CVC opens Beijing office

The private equity firm strengthens its China coverage by poaching Zhu Wei from Goldman Sachs Gao Hua to head the new Beijing office.

Private equity firm CVC Capital Partners has opened a Beijing office and appointed Zhu Wei to head it. The move marks CVC's sixth office in the region adding to Hong Kong, Seoul, Singapore, Sydney and Tokyo.

CVC manages around $46 billion of funds globally. In the Asia-Pacific region it has completed more than 30 investments with a firm value in excess of $19 billion including investments in PBL Media, AustraliaƆs largest diversified media group Amtek, a Singapore-based precision metal...

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