Programme - Investment Summit (Day two)
Private Equity Leaders' Summit | Venture Capital Summit | Limited Partners' Summit | Investment Summit (Day one) | Investment Summit (Day two)
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Thursday, 19th November 2020
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08:55
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09:00
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09:30
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10:00
Break
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10:10
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10:40
Break
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10:50
Track 1: Value creation: Stabilize, rationalize, realize
- What does a post-pandemic playbook look like?
- How have technology-related initiatives helping companies though the crisis?
- What challenges do managers face doing value creation remotely?
- In what ways is the role of the operating partner evolving?
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10:50
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11:35
Break
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11:45
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11:45
Track 2: South Korea: A resilient market that continues to flourish
- What are the key drivers of the mid-market buyout trend?
- What are the key sectors that you expect to be attractive to Private Equity over the next 12 months
- What are the perspectives of Private Equity in making investments in Unicorns and high-potential/ fast growing industries
- How have private equity funds participated in the ongoing chaebol restructurings? Is there a role for regional GPs and LPs?
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12:30
Break
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12:40
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13:25
Close of summit
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Tim Burroughs is managing editor of Asian Venture Capital Journal, having joined the publication in May 2011. He is responsible for all editorial content put out under the AVCJ brand, including Asian Venture Capital Journal, AVCJtv, AVCJ Awards and AVCJ.com. Tim previously spent five years at China Economic Review, serving as editor-in-chief and then editorial director. Located in Greater China since 2003, during which time he has lived in Beijing, Qingdao and Hong Kong, Tim has been a China-based contributor for publications including The Sunday Times, Sunday Telegraph, BBC and China Daily. Prior to moving to China, he trained and worked as a journalist in the UK. He was honored at the Society of Publishers in Asia awards in 2007, 2008 and 2010, and at the State Street Institutional Press Awards - Asia in 2012.
Hemal Mirani rejoined HarbourVest's senior management team in Asia in 2015 to focus on investments and investor relations across the Asia Pacific region.
Ms. Mirani first joined HarbourVest in 1997 and spent eleven years developing relationships with leading Asian private equity managers and working with our investors and consultants across the region to advance and optimize their private market investment programs. She rejoined HarbourVest after six years with CVC Capital Partners in Hong Kong, where she was head of investor relations in Asia and Chief Administrative Officer.
Ms. Mirani received a BA in Commerce from Sydenham College (Bombay) in 1989, an MA in International Studies with a Japanese language concentration from the Joseph H. Lauder Institute, and an MBA in Finance from the Wharton School in 1997. The latter two were part of a joint degree program at the University of Pennsylvania. Hemal speaks fluent Japanese.
Mark Chiba is Group Chairman and Partner of The Longreach Group. The Longreach Group is an established independent private equity firm with offices in Hong Kong and Tokyo. The firm focuses on Japan and related Greater China control buyouts in the mature industrial and technology, consumer, business services and financial services sectors. The firm manages three Funds which have accumulated approximately US$2.1 billion of committed limited partner and co-investment capital.
Mark co-founded The Longreach Group in late 2003. Mark's lead responsibilities at Longreach include firm management, senior relationship driven deal sourcing and execution, investments in the financial services sector, and building the firm's capital base and global networks.
Before co-founding Longreach, Mark served as Chief Executive Officer and President of UBS Securities Japan, Chairman of the Asia-Pacific Investment Banking Management Committee, Head of Japan Investment Banking and as a member of the UBS Global Investment Bank Board. Previous to this role in Japan, Mark headed the UBS Asia-Pacific Financial Institutions Group.
Mark is an Australian citizen, resident in Hong Kong. He holds First Class Honours degrees in Economics (University of Melbourne) and Law (University of Sydney). Mark is a Rhodes Scholar with a Master of Philosophy degree in International Relations (with Distinction) from Oxford University.
T.J. Kono joined Unison Capital in 2002. He has managed a number of investments in Japan since Unison’s first fund, then led Unison’s expansion to Korea as its founding member. Today, he serves as a member of both Japan and Korea Investment Committee. He has been involved in Unison’s investments in Drug Eleven (Japan), Mine-Mart (Japan), UCOM (Japan), Nexcon Technology (Korea), Gong cha (Korea)/Royal Tea Taiwan (Taiwan), and Forbes (Japan). In addition to investment role, he oversees Unison Group’s investor relations functions. Prior to Unison Capital, he worked at Merrill Lynch Japan.
