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The firm has halted fundraising and capital deployment as Arif Naqvi hands over leadership to two co-heads.
The veteran will continue as head of direct funds as four executives take up their places on the committee.
Niten Malhan, who has been managing director and co-head of India since 2012, is planning to launch his own investment firm.
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.
Chris Cho, who joined the investment firm in December from Lazard Asset Management, will head the South Korean outpost as a principal.
Joe Garrood joined car benefit company Tusker as a commercial director in late July after five years in ECI’s commercial team.
Piau Voon Wang, co-CIO at Noah Holdings, is leaving the firm this month and plans to explore opportunities focused on greater China.
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.
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’.
James Huang, managing partner at KPCB China, has formed Panacea Venture, focusing on early stage healthcare investments globally.

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