Alan Chen jumps ship from Goldman Sachs to Permira to head the China business, while Christian Paul joins the European buyout fund as portfolio director.
The private equity firm is seeking to source investment opportunities in Greater China and has named Beijing-based David Ho, Nokia’s former China president, as senior adviser.
Permira backs a $200 million management buyout of Asia Broadcast Satellite from a consortium of private equity investors led by CVC, leaving it with a majority stake.