cvc-opens-beijing-office

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.

By Sameera Anand

July 07, 2008

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, AustraliaÆs largest diversified media group Amtek, a Singapore-based precision metal company and Magnum, MalaysiaÆs largest lottery operator.

Zhu Wei joins CVC from Goldman Sachs where he was a managing director at Goldman Sachs Gao Hua Securities and headed investment banking coverage in Shanghai. Before he...

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