India
Agarwal joined NewQuest in 2019 following a decade-long stint with CLSA.
1
Ant Group-owned payments firm 2C2P trims losses by 83% in 2023
2
SE Asian IPO fundraising plunges 60% in first half as Indonesia slumps
3
Thai auto sector reels under subsidies for Chinese EV makers
4
Shanghai launches $14b funds to ramp up IC, AI, biomedicine sectors
5
Private equity giant Apollo pumps $700 million into Sony Music
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L Catterton’s Asia chairman Chinta Bhagat steps down from role
Indosat’s potential sale of submarine cable and fibre assets may attract local bidders
Indonesia’s Volta plans to roll out EV scooters in more SE Asian markets
SE Asian startups left thirsting as funding drought persists into Q2
Chinese generative AI major Baichuan Intelligence snags over $691m in Series A round
Singapore
It’s the latest in a series of changes at the firm’s South and SE Asia offices in the last 18 months.
Rest of Asia
It has a sprawling portfolio of investments ranging from date farms to multinational conglomerates.
Indonesia
Flip’s new CEO Prasanna previously served as head of merchant payments at GoTo Financial.
Ahn will also serve as the bank’s co-country head of Korea.
Greater China
Chinese authorities have been probing PwC’s role in auditing China Evergrande Group.
World
Perlman, named president at Warburg in 2023, had helped the company expand its business into Asia Pacific.
Former Indonesian communication and IT minister Rudiantara has joined DS/X Ventures as a strategic advisor and board member.
Elhedery, who becomes HSBC’s third CEO in less than eight years, will replace outgoing head Noel Quinn.
Goh is replacing Zheng Yu Dong, who will remain as an adviser to MariBank and Sea