TPG Adds Asian Financial Services Specialist

Oct 17 2007 | 10:51am ET

Global private equity firm Texas Pacific Group has hired Jerry Ng as head of Indonesia and special advisor for Southeast Asia, effective Nov. 1. Ng will focus on sourcing and managing investments primarily in the financial services sector in Indonesia and the rest of Southeast Asia.

Ng recently served as deputy president director of PT Bank Danamon Indonesia where he worked for over four years.

"We are confident about Jerry's being a key player in our strong Asian team," said Steven Schneider, a TPG partner. "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."

TPG was founded in 1992 and currently has more than $30 billion of assets under management.

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