Edward King has been named managing director of Barclays Capital’s Mergers & Acquisitions, IBD Asia Pacific, division, the bank announced. King was previously at Morgan Stanley’s Asia Pacific M&A division, where he worked on the $3.2 billion acquisition of Arrow Energy by PetroChina and Royal Dutch Shell and on the sale of Chartered Semiconductor to ATIC for $3.1 billion.
Barclays Capital, the investment banking division of Barclays Bank PLC, today announced the appointment of Edward King as Managing Director and Head of Mergers & Acquisitions, IBD Asia Pacific.
Based in Hong Kong, Mr King will work to accelerate the firm’s momentum in the continued expansion of its advisory capabilities in Asia Pacific to offer clients a consistent global approach with local expertise. He will leverage the strong client relationships that Barclays Capital has with corporate and financial sponsor clients in Asia and around the world to establish a truly global cross-border M&A franchise.
‘I am delighted to welcome Ed to our team. His breadth of expertise underlines our commitment to providing a superior full-service product offering to our clients,’ said Matthew Ginsburg, Head of Investment Banking, Asia Pacific.
‘With more than 20 years of coverage and advisory experience, Ed brings impeccable credentials as a world-class advisory professional to our global investment banking franchise,’ commented Paul Parker, Chairman and Head of Global M&A.
Mr King has built lasting client relationships across a broad range of sectors and geographies, and has held leadership positions globally whilst demonstrating outstanding M&A advisory skills. In his 11 year tenure at Morgan Stanley, he most recently served as Head of the Asia Pacific Mergers, Acquisitions and Restructuring department and Head of the Asia Pacific Financial Sponsors group in Hong Kong. He was also a member of Morgan Stanley’s Global Investment Banking Management Committee and Asia Pacific Franchise Committee. Previously, he served as Head of Morgan Stanley’s China M&A business, with extensive experience advising global and Chinese multinational companies with respect to their China and international expansion strategies. Prior to joining Morgan Stanley in 1999, he was with Donaldson, Lufkin & Jenrette in New York and Hong Kong, where he was a founding member and later Head of the Asia M&A group.
During his career, Mr King has advised governments, leading corporations and private equity firms on a variety of transactions around the world. Most recently, he successfully led a number of landmark transactions in Asia, including advising PetroChina, together with Royal Dutch Shell, on their acquisition of Arrow Energy for $3.2 billion; Orient Overseas (International) on the sale of its China real estate development subsidiary to CapitaLand for $2.2 billion; and Chartered Semiconductor in the sale of the company to ATIC for $3.1 billion.
With Mr King’s appointment, Jason Rynbeck will assume the role of Vice Chairman of Barclays Capital’s Asia Pacific M&A franchise. Joining Barclays Capital in August 2008, his dedication and leadership has contributed significantly to the success of the firm’s business during its critical building phase. In his new role, he will be an important part of the M&A leadership team, focusing on the coverage of key clients in the region.