Permira has appointed Henry Chen, the former co-head of the General Industrials Group for Asia ex-Japan at Goldman Sachs, as head of Greater China.

Chen will responsible for running the firm's new Hong Kong office, which opened in June, and for developing Permira's private equity business in the region.

“Henry's outstanding transaction track record, leadership experience and unparalleled contacts in the region will be invaluable to the firm as we continue to build an international platform for growth,” said Guido Paolo Gamucci, chairman of Asia Pacific for Permira.

“His sector expertise, particularly in consumer retail, industrials and healthcare, are perfectly aligned with Permira's core areas of expertise and we look forward to working together on developing our franchise further in Asia.”

Permira also has an office in Tokyo, which opened in 2005.