Mr. Kono has a B.S/B.A. from Washington University in St. Louis.
Richard Folsom founded Advantage Partners in Tokyo in 1992 with Taisuke Sasanuma. His previous experience was in management consulting with Bain & Company, primarily in their Tokyo office, where he accumulated eight years of experience in developing and implementing strategies for both foreign and domestic corporations in the Japanese market. He received his undergraduate degree in Japanese and Economics from Brigham Young University, and an MBA degree from The Wharton School of the University of Pennsylvania.
In 1997, Richard and Taisuke established Japan’s first buyout fund, and Richard has since focused his time on the development of this private equity investment practice. In addition to the 1997 fund, subsequent funds were raised in 2000, 2003, 2007, 2009, 2013, and most recently in 2017. Through the funds and portfolio companies, Advantage has made more than 80 investments, of which they have successfully exited more than 50. Recent investments in Japan include the acquisitions of Dental Holding Corp. (Sale of dental materials, medical equipment, pharmaceuticals, and other medical-related products) and Fujitsu Interconnect Technologies Ltd (Manufacture of Printed Circuit Boards). The firm’s investment activities have also expanded to Greater China and Southeast Asia with the raising of an Asia Fund in 2017, where recent acquisitions include Plastic Center Group, Malaysia-based contract manufacturer and Elise Fashion Limited, Vietnam-based women's apparel company.
Tetsuro Onitsuka is a Head of Special Situations and Managing Director of Buyout at Japan Post Investment Corporation, the captive direct investment vehicle of Japan Post Bank and Japan Post Insurance. Prior to joining Japan Post, he was the Head of Japan at TPG, a leading global alternative asset manager, where he spent 10 years covering Japan, Korea and South East Asia. Tetsu received his BA in economics from Harvard College, and his MBA from Harvard Business School, where he was a Baker Scholar.
Reijiro (Ray) Yamamoto, a founding Partner of Integral has over 20 years of experience in investment banking activities including domestic and cross-border M&A, MBOs, LBOs, going-private transactions, debt-restructuring, workouts of multi-national insolvent companies and sales of non-performing loans in Japan, Europe and the US. He is extremely knowledgeable on deal financing issues, having arranged, structured, negotiated financing for numerous transactions.
Mr. Yamamoto began his career with Mitsui Bank (the current Sumitomo Mitsui Banking Corporation (SMBC)) in 1984. In 1990, he joined AT Kearney as a management consultant in Chicago and subsequently, he moved to London in 1991, where he engaged in Sakura Bank’s (currently SMBC’s) structured finance. After 7+ years in London, he returned to Japan in 1998 and joined Sakura Bank’s Mergers and Acquisitions Department (currently SMBC’s M&A firm) where he was in charge of the cross-border M&A group. In 2000, he joined Unison Capital, one of the first buyout funds in Japan. When he was with Unison Capital, he played a key role in the success of Unison’s first fund. He provided advisory services to his portfolio companies often taking on the director role at the companies in which the fund invested.
While at GCA, he structured and closed the MBO of World Co., Ltd., the largest MBO in Japan and also led a lot of landmark M&A deals of Japan such as a US$19 billion worth merger between Hankyu and Hanshin railway companies. He was also an investment committee of Fund I of Mezzanine Corporation, a 100% subsidiary of GCA and the first independent Mezzanine investment firm in Japan.
Erhai has nearly 20 years of venture capital investment experience.
Typical investments include: NIO (NYSE: NIO), Mobike, Tuhu, Newlinks, Lumi, Temi, Healthy.io, MegaRobo, Happy Elements, Evercare, BitAuto (NYSE: BITA), CAR (HK: 00699), Renren (NYSE:RENN), iDreamSky (NASDAQ: DSKY),
Zhaopin.com (NYSE: ZPIN), Zeus Interactive (SZ: 002354), xin.com (NASDAQ: UXIN), Locojoy, Wish.
