Hsiang-Ching Tseng

Peng Zhao, who replaces Linda Cai in Beijing, will work to increase direct investments in China.

Ian Deas, former head of US secondaries at Pantheon, will help clients of the Sydney-based firm enter the US secondaries market.

Though private equity investment in Asian cleantech has climbed year on year, it remains low compared to corporate investment in the sector. Hsiang-Ching Tseng looks into what’s holding GPs back.

The Australian private equity firm is set to launch its fourth fund, which is targeting A$500m, on the back of a solid exit.

Masato Marumo, who was joint managing director of Carlyle’s Japan-focused buyout team, will now head Lazard's Japanese investment banking business.

The listed European firm is considering the launches as part of a two-year expansion plan following its recent restructuring.

The global private equity giants are said to be in partnership to bid for Treasury Wine Estates, after the Australian beverage producer rejected a previous A$2.7bn private equity bid.

The division's management team, led by George Raffini, is poised to purchase just over 80% of the business.

China’s sovereign wealth fund is said to commit $300 million in the fund, while IFC is committing up to $100 million.

Australia’s Foreign Investment Review Board has approved the private equity consortium’s A$2.7bn bid for the healthcare operator.