KKR hires David Liu to build PRC business

Ex-Morgan Stanley banker based in Hong Kong will lead mainland private equity business.

David Liu has been hired by Kohlberg Kravis Roberts as managing director responsible for expanding the American company's private equity involvement in mainland China. He had worked with Morgan Stanley since 1993, most recently as managing director and co-head of Morgan Stanley Private Equity Asia.

The finer points of his KKR duties have not yet been spelled out, but an idea of Liu's scope can be deduced from the spectrum of deals he pulled in during his spell at Morgan Stanley. He participated in a stream of PRC transactions, including Mengniu Dairy, Ping An Insurance, Hengnan International, Conch Cement, Belle International and Shanshui Cement.

In September 2005...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222