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China-focused CDH Investments appoints ex-BofA banker as CEO

Asian dealmaker Alex To has been appointed as the CEO of CDH Investments, an alternative investment fund manager with a focus on China, according to a report by Bloomberg.

The report cites unnamed sources as revealing that To, the former co-head of Bank of America Corp’s Asia Pacific investment banking, is to become a partner at CDH Investments when he takes up his new role in the coming months.

Having begun life back in 2002 as a private equity platform, CDH Investments has since moved into other areas and lists venture and growth capital, real assets, private credit, equities and private wealth management in its offering.

With more than $26.6 billion of assets under management as of September last year, CDH Investments has to dat invested in over 300 companies in China from its office in Hong Kong, Shenzhen, Shanghai, Beijing and Singapore. 

Proper to joining Bank of America, To was chairman of China banking at Morgan Stanley.

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