CDIB Capital Announces Appointment of Head of Newly-Created Buyout GroupHong Kong, September 2, 2019
Continuing its commitment to building a world class executive management team across its Asian and international footprint, CDIB Capital announced today the appointment of Mr. Alex Ying, a 20-year veteran of the Carlyle Group and founder of Rivendell Partners, as Head of the newly created Buyout Group with immediate effect.
Mr. Ying’s appointment dovetails with CDIB Capital’s increasing strategic emphasis on mid-market buyout opportunities in the region as markets mature, particularly within Greater China. Alex will oversee activities in this area and adds his significant experience in leveraged buyouts to our collective capabilities. His arrival underscores the continuing investment in senior leadership as CDIB grows and follows on the recent addition of Mr. William Ho, President of CDIB Capital Group, who also brings a wealth of experience in buyouts, having spent 25 years at CVC Capital Partners.
Commenting on the appointment, Lionel de Saint Exupéry, Chairman and CEO, said “I am delighted to have Alex join our team, with his considerable experience in buyouts and across key investment sectors that CDIB targets. We are confident that Alex will contribute greatly to enhancing our growing platform and delivering top returns for our investors.”
Mr. Ying joins from Rivendell Partners which he founded and where he was Managing Partner, leading the firm’s buyout focus in Greater China. Previously, he served 20 years with the Carlyle Group, where he last served as Managing Director, principally on the buyout side across a range of industries in Greater China. Mr. Ying has also worked as part of Carlyle’s U.S. Real Estate Group before joining Carlyle Asia.
“I am extremely pleased to join CDIB Capital Group,” Alex said. “The team has a strong track record and, given the platform’s deep connectivity and resources in the Greater China market, is well positioned to take advantage of investment opportunities in the region. Buyouts are a strategic priority for the Group and I look forward to serving CDIB’s investors in the future.”
About CDIB Capital
CDIB Capital is a leading Asian private equity investor focused on middle market growth capital and buyout transactions. We leverage on our deep experience in venture and private equity to invest in compelling companies in consumer/retail, value-added manufacturing, healthcare, technology and new services, seeking to capitalize on cross market opportunities in the Asia-Pacific region. We are an affiliate of China Development Financial (“CDF”), one of the largest and most established merchant banking groups in Greater China with approximately US$100 billion in assets.
CDIB Capital is headquartered in Hong Kong and has offices in Taipei, Shanghai, Seoul and New York. For more information, please visit our website at www.cdibcapital.com.