Tenzin Partners

Private equity firms are ramping up recruitment for specialist private wealth talent as they tap into the growing pool of high-net-worth capital. Unlike institutional fundraising, private wealth requires a distinct skill set—combining investment expertise with deep knowledge of wealth distribution, client engagement, and product development. General partners (GPs) are hiring professionals who can translate complex strategies into accessible narratives for advisers and clients, while also strengthening operational infrastructure to support evergreen fund structures and enhanced liquidity. Demand spans front-office roles in investor relations and marketing, as well as back-office functions in finance, compliance, and valuation. The shift underscores a broader trend: success in private wealth depends on collaboration with private banks, distributors, and wealth managers, making relationship-building and technical execution critical priorities for GPs entering this channel. Source: Private Equity International #PrivateEquity #PrivateWealth #TalentStrategy #Fundraising #AlternativeInvestments #CapitalMarkets #EvergreenFunds #InvestorRelations #WealthManagement #CareerMoves

Vontobel has appointed Cody Law as Senior Relationship Manager for intermediary clients in Hong Kong, signaling its push into Asia’s retail wealth market. Law joins from Jupiter Asset Management, where he led intermediary relationships, and brings extensive experience from Janus Henderson Investors and over 16 years at HSBC, Citibank, and Standard Chartered in investment advisory roles. The hire underscores Vontobel’s strategy to strengthen its presence in Asia and deepen partnerships with local distributors as demand for global investment solutions grows across the region. Source: Citywire Asia #Vontobel #WealthManagement #AssetManagement #LeadershipMoves #ExecutiveAppointments #AsiaFinance #HongKongFinance #InvestmentStrategy #CareerMoves #GlobalMarkets

Binance has appointed cofounder Yi He as co-CEO, joining Richard Teng at the helm of the world’s largest cryptocurrency exchange. Yi He, widely regarded as one of the most influential figures in crypto, will help steer Binance through a period of heightened regulatory scrutiny and strategic transformation following Changpeng Zhao’s departure in 2023. The leadership move underscores Binance’s commitment to strengthening governance and expanding global operations as the crypto industry navigates evolving compliance standards and market volatility. Source: Fortune #Binance #Crypto #LeadershipMoves #Blockchain #ExecutiveAppointments #DigitalAssets #RegTech #GlobalFinance #Cryptocurrency #CorporateLeadership

Singapore-based Embed Financial Group Cayman Holdings (EFGH) plans to list in the U.S. via a SPAC merger with WinVest Acquisition Corp, valuing the company at a pro forma enterprise value of about US$425 million. The Nasdaq listing aims to accelerate EFGH’s mission to build the “finternet”—a universal digital infrastructure connecting financial ecosystems for SMEs and underserved consumers across Africa and Asia. EFGH operates in 12 markets, including Singapore, Vietnam, Nigeria, and Ghana, developing platforms that link governments, telcos, banks, and SMEs to faster, more efficient financial networks. The SPAC route was chosen for its structured, transparent process rather than speed, reflecting a disciplined approach amid renewed interest in SPACs globally. Source: The Straits Times #Fintech #SPAC #IPO #DigitalInfrastructure #SMEs #CapitalMarkets #SingaporeFinance #FinancialInclusion #EmergingMarkets #TechnologyInnovation

Millennium, the $81 billion hedge fund led by Izzy Englander, faced significant losses in its index-rebalance strategy in November, with teams overseen by star PMs Glen Scheinberg and Pratik Madhvani reportedly down hundreds of millions. The strategy, which bets on stocks added or removed from major indexes like MSCI and S&P 500, was hit hard during one of the year’s largest rebalancing events. Despite the setback, Millennium posted a modest 0.5% gain for the month and remains up 8.3% year-to-date, though it lagged rivals such as Citadel, Point72, and Balyasny. The losses highlight the risks of crowded event-driven trades amid volatile market conditions. Source: Business Insider #HedgeFunds #Millennium #IndexRebalance #InvestmentStrategy #EventDriven #CapitalMarkets #QuantTrading #MarketVolatility #AlternativeInvestments #GlobalFinance

Private equity exits in the U.S. are on track for a second consecutive year of recovery, according to PitchBook. Through October 2025, buyout firms completed 1,300 exits worth $621.7 billion, surpassing the $379.6 billion recorded in 2024. Activity accelerated in Q3 to levels last seen in late 2021, signaling renewed momentum in dealmaking. Despite the rebound, challenges remain: median hold periods have risen to 3.9 years, and nearly 30% of PE-backed assets are seven years or older. Fundraising is also concentrated among the largest firms, while first-time funds face record-low capital inflows. PitchBook notes the “private equity flywheel” is turning again, but not yet at full speed. Source: Reuters #PrivateEquity #Exits #CapitalMarkets #InvestmentStrategy #Fundraising #AlternativeInvestments #DealFlow #LiquiditySolutions #GlobalFinance #PitchBook

ICICI Prudential Asset Management is set to launch a $1.2 billion IPO next week, marking one of India’s largest listings in the asset management space. The offering underscores strong investor appetite for financial services and the growing scale of India’s mutual fund industry, which has seen record inflows amid rising retail participation and market optimism. The IPO will position ICICI Prudential AMC to capitalize on expanding domestic wealth and deepen its footprint in India’s fast-growing asset management sector. Source: Bloomberg #ICICIPrudential #IPO #CapitalMarkets #AssetManagement #IndiaFinance #InvestmentStrategy #MutualFunds #WealthManagement #MarketTrends #FinancialServices

Wall Street bankers are urging private equity firms to accelerate IPO plans in 2026, aiming to revive public listings after years of subdued activity. Following pandemic-era dealmaking and extended holding periods, sizable companies across industrials and tech are expected to hit the market next year. The push reflects growing optimism that a wave of portfolio company listings could reignite IPO momentum, offering liquidity for buyout firms and fresh opportunities for investors amid improving market conditions. Source: Bloomberg #PrivateEquity #IPO #CapitalMarkets #InvestmentBanking #MergersAndAcquisitions #DealFlow #GlobalFinance #MarketTrends #LiquiditySolutions #CorporateFinance

Private capital partnerships are reshaping Asia’s life and annuity insurance sector as demographic shifts toward retirement and regulatory changes drive demand for stronger balance sheets. Insurers are increasingly turning to alternative investors for capital solutions, enabling them to meet solvency requirements while unlocking growth opportunities in long-duration assets. This trend reflects a broader convergence between insurance and private markets, with global asset managers and sovereign funds deploying capital into Asia’s insurance-linked strategies to capture stable returns and diversify portfolios. Source: AsianInvestor #Insurance #PrivateCapital #AlternativeInvestments #AsiaFinance #LifeInsurance #Annuities #CapitalMarkets #InvestmentStrategy #FinancialServices #RegulatoryTrends

DBS has hired Sarah Tsao from UBS for a senior role covering government-linked corporations in Singapore, including Temasek Holdings, GIC, and their subsidiaries. Tsao, who was appointed UBS’s head of global banking for Singapore earlier this year, brings extensive experience from roles at Temasek, Goldman Sachs, and ANZ. The move underscores DBS’s focus on strengthening relationships with state-linked entities as Temasek reorganizes its $434 billion portfolio and the bank continues to expand its wealth management leadership across Asia. Source: The Edge Singapore #DBS #LeadershipMoves #InvestmentBanking #WealthManagement #ExecutiveAppointments #SingaporeFinance #CapitalMarkets #CorporateFinance #CareerMoves #AsiaFinance