Adams Street Partners has announced that Yar-Ping Soo, a Partner in the firm since 2010, will assume the additional responsibility of leading the firm’s Asian investment team, after successor Piau-Voon Wang became a senior adviser to the firm, says an announcement.
Woo will take her new role in the fourth quarter of 2015.
Adams Street Partners’ investments in Asia are managed from offices in Singapore, Beijing and Tokyo.
“Adams Street Partners will celebrate our 10-year anniversary in Asia in 2016. As we look ahead to the next decade, the new role for Yar-Ping Soo as leader of our investment team in Asia and PV Wang’s continuing involvement as senior adviser signal our commitment to the market…” says Jeff Diehl, managing partner at Adams Street.
Soo is a partner of the firm specializing in Asian investments, including pan-regional leveraged buyouts and country-focused funds in such markets as Greater China, Japan, Korea and Indonesia.
Prior to joining Adams Street Partners, she held senior investment positions with GIC Special Investments, the private equity arm of the Government of Singapore Investment Corporation, where she focused on leveraged buyout funds, growth capital funds and co-investments.
PV Wang is a partner primarily focused on the Asian portfolio. He joined Adams Street Partners in 1999, initially in the London office, and was active in formulating the firm’s private equity fund investment strategy for Asia.
He launched the firm’s Singapore office in 2006 and its Beijing office in 2011. Before joining Adams Street Partners, he was associated with Brinson Partners/UBS Global Asset Management, Nikko Capital Singapore and Indosuez Asset Management Singapore.
Adams Street Partners has been investing in private equity since 1979, ans has currently US$27 billion of assets under management.
Adams Street Partners has offices in Chicago, London, Menlo Park, Singapore, Beijing and Tokyo.