong Kong, having opened in Beijing three years ago. The law firm's Hong Kong operations will run in conjunction with local player Pang & Co. Benny Pang, managing partner at Pang & Co, will join Loeb...
500 Startups hires India investment professional
500 Startups, the US-based incubator founded by serial entrepreneur Dave McClure, has hired Pankaj Jain to head up its India operations. He was previously consulting for TLabs in New Delhi, focusing on deal sourcing and running the start-up accelerator...
3i's Nikhil Gahrotra joins BanyanTree
Banyan Tree Finance has poached Nikhil Gahrotra from 3i Group, where he was working as associate director. He joins the mid-market PE firm as a director.