KPMG has named Honson To as regional head of private equity for the Asia-Pacific region. He has been a partner with KPMG China since 2003. He will be based out of Shanghai.
Honson To has been a partner at KPMG China since 2003 and has 13 years of experience providing M&A advisory services to both strategic and financial investors. He has been head of the KPMG China’s Private Equity practice for the past two years, a role he will be continuing alongside this new wider regional one.
Commenting on his appointment, To remarked, “This is an opportune moment to be taking on this regional leadership role. Capital-raising is clearly a challenge and not all funds will have the necessary liquidity to take advantage of opportunities. Private equity funds, however, are increasingly focusing on the Asia Pacific region and in the current climate there are many well-priced opportunities for investors to take advantage of. ”
To added that he is looking forward to cementing KPMG’s strong relationship with the private equity community. “Recent research by KPMG suggests that the Asian corporate sector increasingly appreciates the role that private equity firms can play in transforming a business to enhance growth, governance and performance,” he comments. “While deal flow has slowed in 2008, private equity firms have widened their reach across new sectors and become more visible in the marketplace.”
KPMG’s Global Private Equity Group was established in 2003 to support the link between a private equity fund, its managers, the transactions, the investments and the realisation of value.
KPMG is a global network of professional firms providing Audit, Tax and Advisory services. PMG network are affiliated with KPMG International, a Swiss cooperative.