CLSA Ltd.’s former deputy chief executive officer, John Sun, has this month joined a Hong Kong-based asset management firm as its co-managing partner and chief investment officer.
The firm, APlus Partners, founded in 2020 by China Everbright Ltd.’s ex-Chief Executive Officer Chen Shuang, focuses on private equity and credit investments. Its shareholders include Sequoia Capital China and IDG Capital.
Sun left CLSA last year amid an exodus of senior management from the Hong Kong brokerage. He will manage APlus Partners’ private credit business. The firm plans to lend to small- to medium- enterprises in greater China, with ...
