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CDC Makes Appointments

CDC Group, the UK Government-backed emerging market private equity fund of funds, appointed three senior directors, Hywel Rees-Jones, Investments Director; and two portfolio directors focused on Asia, Anubha Shrivastava and Veronica John. Hywel Rees-Jones formerly spent two years as head of West Africa for Actis, the emerging markets private equity firm and had previously worked for CDC.  Hywel is responsible for CDC's co-investment programme, global sector funds and microfinance across all of CDC's core geographies. He will also explore ways in which CDC can deploy its capital in markets, potentially through secondaries or debt funds, where private equity may not be the most appropriate investment vehicle. Anubha Shrivastava has been appointed portfolio director responsible for South and South East Asia. Anubha previously worked for Performance Equity Management, a global private equity investment firm providing partnership and direct investment services. Prior to that, she worked at Hambrecht and Quist, a private equity firm focused on investments in healthcare and biotechnology. Veronica John has been appointed portfolio director, Asia. She was previously with the Asian Development Bank, where she headed up the private equity investment funds team. She has over 15 years experience in international business and investment banking with a regional focus on Asia and the CIS. She will be responsible for CDC's private equity fund of funds portfolio across all of Asia and the CIS.These appointments take CDC's team of investment professionals and directors to 14 based in London.