Erhai’s industry recognition includes:
-‐The Midas List of Global Top 100 Technology Investors, Forbes, 2018-‐ 2020 and 2012
-‐Top 30 Most Influential Investors, FORTUNE China, 2016-‐2019
-‐2020 Investor of the Year, Cyzone.cn
-‐Top 100 Venture Capital Investors, Zero2IPO, 2017-‐2019
Erhai holds an EMBA from Tsinghua University, Beijing, China; a Master’s de-‐ gree in global finance and an MBA from Fordham University, New York, the U.S.; a Master's degree in psychology from Peking University, Beijing, China; a Mas-‐ ter's degree in communication and information system from Xidian University, Xi’an, China; and a Bachelor's degree in communication engineering from Gui-‐ lin University of Electronic Technology, Guilin, China.
Jean Eric Salata is the Chief Executive and Founding Partner of Baring Private Equity Asia (or “BPEA”). Mr. Salata oversees all investment and divestment decisions made at the Firm, as well as its strategic direction. Mr. Salata has been responsible for the investment activity of the Firm since 1997 when he started the regional Asian private equity investment program for UK-based Baring Private Equity Partners Ltd. Mr. Salata later led the management buyout of this program in 2000 to establish BPEA as an independent firm.
Mr. Salata has lived and worked in Hong Kong since 1989, and graduated magna cum laude from the Wharton school of the University of Pennsylvania with a B.S. in Finance and Economics.
Tim Burroughs is managing editor of Asian Venture Capital Journal, having joined the publication in May 2011. He is responsible for all editorial content put out under the AVCJ brand, including Asian Venture Capital Journal, AVCJtv, AVCJ Awards and AVCJ.com. Tim previously spent five years at China Economic Review, serving as editor-in-chief and then editorial director. Located in Greater China since 2003, during which time he has lived in Beijing, Qingdao and Hong Kong, Tim has been a China-based contributor for publications including The Sunday Times, Sunday Telegraph, BBC and China Daily. Prior to moving to China, he trained and worked as a journalist in the UK. He was honored at the Society of Publishers in Asia awards in 2007, 2008 and 2010, and at the State Street Institutional Press Awards - Asia in 2012.
Background
- Matt has over 10 years of advisory experience, supporting clients understand and address complex challenges across strategy, operations and cash flow management in both deal and restructuring situations
- Matt works closely with clients to support delivery of sustainable value improvements. His collaborative style is critical to achieving the broad organisational support for change to ensure the sustained delivery of benefits
- Matt has extensive experience providing support to organisations in understanding their current operational performance and potential areas for improvement using data and analytics
- Working to support corporate change programmes as well as event driven performance reviews, Matt's approach is tailored to meet each client's appetite for improvement in the context of the wider business strategy as well as industry and market trends.
- Matt's client base ranges from owner managed to FTSE100, as well as a number of Private-Equity owned businesses and he has led successful improvement programmes across EMEA, the US and Asia-Pacific.
Professional and industry experience
- Led the corporate and debt restructuring for a Thailand based Tier 1 Automotive supplier, including analysis, business planning, stakeholder communication and negotiations, and turnaround support
- Supported purchaser of a UK steel asset with their operational turnaround, leading the pre day 1 planning and post day 1 separation of the finance function, with a focus on cash flow and treasury management
- Supported the European arm of a leading Asia Pacific professional services firm with business planning, cash flow review, funding analysis and negotiation with lenders and shareholders
- Delivered a working capital reduction programme at a leading international law firm delivering a release of cash equating to 5% of turnover in under nine months, reducing net debt by 20% as a result.
- Led a working capital optimisation review of a leading UK automotive dealership, identifying cash levers specific to the industry and identifying cash release opportunities in excess of 1% of turnover.
- Provided cash flow monitoring support to a UK fashion retailer, developing an interim cash flow forecasting process, providing regular updates to the board on current and forecast cash balances, and supporting communications with external stakeholders.
- Led a rapid working capital review of a PE-backed medical devices manufacturer, identifying cash release opportunities in excess of 4% of turnover.
- Delivered a review of the future funding requirements of a UK based services business, modelling the impact of varying funding scenarios and providing an assessment of the current operating structure.
- Led global working capital improvement programmes across a number of FTSE businesses and PE backed entities, bringing together key stakeholders to drive best practice processes and deliver significant and sustainable working capital improvements.
