Carlyle hires former J&J China executive

The private equity firm is the latest to bulk up in healthcare deal-making by hiring Jesse Wu as an adviser to buyouts.

Carlyle hires former J&J China executive

The Carlyle Group said on Tuesday it had hired former Johnson Johnson China chairman Jesse Wu to boost its ability to seal deals in China’s fast-growing healthcare industry.

Previously the first local chairman of the US pharma giant's China operation, Wu will now advise the Washington-headquartered private equity firm on potential buyouts in China, drawing on his 30 years’ of experience in healthcare and related sectors.

The hire comes at a time...

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