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Blackstone's new China/HK director: Highly prestigious
| Diverse private investor | 01/11/07 |
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Date: January 11th, 2007 4:30 PM Author: Diverse private investor "Blackstone Group LP, seeking its first buyout in China, hired former Hong Kong Financial Secretary Antony Leung to narrow the gap with Carlyle Group and Bain Capital LLC in the world's fastest-growing major economy."
"Leung, who married Chinese Olympic gold medalist diver Fu Mingxia in 2002, resigned as financial secretary in July 2003 after being criticized for buying a luxury car just before increasing the vehicle tax. Hong Kong's economy was in disarray when he left, with unemployment at a record and thousands of people taking to the streets to protest against the government. " http://www.bloomberg.com/apps/news?pid=20601103&sid=a8hWh7Ai6TUE&refer=news |