Hong Kong, Hong Kong S.A.R., September 22, 2012 --(PR.com
)-- Headland Capital Partners Limited (“Headland”) has announced that the appointment of George Raffini as Chairman and Marcus Thompson as Chief Executive Officer, respectively, of the firm. Mr. Raffini and Mr. Thompson were previously Joint Managing Partners of Headland. The firm also named Douglas Ng as Senior Partner, Head of Corporate Development, from his prior role of Senior Partner, Investor Relations.
As CEO, Mr. Thompson will assume further responsibility for Headland’s strategic and operational initiatives. Mr. Raffini’s involvement in respect of Headland’s Investment Committees and fund investment activities will remain unchanged, and he will continue to work closely with Mr. Thompson on firm-focused activities. Mr. Ng will also take on a broader role within Headland in his new position.
Mr. Raffini commented that he is “most positive about Marcus assuming this wider role given our over 20 years as colleagues and his work in promoting best practices, teamwork and a performance-oriented culture at Headland.” Mr. Thompson noted his “intention to build on Headland’s successful history by expanding my operational and strategic role in driving Headland’s positioning and prospects.”
About Headland Capital Partners
Headland Capital Partners Limited, formerly, HSBC Private Equity (Asia) Limited, has been advising private equity and venture capital funds since 1989. Headland endeavours to be a trusted and commercially-minded investment partner for entrepreneurial management teams in Asia and strives to assist these teams to build upon or achieve industry leadership positions for their businesses. The firm believes such partnerships support these companies and their management teams to attain sustainable financial success while delivering attractive returns for its advised funds.
During its history, Headland has advised six regional private equity funds, with aggregate capital of approximately US$2.9 billion. Current active funds, with committed capital of approximately US$2.0 billion, include: The Headland Private Equity Fund 6 L.P. and The Headland Private Equity Fund 3 Limited. Funds advised by Headland have invested in more than 100 companies located primarily in Greater China, South Korea and Southeast Asia.