Carlyle group is stepping up its activities in Southeast Asia, hiring a pair of experienced investment specialists to spearhead its private equity operations in Indonesia and Vietnam.
The US alternative asset manager has poached Credit Suisse’s Robby Winarta and TPG’s Long Hoang, it said in a press release on Wednesday,
The move reflects strong investor interest in the two fast-growing Southeast Asian countries as firms increasingly look for opportunities beyond China and developed Asia.
As Greg Zeluck, co-head of the Carlyle Asia buyout team, put it, the moves strengthen Caryle in countries where we believe there will be increasing numbers of attractive investment...