David Liu has been hired by Kohlberg Kravis Roberts as managing director responsible for expanding the American company's private equity involvement in mainland China. He had worked with Morgan Stanley since 1993, most recently as managing director and co-head of Morgan Stanley Private Equity Asia.
The finer points of his KKR duties have not yet been spelled out, but an idea of Liu's scope can be deduced from the spectrum of deals he pulled in during his spell at Morgan Stanley. He participated in a stream of PRC transactions, including Mengniu Dairy, Ping An Insurance, Hengnan International, Conch Cement, Belle International and Shanshui Cement.
In September 2005...
¬ Haymarket Media Limited. All rights reserved.
