Tsou joins expanding Carlyle

He leaves Warburg Pincus to head up Carlyle''s venture capital business.

Wayne Tsou has left Warburg Pincus to become head of Asia Venture for global private equity firm The Carlyle Group. His new role will see him lead a team of ten investment professionals and oversee the opening of a new office in Shanghai. He will be based in Hong Kong.

The Carlyle Group is probably better known for its late-stage buy out type investments, including such high profile deals as Koram Bank in Korea. But according to Tsou it has been involved in early-sage venture investing in Asia since 1998. It now has ten venture companies in its portfolio including such success stories as Ctrip in China and e-Access in Japan.

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