Pak-Seng Lai Joins Vision Knight Capital As Managing Partner

Pak-Seng Lai, former head of Asia at German private equity firm Auda International L.P., will join Chinese private equity firm Vision Knight Capital as managing partner on July 1, Vision Knight confirms to China Money Network.

In April, the Shanghai-based private equity firm just completed fundraising of a US$550 million new fund.

Jointly founded by David Wei and Dr. Zhu Daming in May 2011, Vision Knight Capital manages a total of US$800 million.

David Wei is formerly the CEO of Limited, as well as the chief representative for Kingfisher’s Asia sourcing office, and the CFO and then CEO of B&Q China. Zhu Daming is formerly a partner at DT Capital Partners.

Caishen.Co - Primary Data for China Secondary Investment and Stock Markets