The change will serve to emphasize the operational demarcation between CLSAÆs private equity business and the rest of the CLSA brokerage and investment banking operations. This move sets parameters that firmly establish their modus operandi in an environment where private equity has become the flavour of the month - and where best practice has to address conflicts of interest with investment banking departments, in the race for annualized internal rates of return of 20% plus.
CLSA Capital Partners, which is based in Singapore and Hong Kong, now has funds under management in excess of $1 billion and has a further...
