You were originally J.P. Morgan Partners Asia then became CCMP Capital Asia in 2005. You subsequently rebranded as Unitas Capital in 2009. How has the transition been?
As the private equity investment arm of J.P. Morgan we had functioned autonomously so not that different, but I'd say being spun out in 2005 has helped us to better define who we are. It also minimises confusion, which sometimes arose when we went in to meet a potential investee company with a J.P. Morgan calling card and were immediately seen as a lender! We decided to change our name to Unitas to avoid any confusion that we are part of the New York headquartered CCMP Capital Advisers.
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