Baird Capital, the direct private investment arm of US-based Robert W Baird & Co, has hired Andy Tse as a Partner to lead its investment efforts in Asia.
As a member of Baird Capital’s global team, he will identify and pursue investments in the technology and services sector for Baird which makes private equity, growth equity and venture capital investments in strategically targeted sectors around the world.
A veteran executive with more than 20 years of private equity experience, Tse most recently served as Managing Director of AIF Capital where he led investments in industrial and services sector across Greater China, South Korea, South East Asia, India, Sri Lanka and Australia, the company said in an announcement on Tuesday.
Prior to AIF Capital, he worked with Hopewell Holdings Limited and Consolidated Electric Power Asia Limited in Hong Kong where he was actively involved in the investment, development, financing, construction, operation and management of infrastructure and manufacturing investments across Asia.
“Lower middle market companies in Asia are looking for a financial partner with access to relationships and markets in Europe and North America, and I believe Baird Capital’s global platform will be a significant differentiator for Asian entrepreneurs,” Tse said.
With investment and operations professionals in the United States, United Kingdom and China, Baird Capital takes a global, collaborative approach to sourcing investments, supporting portfolio companies and driving portfolio value.
Having invested in more than 295 companies the company partners with entrepreneurs and provides operational support to its portfolio companies through a proactive portfolio operations team.
The latest appointment also pronounces Baird’s investment focus on China’s services sector particularly at a time when there is re-balancing of China’s economy from an investment-led industrial economy to a consumption-led services economy. Baird Capital’s services-subsector focus areas of healthcare and tech services are some of the highest growth areas in an already high growth area.