KKR India realty investments co-head Ashish Khandelia resigns, to set up own fund

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Under Khandelia’s leadership, KKR has deployed more than a $1 billion in various real estate projects in India.

Flipkart co-founder Binny Bansal may exit firm after deal with Walmart: Report

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At an estimated valuation of around $18-20 billion, a sale of their stake could fetch the co-founders around $1 billion for their stakes, if they decide to sell.


Fortis invites three independent directors to join its board

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Chakraborty had previously served as CEO at SBM Holdings Ltd; Rajagopal is chairman of JM Financial Services Singapore; and, Banerjee has previously held the position of president and CFO at Ranbaxy Laboratories Ltd.


SoftBank ropes in Japan Post investment chief for its board

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The appointment comes as SoftBank Group transforms itself into one of the world’s largest technology investors.


People: LCR Capital appoints Raj Chinai as senior adviser; ASI makes APAC hire

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US-based private investment and advisory firm LCR Capital Partners has named Raj Chinai as senior advisor for the Middle East & India regions while Aberdeen Standard Investments (ASI) has appointed Andrew Hendry as head of distribution for the Asia-Pacific. LCR Capital Partners appoints Raj Chinai as Senior Advisor US-based private investment… Read more »


HKEX board appoints Laura Cha as first female chairman

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She will be the only woman to chair a Hang Seng Index member firm.


Canadian pension fund CPPIB appoints Suyi Kim as senior MD and APAC head

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Suyi, who has over 15 years of private equity investment experience including at Ontario Teachers’ Pension Plan and The Carlyle Group, will officially take over the position from June 1 this year.


People: HK blockchain firm ropes in KKR MD as advisor; Credit Suisse promotes exec

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Credit Suisse has promoted investment banker Allan Chu as its head of technology, media, and telecom (TMT) banking for Greater China.


Sabeco adds majority shareholder ThaiBev’s representatives to board

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ThaiBev, which has a more than 50% stake in Sabeco, complained to the Vietnamese government earlier this year that its proposed board members for Sabeco had not been accepted.


People: Ex-HSBC exec joins Lightbulb Capital; Clifford Chance names 6 partners in APAC

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Lightbulb was founded in 2014 in Hong Kong and expanded to Singapore in 2016