- Previous clients include: BAT, WPP, Nippon Sheet Glass, Jardine Motors Group, KKR, HSF, Liberty Industries, Clyde & Co, China-Britain Business Council
Mr. Ahn joined CD&R in 2011. Previously, he was a partner and head of the Asia-Pacific mergers and acquisitions service line at McKinsey & Company. In that capacity, he worked closely with management teams from multi-national companies regarding strategies to enter Asian markets, as well as large Asian companies expanding their businesses outside of their home markets. Mr. Ahn helped establish CD&R’s joint venture in China and serves as a partner at the Firm.
Education: Harvard Law School (J.D.), Stanford University (M.S., industrial engineering, B.A., economics)
Matt joined Pacific Equity Partners in 2009. Prior to joining PEP, he was a consultant with Bain & Company in Australia. Matt was an Innovation Scholar at Macquarie University where he received a Bachelor of Commerce (Actuarial Studies) and was awarded the Vice Chancellor's Commendation for Academic Excellence.
Shane is a member of the Portfolio Group. His primary focus is on value creation in the Asia portfolio and due diligence of new investment opportunities from an operational perspective.
Prior to joining Permira, Shane worked for KKR Capstone for six years, where he was responsible for value creation initiatives in portfolio companies across Japan, Australia and India. Prior to that he spent six years with McKinsey and Company.
Mark Valadao is a Managing Director of Pagoda Capital, responsible for business development and investor relations. Mr. Valadao has over 24 years of investment industry experience, including 16 years in Asia, with a deep knowledge of investments and strategies across multiple asset classes as well as extensive experience working collaboratively with institutional investors around the world.
Prior to joining Pagoda Capital, Mr. Valadao held senior roles at private equity firms, GL Capital Group and Skymont Capital. Mark was previously Head of Portfolio Strategy at State Street Global Advisors where he was a member of the senior leadership team responsible for representing the firm’s investment solutions to institutional investors in the Asia region. Before SSGA, Mr. Valadao was an Executive Director at MSCI where he was the Asia Pacific Head of Financial Products. Prior to MSCI, Mr. Valadao was an Executive Director at Value Partners Group responsible for the overall management of its wholly owned subsidiary - Sensible Asset Management. Before Value Partners Group, Mr. Valadao was with HSBC Global Asset Management where he helped lead HSBC’s multi-manager business in the Asia Pacific region. Prior to HSBC, Mr. Valadao was Senior Portfolio Manager at Mellon Capital based in San Francisco, USA where he was the lead manager of the US$7 billion Vanguard Asset Allocation Fund.
Mr. Valadao received a Bachelor of Science in Business Administration and Finance from California Polytechnic State University, San Luis Obispo.
Amit Kataria is a partner in Morrison & Foerster LLP's worldwide partnership, working from our London and Hong Kong offices. Mr. Kataria has extensive experience advising on mergers and acquisitions transactions, private equity investments, securities offerings and on a broad range of transactional and corporate advisory matters. He represents corporates, financial sponsors and their portfolio companies in U.S. domestic and cross-border mergers and acquisitions across a wide range of industries, including financial services, technology, biotech, hospitality, insurance, logistics, manufacturing, real estate and pharmaceuticals.
Amit focuses on advising regional and international strategic acquirers and financial investors in connection with global cross-border transactions involving the United States, China, South Korea, India, the rest of South Asia, and South East Asia. He has also regularly advised clients on various litigation, internal investigation, and enforcement matters related to India.
Ms. Jain has 26 years of experience across financial markets in Europe & Asia across deal origination, structuring, underwriting, portfolio & risk, and fundraising. Prior to joining BPEA, Ms. Jain spent 8 years focused on the mid-market corporate sector in India, most recently heading Indian Private Debt Fund at Religare Credit Advisors LLP (RCAL), and prior to that as Chief Risk Officer for Religare Finvest Limited, a mid-market focused NBFC, responsible for managing risk across all businesses. Before joining Religare, Ms. Jain worked for 10 years in London mainly as Managing Director at HSBC, and prior to that as Director at Barclays Capital in the Structured Credit business. Before her time in London, she worked in debt capital markets covering Asia, based out of Hong Kong with Peregrine Fixed Income Limited across debt syndication, loan trading & risk function.
Ms. Jain has lived and worked in India, Hong Kong & the UK and holds a bachelor’s degree in Electronics Engineering from VNIT and an MBA from the Indian Institute of Management, Calcutta.
