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UBS promotes Head of Southeast Asian corporate book 

Multinational investment bank UBS Group has promoted Ben Sung to lead its corporate book in Southeast Asia in a move aimed at bolstering its private credit business in the region, according to a report by Bloomberg.

Renovus Capital Partners promotes MDs 

Philadelphia-based private equity firm Renovus Capital Partners has promoted both Lee Minkoff and Moe Tufail to Managing Directors, from their previous roles as Principal and Director of Business Development, respectively.

Dechert hires Partner in private credit expansion 

Global law firm Dechert has appointed Eliot L Relles as a Partner in its corporate and securities practice group as part of efforts to enhance its capabilities in leveraged finance and private credit. Relles will be based in the firm’s New York office.

CVC Co-Founder Mackenzie to step back ahead of IPO

Donald Mackenzie, Co-Founder and Co-Chair of CVC, has decided to step back from an active role with the business, Europe’s largest buyout firm, to focus on his private interests ahead of the company’s long-awaited public listing.

Investec names new Head of ESG, Alternative Investments

Alicia Forry has been named as Head of ESG, Alternative Investments at Investec Alternative Investment Management, an alternative investment platform focused on private market credit strategies, moving from her role as the Head of UK Equity ESG Products at Investec.

Cliffwater Enhanced Lending Fund adds MD to team

Cliffwater Enhanced Lending Fund, an interval fund providing access to alternative private debt strategies, has appointed Nicholas Lenicheck as a Managing Director in its investment team based in New York.

Akram appoints Audit Partner

Akram, a boutique firm providing audit and tax services to hedge funds and other onshore and offshore alternative investment firms, has appointed Ghias Khan as an Audit Partner.

General Atlantic taps KKR director for Asia-Pacific role

US private equity major General Atlantic has added Neal Kok, a Director at rival private investment firm KKR, to its team as it looks to bolster its operations in Australia, according to a report by the Australian Financial Review.

Suntera Global appoints Head of M&A

Fund administration provider Suntera Global has appointed James Harries as Head of Mergers and Acquisitions as part of its global growth strategy. In his new London-based role, Harries will be responsible for driving the firm’s M&A activity.

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