liang-meng-leaves-jpmorgan-for-top-private-equity-job

Liang Meng leaves JPMorgan for top private equity job

Meng swaps his current role as co-head of China investment banking to become CEO of DE Shaw's private equity unit in Greater China.
Liang Meng, JPMorganÆs co-head of China investment banking, has resigned from the firm and will be joining DE Shaw Group as chief executive officer of its newly formed Greater China private equity unit. The appointment was announced in a release issued late last night by the New York headquartered hedge fund.

Commenting on the appointment, Louis Salkind, a managing director of DE Shaw Co who has overall management responsibility for the firm's global private equity activities, noted the ôrich universe of investment prospectsö in China. ôLiang, with his wealth of knowledge, relationships and experience on the ground, is uniquely suited to enable the DE Shaw group to best capitalise on these opportunities,ö Salkind said....
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