TPG Capital's leading China dealmaker is quitting as a partner of the US private equity group, becoming the latest high-profile investor to launch an Asia-focused investment fund.
Weijian Shan established TPG as a pioneer in foreign private equity investing in China and Asia and led a string of lucrative deals after joining the firm in 1998, including its acquisition of Shenzhen Development Bank.
His departure from full-time duties at TPG follows the fund's recent successful sale of most of its SDB investment, from which Mr Shan is believed to have personally made tens of millions of dollars.
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