General Atlantic appoints Fock Wai Hoong to head ASEAN investments

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General Atlantic, a global growth equity investment firm, announced today that Fock Wai Hoong, formerly of CVC Capital Partners, has joined General Atlantic as head of  its Southeast Asia investing programme. Fock will be based in General Atlantic’s Singapore office.

Commenting on the appointment, William Ford, CEO and President of General Atlantic, said, “As global growth investors, we see tremendous long-term opportunities across Southeast Asia, especially as the ASEAN Economic Community continues to develop and drive integration across the region.”

Ford added, “Wai Hoong will play a critical leadership role for General Atlantic as we continue to identify and partner with leading entrepreneurs and innovators throughout Southeast Asia. His track record of success and expertise in the consumer, retail, and technology sectors will be invaluable to our global team and portfolio companies.”

Prior to joining CVC Capital Partners in 2007, Fock had served in the investment management and the investment banking roles at firms such as Headlands Capital Partners, and Morgan Stanley.

At CVC Capital Partners, Fock oversaw the firm’s business in SingaporeMalaysia and Vietnam, including transaction execution and portfolio monitoring across the region.

He also served on the board of directors for several firms in CVC Capital’s portfolio, including Magnum Corporation and QSR Brands in Malaysia, which operate in the lottery gaming and fast food operation space. In Indonesia, he managed Matahari Department Stores and Link Net, a fixed broadband and cable TV operator.

In an official statement, Fock commented: “General Atlantic’s partnership approach is well-suited to Southeast Asia as trends such as urbanisation, disruptive technologies like the mobile internet, and an expanding middle class are creating incredible growth and opportunity.

Fock added, “I look forward to working with the General Atlantic team to identify local brand champions that we can help take to the next level, while assisting our global portfolio companies as they expand their footprint in the region.”

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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.