Investindustrial appoints Deutsche Bank's Guan as chair of Asia

Alessia Argentieri
05 March 2020

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Private equity firm Investindustrial has appointed Michael Guan as senior principal and chair of Asia.

Guan will be based in Shanghai and will focus on further consolidating and expanding the firm's presence across Asia.

Prior to joining Investindustrial, Guan worked at Deutsche Bank as chair for M&A in North Asia. He previously was a managing director at Edmond de Rothschild, where he worked from Hong Kong, China and the UK, focusing on M&A and private equity.

Investindustrial opened its office in Shanghai in April 2010. It currently houses a team composed of four professionals and will be further expanded in the coming months, according to the firm.

Investindustrial managing principal Andrea Bonomi said in a statement that China and the rest of Asia represent a "major" growth opportunity for the firm's portfolio companies, and that a strong presence there is vital in order to stay competitive on a global scale.

Investindustrial held a final close for its seventh flagship buyout fund on €3.75bn last year, surpassing its initial target of €3bn. The fund targets controlling stakes in European companies operating in the consumer goods, industrial and healthcare services sectors.

In addition, the GP closed its lower-mid-market fund, Investindustrial Growth, on its €375m hard-cap in May 2018, after less than three months on the road. The vehicle focuses on smaller-scale deals, allowing the firm to cover the entire mid-market and to consolidate its position in southern Europe.