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Morgan Stanley Private Equity Asia (PEA) is reorganising its teams in the region as its current chief executive of Asia Chin Chou is retiring, according to an internal memo reviewed by Reuters. Morgan Stanley will carve out a China-focused team from the rest of the region that focuses on investments in onshore and offshore China, according to the memo.
HONG KONG (Reuters) -Morgan Stanley Private Equity Asia (PEA) is reorganising its teams in the region as its current chief executive of Asia Chin Chou is retiring, according to an internal memo reviewed by Reuters. Morgan Stanley will carve out a China-focused team from the rest of the region that focuses on investments in onshore and offshore China, according to the memo. The firm has appointed Jun Xu, who is currently head of its yuan-denominated investment funds, to lead all private equity investing in China, the memo said.