Wednesday, 22 October 2014
Last updated 9 hours ago
Oct 15 2007 | 7:41am ET
Private equity giant Texas Pacific Group has hired a Citigroup veteran to head its Indonesian investments.
Jerry Ng is to join the Fort Worth, Texas-based private equity firm on Nov. 1. As head of Indonesia and special advisor for Southeast Asia, Ng is to focus on the financial services sector.
“We are confident about Jerry’s being a key player in our strong Asian team,” TPG partner Steven Schneider said. “He is known for his unique brand of principle-based, strategic leadership in a multinational and local setting; financial services expertise in both the private and government sectors; and deep-seated networking in Southeast Asia, particularly in Indonesia.”
In addition to five years at Citibank, Ng has served as deputy president director at PT Bank Central Asia and as deputy chairman of the Indonesian Banking Restructuring Agency. He joins TPG from PT Bank Danamon Indonesia, where he was deputy president director.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...