CMN PwC May 2018 Report 1200×90

Investment Superstars: The Most Powerful Women LPs For Chinese GPs

The financial industry has a notorious gender gap with a dismal amount of female participation. Women manage less than 2% of mutual fund assets, according to a recent Morningstar report. Nearly two-thirds of the top 71 Silicon Valley venture capital funds have no senior female investment professionals, says another report.

Former TPG Partner Wang Sing Joins China Minsheng Financial As CEO

Wang Sing, a former partner at global private equity giant TPG, has been appointed as an executive director and chief executive officer of Hong Kong-listed China Minsheng Financial Holdings Corporation Ltd., effective today, according to a disclosure document. China Minsheng Financial, formerly know as China Seven Star Holdings Ltd., says Liu Tianlin will step down from the position of CEO. At the same time, Wang Sing will replace Feng Xiaoying as the authorized representative of the company. China Minsheng Financial …

Unitas China Team Joins UK-Based Permira

Asian private equity firm Unitas Capital has canceled fundraising plans for a fourth fund. Its China team, led by Jim Tsao, will join London-headquartered private equity firm Permira, according to media reports.