News / People
Top IDFC Securities analyst quits to launch India VC fund
Nikhil Vora, IDFC Securities' managing director, has quit the firm to launch an early-stage venture capital fund focused on the consumer sector.
HarbourVest's Asia secondaries head becomes managing director
Tim Flower, head of HarbourVest Partners’ secondary activities in Asia, has been promoted to managing director. The move comes just over three years since Flower relocated from London to Hong Kong and one year since he was elevated to principal.
Blackstone India PE head Akhil Gupta replaced by two new co-heads
Akhil Gupta, the head of Blackstone's Indian private equity operations, is to be moved to a non-executive role as managing directors Mathew Cyriac and Amit Dixit are brought in to co-head the unit.
Blackstone Australia chairman Paul Costello quits
Paul Costello, the non-executive Chairman for Australia and New Zealand at The Blackstone Group, has resigned after two years with the firm.
Alastair Morrison to retire from Standard Chartered PE
Alastair Morrison, who was co-head of Standard Chartered Private Equity (SCPE) until earlier this year, will retire from the firm at the end of the month. The move is said to be independent of the restructuring taking place within SCPE that will reduce...
TVS adds to investment team, advisory board
TVS Capital has added to its senior management team by hiring Karthik Ranganathan, formerly of Baring Private Equity Partners India and ex-Ashmore Alchemy India investments director Rahul Deshpande. Both will join the firm's investment team as executive...
Leung quits as Blackstone Greater China chairman
Antony Leung will step down as Greater China chairman at The Blackstone Group to become CEO of Hong Kong conglomerate Nan Fung Group. He will remain involved with Blackstone as a senior advisor and member of the firm’s international advisory board. The...
Boyu Capital's Mary Ma named as non-executive director in HK SFC
Mary Ma, co-founder and chairman of Boyu Capital, has been appointed as a non-executive director of Hong Kong Securities and Futures Commission (SFC).
Dattels, Gray to lead TPG in Asia, Peel steps back
Tim Dattels, a senior partner at TPG Capital, is moving back to Asia to lead the firm’s regional private equity operations in conjunction with Ben Gray. He is replacing Stephen Peel who is withdrawing from day-to-day management.
Advent adds to China operating partner program
Advent International has appointed healthcare industry veteran Lincoln Chee to its operating partner program in China. He will advise the private equity firm in identifying investment opportunities in the space and in generating value in portfolio companies....
Blackpeak adds to Japan team
Blackpeak Group, an Asia-focused strategic advisor to corporate and investment clients, has appointed Kohtaro Miyagi as a senior consultant, based in Tokyo.
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.
KIC president resigns
Korea Investment Corp’s (KIC) president and CEO, Chong-Suk Choi, has resigned for personal reasons.
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).
Ex-CDH executive arrested in China
Gongquan Wang, founder of CDH Venture Capital, has been formally arrested by Chinese authorities following his detention last month on charges of assembling a crowd to disturb public order. Wang left CDH two years ago.
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.
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.