Chinese private equity firm HongShan Capital Group (HSG) has hired Komi Kyu, a former Bain Capital Managing Director, to lead its new Japan operations, according to a report by Reuters citing unnamed sources familiar with the matter.

Lade King, a seasoned technology leader with experience at Goldman Sachs, JPMorgan, and most recently at quant hedge fund Two Sigma, has made a move to private equity, joining TPG as Engineering Chief Operating Officer, according to a report by eFinancial Careers.

ICG, the global alternative asset manager, has opened its its first Swiss office, located in Zurich. The office opening coincides with the appointment of Jürg Rimle as a Managing Director within its Client Solutions Group.

Global alternative investment firm Investcorp has appointed Vivek Agarwal as Senior Operating Partner for its India operations. Agarwal will lead the firm’s strategic expansion into opportunities in the software and software services sectors.

Gresham House Ventures, a growth equity investor specialising in software and digitally driven businesses in the consumer, healthcare and service sectors, has appointed Marieke Christmann as Portfolio Director as the firm continues to strengthen its venture capital capabilities.

Swedish private equity giant EQT has named Per Franzén as its new Chief Executive Officer and Managing Partner, effective 27 May 2025, with Christian Sinding to remain as CEO until then, before transitioning to a new role as an Institutional Partner and Council Chair.

Ninety One, a global investment manager with $163bn AUM, has appointed Leong Kae Xiang as Director, with a focus on the development and management of Ninety One’s infrastructure debt portfolio in South and South East Asia.

British Columbia Investment Management Corporation one of Canada’s largest institutional investors, has expanded its Private Equity group into London, with the appointment of a new team led by senior executives Natasha Dillon and Derrick Estes.