People Digest: ShawKwei & Partners ropes in former exec as SG MD; Pension firms GPIF, APG forge partnership

Asian private equity (PE) firm ShawKwei & Partners has roped in former executive Luyi Zheng as its managing director in Singapore. Meanwhile, Japan’s Government Pension Investment Fund (GPIF) and Dutch pension investor APG are jointly launching an investment programme to tap infrastructure deals in developed markets.

Luyi Zheng rejoins ShawKwei & Partners as MD

Asian private equity (PE) firm ShawKwei & Partners has roped in former executive Luyi Zheng as its managing director in Singapore.

Prior to re-joining ShawKwei, Zheng worked for four years with ride-hailing giant Grab Holdings on strategic investment and partnership projects across Southeast Asia.

“Her return signifies both a homecoming and a reinforcement of our commitment to excellence in investment management,” said Kyle Shaw, founder and managing partner at ShawKwei & Partners.

Zheng, who holds an MBA degree from London Business School, served as the vice president of investments at ShawKwei & Partners from October 2010 to July 2017 in Hong Kong. During her tenure in the firm, she focused on deals in advanced manufacturing and industrial services.

Japan’s GPIF ties up with Dutch pension investor APG

Japan’s Government Pension Investment Fund (GPIF) and Dutch pension investor APG are jointly launching an investment programme to tap infrastructure deals in developed markets.

The collaboration brings together two of the world’s leading pension investors, with a combined asset under management of over €2 trillion, per a media statement.

“GPIF has been increasing exposure to alternative investments (infrastructure, private equity, and real estate)…seeking to improve investment efficiency and further ensure the stability of pension finance,” said Masataka Miyazono, President at GPIF.

The partnership will focus on investment opportunities that align with the long-term strategies of both pension funds.

“We believe that joining forces will help to address the growing need for coordinated actions from like-minded, long-term investors to deliver long-term value to our beneficiaries and the broader society,” said Ronald Wuijster, CEO at APG Asset Management, in a statement.

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