CDC Group appoints Tony Morgan as its new MD for direct equity

An employee making her way into the CDC office. Photo: CDC

UK’s development financial institution CDC Group has appointed Tony Morgan as its new Managing Director, Direct Equity, according to a statement.

In his new role, Morgan will lead a team over 100 impact investment professionals in CDC’s Direct Equity division and will report directly to Chief Executive Nick O’Donohoe.

Morgan, who has nearly 20 years experience as an equity investor, was most recently Managing Director of Onex. He has held senior roles at Permira, Alchemy Partners, and, Canada Pension Plan Investment Board.

He will support CDC in its commitment to invest $6 billion in the 2018–2021 period across Africa and Asia, as it works towards the UN Global Goals, the company said in the statement.

CDC, which has spent 70 years creating partnerships through investing equity into businesses, has over 100 businesses in its direct equity portfolio, valued at $1.5 billion.

“Our core mission is to invest capital to improve people’s lives in Africa and Asia. Last year, we invested over $1.4 billion in our markets. Tony brings extensive investment experience to our direct equity business, we look forward to building many more partnerships as we support a business’s growth over the long-term,” said CDC’s Chief Executive Nick O’Donohoe.

 

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.