UBS appoints Warren Wu to lead tech deals in India, SE Asia

FILE PHOTO: The logo of Swiss bank UBS at its Zurich headquarters in Switzerland, July 27, 2015. REUTERS/Arnd Wiegmann

Swiss bank UBS has appointed Warren Wu as the head for TMT (technology, media and telecom) for Southeast Asia and India, as the bank looks to strengthen its presence in new economy sector fundraising and M&A deals, said a person aware of the development.

“With immediate effect, Warren Wu is appointed as the Head of TMT for Southeast Asia and India at UBS Securities. Warren will also continue to lead Private Financing Markets for South East Asia & India,” the person cited above said.

Wu has been instrumental in developing UBS’ presence with new economy companies across the region, he added.

He joined UBS in 2018 and previously worked for JP Morgan and Credit Suisse as a technology banker and capital markets specialist.

In the last few months, UBS has advised many tech companies on fundraising and M&A transactions. In June 2021, it advised Byju’s in raising $1.5 billion from UBS Group, Abu Dhabi sovereign fund ADQ, Blackstone Group, among others. It also advised Byju’s in its acquisition of Epic, an online reading platform for kids, for $500 million in a cash-and-stock deal.

Last month, it advised private equity funds True North and TA Associates on the sale of a majority stake in broadband services firm Atria Convergence Technologies Ltd to Partners Group at a valuation of around $1.2 billion.

This article was first published in livemint.

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.