Gopal Jain is Managing Partner and Co-founder of Gaja Capital, an India-focused growth & buyout firm based in Mumbai. Founded in 2005, Gaja is a leading player in India’s private equity market with an exceptional track record of 20+ investments and an AUM of over $500m. Gaja has invested consistently in India’s mid-market across themes in education, financial services & consumer, with a key focus on driving scale and transformation in its portfolio companies via operational value add.
Gopal leads both the executive and investment functions at the firm and has personally led several of the Firm’s investments. Gopal has been investing in Indian equities since the age of thirteen and has been a professional investor in the Indian capital markets for almost thirty years. He is one of the more experienced private equity investors in India, having led or co-led over 25 private equity investments since 1995. Several of the companies Gopal has backed have grown 10x in value since the investment. Prior to Gaja Capital, he was country head for the Boston-based View Group one of the pioneers in Indian private equity.
Gopal is an active columnist and is currently member of SEBI’s Alternative Investment Policy Advisory Committee and Indian Private Equity and Venture Capital Association’s Executive Committee. He has a deep interest in the social sector and leads Gaja Gives which supports a wide and growing number of philanthropic efforts in India.
Gopal is a Graduate in Electrical Engineering from IIT Delhi. He is remembered on the campus for being one of the first graduates from the institute to turn entrepreneur before graduating. He currently lives in Mumbai with his mother Sudesh, wife Chitra and daughters Srishti and Ira.
Mr. Sanjay Kukreja joined ChrysCapital in 2000 and has been a Partner at the firm since 2012. He is currently the Chief Investment Officer at ChrysCapital, overseeing all of the firm’s investment activities. Prior to his CIO role, Mr. Kukreja led the Financial Services and Business Services sectors, which together accounted for over $1.5 billion of invested capital and almost $3 billion of realizations for the ChrysCapital funds.
Over the years, Mr. Kukreja has been instrumental in leading several high-profile investments and has also worked extensively on managing exits for ChrysCapital, where ChrysCapital is an industry leader.
Mr. Kukreja currently serves on the Boards of Hero Fincorp, GeBBS Healthcare Solutions, Infogain, Intas Pharmaceuticals, and has previously also served on the boards of several other companies such as KPIT Technologies, LiquidHub, and Shriram Transport Finance Company.
Mr. Kukreja holds an M.B.A. from the Indian Institute of Management, Bangalore, and a Bachelor’s degree in Economics from the Shriram College of Commerce, Delhi University. He has also attended the Executive Leadership Course for top management at the Indian School of Business, Hyderabad.
Mr. Mohit Ralhan is the Managing Partner & CIO of TIW Private Equity. Mr. Ralhan specializes in Buyouts, Margin Expansion & Turnaround situations. Prior to TIW, he was an Investment & Operating Professional at Baring Private Equity Partners India Fund II and Fund III. He has over 2 decades of experience in Fund Management. He has served on advisory board of companies in the interest-rate sensitive sectors, FMCG, Technology, Education, Consumption, Media, Digital Businesses, Real Estate & Manufacturing Consumption. He is a thought leader in buyout investments and has been a regular speaker in various industry forums such as AVCJ Japan, AVCJ USA, AVCJ Singapore, Super Investor Asia, GTech Leader’s Meet, Pension Fund Investment Summit, to name a few. He has been awarded by the Times Group as the “Most Promising Business Leaders of Asia” in 2019 at Singapore for demonstrating exemplary leadership qualities.
Tomoko Kitao is a Managing Director at Hamilton Lane, based in the firm’s Tokyo office, where she is primarily responsible for management support and development of the firm’s client relationships in Japan. Prior to joining Hamilton Lane in October 2012, Ms. Kitao was with the Bank of Tokyo-Mitsubishi UFJ, most recently as Chief Manager in the International Credit Division. Previously, she was Senior Manager in the Structured Finance Division, where she was responsible for managing a portfolio of global private equity fund investments. She also has extensive experience in the Credit Division, having worked out of the bank’s New York and London offices. Ms. Kitao received a B.A. from International Christian University. She is a Chartered Financial Analyst and a member of the CFA Institute and CFA Society Japan. Ms. Kitao currently holds a Sales Representative Qualification Class 1, 2, and an Internal Administrative Qualification with the Japan Securities Dealer Association.
