Despite the credit crunch and malaise in the financial markets, Credit Suisse Private Equity Asia has made two senior hires, continuing the expansion of its Asian private equity team that began last year.
In April 2007, Credit Suisse Private Equity Asia – which takes minority stakes in small to mid-size firms – plucked a team of six investment professionals from hedge fund group Ritchie Capital, including chairman and chief executive of Asia at Ritchie, Harjit Bhatia.
