Global investment firm Carlyle has appointed Geoff Hutchinson as managing director and head of private equity in Australia and New Zealand, while Avenue Family Office has appointed Anthony Chan, a banker with 30 years of experience in corporate banking and wealth management, as a partner.
Carlyle appoints PE head for Australia, NZ
Global investment firm Carlyle has announced that private equity industry veteran Geoff Hutchinson will be joining the firm as managing director and head of private equity for Australia and New Zealand.
The appointment underscores Carlyle’s strong commitment to Australia and New Zealand as key markets in Asia Pacific, it said.
In his new role, Hutchinson will be responsible for leading the investment advisory team and overseeing investments across the firm’s priority sectors in consumer, healthcare, technology and financial services across Australia and New Zealand. He will be based in Sydney.
Hutchinson has over 15 years of private equity industry experience and brings with him deep expertise in dealmaking and value creation for portfolio companies.
He joins Carlyle from Morrison & Co, where he was co-head for Australia and New Zealand. Prior to that, he was managing director at Pacific Equity Partners where he worked for almost 14 years (from 2008-2021).
Carlyle has invested more than $24 billion of equity in more than 200 private equity transactions in the Asia Pacific region, and more than $1.7 billion of equity in six transactions in Australia and New Zealand as of June 30, 2022.
Avenue Family Office appoints Anthony Chan as partner
Avenue Family Office has appointed Anthony Chan, a banker with 30 years of experience in corporate banking and wealth management as a partner, per a report by finews.asia.
Before joining Avenue, he worked at Standard Chartered and Credit Suisse in corporate banking roles. He also worked in wealth management at Merrill Lynch, Standard Chartered Private Bank, Julius Baer, and Nomura.
Avenue is one of the largest independent asset managers in Hong Kong. The firm provides investment management services to high-net-worth clients by collaborating with prime global private banks as asset custodian and broker.