Fred supports all aspects of the decision-making process of the Private Credit Team, including sourcing, structuring, reviewing, and negotiating deal opportunities.
Prior to joining Adams Street, Fred was a Vice President at Goldman Sachs. In this role, he focused on investing capital out of various private debt vehicles, including the firm's first Business Development Company (BDC), as well as managing initial credit reviews, structuring the financing, business due diligence, participating in Investment Committee approval, negotiating deal terms, and coordinating legal documentation.
Fred’s other experience includes a Vice President role at Fifth Street Asset Management, an Associate role at Greenhill & Co. and Golden Arc Capital, and an Analyst position at Banc of America Securities. Frederick commenced his career at Lehman Brothers, as an Analyst within the Credit Derivatives team.
Fred is a member of the Adams Street Partners Private Credit Investment Committee.
Education: Georgetown University, BS, cum laudeColumbia Business School, MBA
Investment/operational experience: 15 years
Brian Dillard joined KKR in 2006 and is a Managing Director and Head of Asia Credit. Prior to moving to Hong Kong in 2018, Mr. Dillard was a portfolio manager for KKR's Special Situations funds and portfolios in New York. Before joining the Special Situations team, Mr. Dillard was a member of KKR’s Private Equity Team and has been involved with several investments, including KKR’s investment in Oriental Brewery. In 2008 and 2009, Mr. Dillard worked in Hong Kong assisting in the development of KKR's Asian operations. Prior to joining KKR, Mr. Dillard was at Morgan Stanley & Co. in its mergers and acquisitions investment banking group, where he was involved in a number of merger, acquisition, and financing transactions. Mr. Dillard graduated from Harvard College and received an M.B.A. from Harvard Business School.
Mr. Lyons joined Bain Capital Credit in 2006. He is a Managing Director and Head of Bain Capital Credit Asia based in Bain Capital Credit’s Hong Kong office. He is the Portfolio Manager of Bain Capital Special Situations Asia fund. Mr. Lyons is also a member of the Distressed and Special Situations team focused on special situations and portfolio investing. Prior to his current role, Mr. Lyons was based in Bain Capital Credit's London office covering European distressed opportunities. Previously, Mr. Lyons was a consultant at Bain & Company where he advised clients in a range of industries.
Mr. Lyons received an A.B. Phi Beta Kappa from Princeton University.
Ted joined BCP Credit in New York in 2017 to lead BCP Credit. Previously, Ted was President at Apollo Investment Corporation and the Chief Investment Officer of Apollo Investment Management where he was the head of its US Opportunistic Platform and also oversaw the Private Origination business, serving as a member of the Senior Management Committee. Prior to Apollo, he worked at Goldman Sachs for 13 years where he most recently ran the bank loan distressed investing desk. He was previously the head of Principal Capital Investing for the Special Situations Group.
Jin-Man is the head of Deal Advisory III in KPMG Korea a division focused on providing transaction advisory services on cross border M&A transactions for Private Equity and Corporate clients. He has over 24 years of professional experience providing M&A Advisory, Due Diligence, Post Merger Integration, Transaction Advisory and Audit services.
Jin-Man has led M&A and Due Diligence engagements for KPMG on the largest landmark transactions involving Korea and Korean companies.
Jin-Man has worked in the Sydney and Silicon Valley offices of KPMG and has been based in the Seoul office since 2002.
IMM is one of the leading private equity investment firms in Korea with approximately US$6.0 billion AUM. At IMM, Joseph is responsible for investments in Korea and Asia and cooperating with Korean and international investors on fund and co-investment opportunities. Key sector focus for Joseph has been healthcare, media, technology-driven services and manufacturing, and consumer.
Previously, Joseph was with Fortress Investment Group in New York. Prior to joining Fortress, he was at Morgan Stanley’s New York office. Joseph served in the Republic of Korea Army as an officer and prior to that was an M&A attorney at Skadden, Arps in New York.
Joseph graduated from Princeton University and the University of Pennsylvania Law School. He is a Chartered Financial Analyst.
