Capstone Partners, a private equity placement agent, has opened an office in Shanghai. It will be led by Sheng Lu, a former partner with Heidrick & Struggles.
Capstone Partners, a leading independent placement agent, is pleased to announce its expansion into Asia with the opening of its Shanghai office. The office will be headed by Mr. Sheng Lu, a former Partner with Heidrick & Struggles. Capstone Partners, with a global team of over 20 experienced professionals and offices in North America, Europe and now Asia, has built a successful track record in private equity and real estate fundraising with 20+ mandates since 2001 with over $7 billion in commitments.
“The Asia Pacific region offers enormous potential to both private equity and real estate investors with an increasing number of talented investment firms, well positioned to create value in markets with attractive and very significant investment opportunities. There is a growing demand for private equity and real estate investments in the region and Capstone will play an active role in providing international investors with privileged access to both established and emerging Asian investment firms. Additionally, by building closer relationships with Asian investors, including sovereign wealth funds, we further diversify the prospective investor base for investment fund managers in North America and Europe,” says Tripp Brower, Partner at Capstone Partners, USA.
“Capstone Partners’ proven success, recognized expertise, global reach, commitment to their clients and independence were key factors in my decision to join the firm,” says Sheng Lu. “The team’s long-standing experience in raising capital for private equity and real estate funds, combined with its highly developed and structured fundraising process, are key features of a successful international placement firm.”
Prior to joining Capstone Partners, Sheng Lu was a Partner with Heidrick & Struggles (“H&S”), a leading firm in the executive search industry and founded and led the H&S fund placement initiative in Asia. Sheng assisted investment managers in China / Asia with their fund raising programs and served the recruitment needs of Private Equity and Venture Capital firms and their portfolio companies. Before joining H&S, Sheng was an Advisor to Milestone Capital, a China-based growth capital fund, and served three years as CFO at Onewave Inc, a late stage start-up IT/Internet Company financed by VC funds such as Chengwei, Granite (GGVC), Venture TDF (now KPCB China), and Intel Capital. Sheng Lu has 20 years of working experience in the United States, Asia and China and holds an MBA in Finance from the University of North Texas, USA, a Master of Arts in Comparative Literature and a Bachelor of Arts in English from Fudan University, China.
The Shanghai office is located at Ste 703, Building 3, 339 Xikang Road, Shanghai 200040, China. Sheng Lu can be reached at +86 21 5213 6959 or [email protected]
About Capstone Partners
Founded in 2001, Capstone Partners (www.csplp.com) is a leading independent placement agent focused on raising capital for private equity and real estate firms. Capstone has successfully assisted in the raising of over 20 funds with commitments in excess of $7 billion. Its experienced team of over 20 professionals, working from offices in North America, Europe and Asia, is well placed to assist investment firms in the international development of their investor base and complete successful fund raisings in a timely and efficient basis across different cycles.