Cai joins TA Associates

TA Associates said late Tuesday that Daisy Cai has joined the Hong Kong office of TA Associates Asia Pacific Ltd. as Director, China. Cai joined TA Associates from Goldman Sachs Investment Partners in Hong Kong.

PRESS RELEASE

BOSTON & HONG KONG–(BUSINESS WIRE)–TA Associates, a leading global growth private equity firm, today announced that Daisy Cai has joined the Hong Kong office of TA Associates Asia Pacific Ltd. as Director, China. Ms. Cai will focus on investments in growth companies in China.

Ms. Cai joined TA Associates from Goldman Sachs Investment Partners in Hong Kong where she has been leading deal sourcing, due diligence, transaction execution and portfolio management for growth capital investments in the TMT, consumer and education sectors in Greater China. She was previously with Deutsche Bank Principal Investments in Hong Kong where she participated in deal sourcing and execution for growth equity investments and private investments in public equity in Greater China. Prior to that, Ms. Cai worked at Advanced Micro Devices (AMD) in Silicon Valley where she assessed and executed various acquisitions. She holds six U.S. patents in semiconductor chip design. Ms. Cai earned a Bachelor of Engineering from Tsinghua University, an M.S. in Electrical Engineering from the University of Southern California, and an MBA from Columbia Business School.
“Since establishing the Hong Kong office in 2011, TA has been an active investor in the Asia Pacific region,” said Edward F. Sippel, Managing Director and Co-Head of Asia at TA Associates Asia Pacific Ltd. “We believe it will continue to be a healthy and vibrant market for investment and are growing our team to take advantage of those opportunities. With Daisy’s extensive experience in private equity investing in China, she will be a valuable addition to our team.”
“We are very pleased to welcome Daisy to TA Associates,” said Naveen Wadhera, Director and Co-Head of Asia at TA Associates Asia Pacific Ltd. “Daisy brings notable experience in deal sourcing, due diligence and portfolio management in China. Over the past four years, we have built a strong team of investment professionals in the Asia Pacific region and we look forward to Daisy’s contributions as a member of our firm.”
“With its decades of experience, TA Associates has established itself as a leading global investor,” said Daisy Cai, Director, China at TA Associates Asia Pacific Ltd. “TA has proven adept at applying its long-standing deal sourcing and investment models in China and across Asia Pacific. I am happy to join the team at such an exciting time for the firm in the region.”
TA recently completed an investment in YeePay, a leading payments service provider in China. TA’s other current and past investments in Asia include Aicent, BillDesk (IndiaIdeas.com), Dr Lal PathLabs, Fractal Analytics, Forgame Holdings (HK484), Idea Cellular (NSE:IDEA), Micromax Informatics, Nintex, Rategain, SpeedCast (ASX:SDA) together with its seven associated acquisitions, and Tega Industries.
About TA Associates
TA Associates is one of the largest and most experienced global growth private equity firms. The firm has invested in more than 450 companies around the world and has raised $18 billion in capital. With offices in Boston, Menlo Park, London, Mumbai and Hong Kong, TA Associates leads buyouts and minority recapitalizations of profitable growth companies in the technology, financial services, business services, healthcare and consumer industries. More information about TA Associates can be found at www.ta.com.