Permira, the global private equity firm, is pleased to announce the appointment of Daniel Tan as Head of Asia. Alex Emery, who served as Head of Asia from 2011, has been appointed Chairman of Asia. Together, Daniel and Alex will continue to develop Permira’s sector-driven, thematic investment strategy across the APAC region.
Daniel first joined Permira in the Menlo Park office in 2015, before subsequently relocating to Hong Kong and then Singapore, where he is now based. At Permira, Daniel focuses on investment opportunities in the Services and Technology sectors across APAC, including Magento, Tricor and English First Kids & Teens. Alex originally joined Permira in the London office in 2002 and helped establish Permira’s Asia presence in Tokyo in 2005, before overseeing expansion to Hong Kong, Seoul, Shanghai and Singapore. As part of this transition, Chris North and Speed Liu have been appointed heads of the Hong Kong and Shanghai offices, respectively.
Permira pursues a sector-driven strategy, backing market-leading incumbents and high-growth disruptors. Building on its investments in the region into companies such as Tricor, the pan-Asia business expansion specialist, I-MED, Australia’s leading medical imaging provider, and Akindo Sushiro, the leading regional sushi chain operator, Permira continues to see significant opportunity to back high-quality growth businesses across North Asia, South-East Asia, Australia and India.
About Permira
Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds with total assets under management of €60bn+ and makes long-term majority and minority investments across two core asset classes, private equity and credit.
The Permira private equity funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Healthcare and Services. Permira Credit is one of Europe’s leading specialist credit investors, supporting businesses with flexible financing solutions across Direct Lending, CLO Management and Structured Credit. Established in 2007, the firm advises investment funds and products which have provided more than €14bn of debt capital to over 300 European businesses.
Permira has been operating in Asia for over 17 years. During this time, Permira has deployed more than $4.5 billion (about €4.1 billion) of equity capital in the APAC region. Current and previous Permira fund investments in the region include I-MED, Tricor, Akindo Sushiro, Grobest and Galaxy Entertainment.
Permira employs over 450 people in 16 offices across Europe, the United States and Asia. For more information, visit www.permira.com or follow us on LinkedIn or Twitter.