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Dahai Yu joins Advent International’s operating partner programme

Private equity firm Advent International has appointed Dr Dahai Yu as an operating partner.

An executive with extensive operational expertise in the international chemicals industry, Yu will advise and work closely with Advent’s chemicals team to help source new investment opportunities globally, including China, and support Advent’s global chemicals assets post-investment as appropriate.
 
Yu will take on an advisory role at Allnex, a supplier of coating resins and additives, which was formed following Advent’s acquisition of Cytec Industries’ coating resins business last year.
 
Yu’s industry experience spans over two decades. Most recently, he held various positions at one of the world's leading specialty chemicals companies, Evonik Industries. He was head of agrochemicals and intermediates at Evonik from 2003 until 2006.  He then became the regional president of Greater China and was subsequently appointed to the executive board in 2011. Yu’s roles also included head of strategic controlling for the fine and industrial chemicals division and corporate development director.
 
Ron Ayles, managing director and head of Advent’s chemicals practice, says: “We are pleased to welcome Dahai Yu to our international operating partner programme. Advent continues to be an active investor in the chemicals sector and Dahai’s considerable experience will further enhance our capabilities in this market. His expertise and broad, global insight into the industry will provide great support to the firm and our portfolio companies.”

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