Carmela Mendoza
What does China’s latest five-year plan mean for private equity?
Peter Slagt has moved from Bain’s London office to Kuala Lumpur to join the consulting firm’s Global Results Delivery Practice, and will focus on South-East Asia-based clients.
Paul Yang’s appointment comes barely a month after KKR expanded its Asia-Pacific senior leadership team.
Goldman Sachs and a former managing director have asked the New York Supreme Court to drop a lawsuit brought by a Hong Kong-based private equity firm, on the grounds that the Court lacks jurisdiction to hear the matter.
Weiwen Han, previously a partner in the firm’s private equity practice, has been appointed to lead the firm’s operations in Beijing, Shanghai, and Hong Kong.
Chinese regulators revoking licenses of over 10,000 domestic private funds will mean fewer and ‘more competitive’ private equity players, says the HKVCA.
That’s why diversity is a ‘high priority’, Henry Kravis said at the Women’s Foundation in Hong Kong, and so far KKR has managed to triple the number of women in senior roles in the last three years.
L Capital Asia, the Asian private equity unit of French luxury group LVMH, said former managing director Uday Mehra was fired for misconduct after he filed a lawsuit claiming he was let go for revealing mismanagement at the firm.
Investors on the hunt for US deals are coming under increasing pressure from regulators to reveal ownership and corporate governance.
The new office will act as a services hub for Partners Group’s affiliates.
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