Chulmin Lee is a founding member of VIG Partners, where he joined in 2005. Mr. Lee worked as a Senior Project Leader at the Boston Consulting Group (“BCG”) for five years, engaged in numerous post-merger integration, operational improvement, strategy development, commercial due diligence, and corporate restructuring projects. Mr. Lee managed most of BCG’s M&A and post-merger integration projects in Korea, including overseas strategic investments and cross-border post-merger integrations. Mr. Lee’s experience spans various industries, including industrial goods, financial services, consumer electronics, and telecommunications. Mr. Lee holds an MBA from the Fuqua School of Business at Duke University, and graduated with a BS in Computer Science and Statistics from Seoul National University.
27 years of professional experience. 13 years of experience in Asia regional buyout funds and 12 years of experience in global management consulting firms.
Partner of The Riverside Company and Managing Director of AIG/PineBridge Investments. To date, including transactions at Orchestra, Jay closed 8 buyout deals and made 7 add-on acquisitions in Korea, Japan, and China. He also was a management consultant at Bain & Company and The Boston Consulting Group in Seoul, Tokyo, Boston, and Toronto offices.
Jay brings over 20 years of operational experience as Country President and Regional Director with various multinational corporations. Leveraging his background in executive positions, he is participating in operation of all Orchestra portfolio companies as majority-shareholder.
Kiki Yang is the regional co-head of our APAC Private Equity practice, as well as an expert in our global Advanced Manufacturing & Services practice, based in Hong Kong.
She has more than 10 years of consulting and investment banking experience, working extensively with multinational and local clients to address their most pressing strategic issues.
Kiki holds deep expertise in due diligence, strategy and operational and organizational improvement. She has led numerous diligence efforts for global, regional and local private equity funds in industries including telecommunications, media, technology, industrial goods and services, consumer products and retail.
Kiki has led a number of major fund strategy projects with leading private equity funds in Greater China focusing on fund positioning, differentiation, fundraising, organization and governance issues. She has also led a number of cases with private equity portfolio companies focusing on topics such as operational improvement, regional growth opportunities and overall corporate growth strategies.
She holds an MBA with honors from Wharton School of Business and a BA from Hamilton College. She speaks fluent Mandarin, Cantonese and English.
Martin Yung joined HarbourVest in 2014 and focuses on secondary investments. This includes analyzing, structuring, and monitoring a wide range of secondary transactions.
Martin was previously at Pomona Capital where he was responsible for sourcing and executing secondary investments and monitoring its primary fund of funds program in the Asia Pacific region. Prior to that, he held a number of roles at Paul Capital and Lloyds Banking Group in London and Hong Kong.
Mr. Max Chen is a Partner and a founding member of Primavera Capital.
At Primavera, Mr. Chen led the firm’s investments in a variety of opportunities in the consumer and technology sectors, including investments in Alibaba Group, Cainiao Smart Logistics, Alibaba Local Services Group, Palantir, Lufax, iResearch, Vitaco Health and Linksure Global.
Prior to Primavera, Mr. Chen worked at the Investment Banking Division of Goldman Sachs in both Hong Kong and New York.
Mr. Chen received his JD and MBA degrees from Harvard Law School and Harvard Business School respectively and also holds a Bachelor of Arts degree with honors in Applied Mathematics from Harvard College.
Suneel G. Kaji is a Managing Director with Everstone Capital, based in the Firm’s New York office, and addresses cross-border private equity investments and the Firm’s strategic partnerships across investment platforms. Mr. Kaji has over 20 years' private markets’ experience in control and structured direct investing (private equity, special situations, and credit) as well as manager selection and co-investing, principally in Asia and the US. Prior to joining Everstone, Mr. Kaji was a senior member of UTIMCO’s Private Investment team addressing mid-cap private manager relationships and non-syndicated co-investments, including a focus on Asia. Prior to joining UTIMCO, Mr. Kaji had been a Founding Partner of Accordion Capital, the principal co-investment affiliate of Accordion Partners, a New York-based private equity consultancy. Previously, Mr. Kaji had been a Managing Director-Private Investments at The Rohatyn Group/TRG Management in New York and Hong Kong, after having been a Director at GEM-Kinderhook, a mid-cap private investment firm founded by Soros and Morgan Stanley Capital Partners alumni. Mr. Kaji started his buyside career at DLJ Merchant Banking Partners in New York and Hong Kong and at Goldman Sachs PIA, after having started in investment banking at Salomon Brothers in M&A and Leveraged Finance. He received his MBA from the Stanford Graduate School of Business, and Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania.