LONDON and BEIJING, Sept. 12, 2012 /PRNewswire/ -- Actis, the pan-emerging markets private equity firm, today announced the appointment of Max Lin as a Director in Beijing; Max takes up his post with immediate effect.
Max will seek investment opportunities in China, drawing on his broad experience in private equity and investment banking.
Max began his career as a business and tax consultant in Australia. In 1999, he moved into investment banking starting with Credit Suisse in Hong Kong before working at HSBC and Citigroup. In 2008, Max was part of the founding team of HOPU Investments; during his tenure at HOPU he led the execution of several significant transactions including investments in the Chinese financial services, logistics, industrials and consumer sectors. Max is a qualified Chartered Accountant.
Max joins Actis's well-established China team, led from Beijing by Meng Ann Lim. China is an important focus for Actis's global business; the firm currently has over US$650m invested in leading Chinese businesses including, hot-pot chain Xiabu Xiabu, and catering equipment manufacturer, Vesta.
Commenting on Max's appointment, Meng Ann Lim, Head of China and Southeast Asia at Actis said, "Max's appointment strengthens our ability to back quality companies which serve the changing aspirations of the Chinese consumer. He brings strong business acumen, a solid network and a track record for sourcing and executing superior transactions in the Chinese market. We are delighted to welcome him onboard."
Max Lin said of his appointment, "Actis has a long-standing reputation for delivering bold, innovative private equity deals. This role offers a rare opportunity to be part of an impressive local team supported by a robust global platform; I look forward to working in collaboration with my colleagues across the firm."
About Actis
Actis invests exclusively in the emerging markets with a growing portfolio of investments in Asia, Africa and Latin America; it currently has US$5bn funds under management. Combining the expertise of over 100 investment professionals on the ground in nine countries, Actis identifies investment opportunities in three areas: private equity, energy and real estate. Actis remains strongly committed to China with over US$650m invested in leading Chinese businesses. Actis is proud to actively and positively grow the value of those companies in which it invests and in so doing contribute to broader society. www.act.is
Media contact:
Hwee-Chuin Ang
+86-10-6535-4805
+86-13811374497
hcang@act.is
www.act.is
