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From the archive: Taking the reins at Clessidra

In 2016 the death of Clessidra’s founder and figurehead threw the Italian firm into disarray and threatened to scupper a fundraising process. This year we met the man charged with riding to the rescue.

Adams Street opens Seoul office

Chris Cho, who joined the investment firm in December from Lazard Asset Management, will head the South Korean outpost as a principal.

Investment director leaves ECI – exclusive

Joe Garrood joined car benefit company Tusker as a commercial director in late July after five years in ECI’s commercial team.

Noah Holdings co-CIO Wang leaves firm

Piau Voon Wang, co-CIO at Noah Holdings, is leaving the firm this month and plans to explore opportunities focused on greater China.

MBK launches special sits platform

The North Asia-focused manager has hired former Deutsche Bank managing director Stephen Le as co-head of its debut credit and special situations unit.

Abraaj’s new head of impact: ‘We must be successful’

Kito de Boer, appointed managing partner to lead the growth market specialist’s impact investing business, told delegates in New York the firm must show other investors a ‘path to success’.

Kleiner Perkins exec eyes $150m healthcare fund – Exclusive

James Huang, managing partner at KPCB China, has formed Panacea Venture, focusing on early stage healthcare investments globally.

NYSTRS on the hunt for assistant PE manager

The pension plan is looking to fill an opening left by Laura Hotaling’s promotion to manager.

National Gallery of Art appoints chief of investments

Christine Kelleher will work alongside the finance committee and treasurer to guide the gallery’s endowment portfolio, which has a 5% private equity exposure.

The man tasked with raising €3bn for Terra Firma

Terra Firma chief executive Andrew Géczy is co-ordinating the fundraising charge at a firm working hard to shake off its image as a one-man-band.

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