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KKR Greater China head steps down to take adviser role - sources

HONG KONG (Reuters) - Paul Yang, partner and head of Greater China at KKR & Co (NYSE:KKR), has recently stepped down to take an adviser role with the private equity firm, two...
KKR Greater China head steps down to take adviser role - sources © Reuters. FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., Aug. 23, 2018. REUTERS/Brendan McDermid/File Photo

HONG KONG (Reuters) - Paul Yang, partner and head of Greater China at KKR & Co (NYSE:KKR), has recently stepped down to take an adviser role with the private equity firm, two people familiar with the situation told Reuters.

Yang, a Taiwan native, was previously the president and chief executive of China Development Financial Corp, a Taiwanese merchant banking group.

Yang, who joined KKR in 2017, has in the past worked at a number of financial institutions including DBS Bank where he was head of private equity and mezzanine finance, Goldman Sachs (NYSE:GS) and General Atlantic, according to KKR's website.

Yang, who is based in Hong Kong, has decided to step down due to personal reasons, said one of the people. His new role will be effective July 1.

Both Yang and KKR declined to comment.

KKR has done 10 investments in China since 2017, its website showed, including a stake in China's social media giant Bytedance, education app Huohua Logic and premium liquor company ZJLD Group.

The firm currently has 35 investment professionals in Beijing and Shanghai.

It is expected to appoint a new head of Greater China to be based in mainland China, said one of the sources, who declined to be identified as the information was not public.

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BROKERS ĐƯỢC CẤP PHÉP
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25-06-2022 23:41:51 (UTC+7)

EUR/USD

1.0554

+0.0031 (+0.29%)

Summary

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Moving Avg:

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Sell (4)

EUR/USD

1.0554

+0.0031 (+0.29%)

Summary

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Moving Avg:

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Sell (1)

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GBP/USD

1.2272

+0.0012 (+0.10%)

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USD/JPY

135.23

+0.29 (+0.22%)

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0.6944

+0.0055 (+0.80%)

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1.2891

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142.71

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1.0114

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1,828.10

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21.130

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3.7365

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 EUR/USD1.0554Buy
 GBP/USD1.2272↑ Sell
 USD/JPY135.23↑ Buy
 AUD/USD0.6944↑ Sell
 USD/CAD1.2891↑ Sell
 EUR/JPY142.71↑ Buy
 EUR/CHF1.0114↑ Sell
 Gold1,828.10↑ Buy
 Silver21.130Neutral
 Copper3.7365Sell
 Crude Oil WTI107.06↑ Sell
 Brent Oil113.19↑ Sell
 Natural Gas6.173↑ Buy
 US Coffee C223.40↑ Buy
 Euro Stoxx 503,533.17Neutral
 S&P 5003,911.74↑ Buy
 DAX13,118.13↑ Sell
 FTSE 1007,208.81↑ Buy
 Hang Seng21,719.06↑ Buy
 Small Cap 20001,765.74↑ Buy
 IBEX 358,244.10Sell
 BASF42.215↑ Buy
 Bayer57.79↑ Sell
 Allianz181.20↑ Sell
 Adidas170.36↑ Sell
 Lufthansa5.966↑ Sell
 Siemens AG102.62↑ Buy
 Deutsche Bank AG8.919↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,760/ 6,840
(0/ 0) # 1,696
SJC HCM6,785/ 6,865
(5/ 5) # 1,716
SJC Hanoi6,785/ 6,867
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SJC Danang6,785/ 6,867
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SJC Nhatrang6,785/ 6,867
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SJC Cantho6,785/ 6,867
(5/ 5) # 1,718
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