|Ashok S. Kothari||
Mr. Kothari is Managing Director and Senior Partner of Asia Pacific Capital. Previously, he directed large, diversified, multi-unit, multi-country businesses of major American corporations. Mr. Kothari has achieved major rationalizations, turnarounds, and exponential growth. He has hands-on experience in building value, and in executing very profitable LBOs, MBOs, privatizations, and IPOs.
Mr. Kothari served as CEO of W.R. Grace (Asia Pacific) Ltd. W.R. Grace was a diversified Fortune 50 corporation with interests in sourcing and contract manufacturing, specialty and agricultural chemicals, natural resources, specialty retailing and restaurants, and health care with over 90,000 employees in over 45 countries. Mr. Kothari also served as President of PPG Industries, Europe, Middle East and Africa, a region with over 8,000 employees and sales of over US$1 billion. PPG, formerly known as Pittsburg Plate Glass, is a Fortune 100 corporation, the largest building materials (glass and coatings) manufacturer with additional interests in specialty chemicals and health care, and an extensive presence in Europe. Mr. Kothari served as Chairman of the Supervisory Boards of over 20 subsidiaries including a number of joint ventures with Fiat. PPG also had large specialty chemicals and medical instrumentation operations in Europe under his leadership.
Earlier Mr. Kothari was with McKinsey & Co., consultants, and with Deloitte & Touche, accountants, both in New York. He holds a B.E. in Mechanical Engineering from M.S. University in India, and an M.S. in Industrial Engineering from Stanford University.
|W. Gage McAfee||
Mr. McAfee is Managing Director and Senior Partner of Asia Pacific Capital. As Chairman of the Main Board Listing Committee and the GEM Listing Committee of The Stock Exchange of Hong Kong Limited and of the Dual Listing Advisory Committee of Securities and Futures Commission, Mr. McAfee is heavily involved in evolving regulatory issues including corporate governance.
In 1992, Mr. McAfee co-founded Asia Pacific Capital Ltd., the original company of the Asia Pacific Capital Group. He made a series of private equity investments in the entertainment and multimedia area, including multiplex theatres in China, Taiwan, Hong Kong, Malaysia, and Singapore. Asia Pacific Capital Group then teamed up with GE to launch the GE Asia Pacific Capital Technology Fund in 2000.
Mr. McAfee has lived and worked in Hong Kong and Southeast Asia since the late 1960s. He served with the U.S. State Department in Vietnam from 1969 to 1971 and was also an Adjunct Professor at the Saigon Law School. For more than twenty years, he was with the American law firm Coudert Brothers where he was a founder of their East Asia group in Singapore and later the senior partner in Hong Kong. He was also a founding partner of the Hong Kong-based private equity group ChinaVest, widely credited as one of the first venture firms to enter China. He was a general partner of four ChinaVest funds.
A former chairman of the American Chamber of Commerce in Hong Kong, Mr. McAfee has acted as an adviser to the Asian Development Bank, served on the General Committee of the Hong Kong General Chamber of Commerce, the Law Reform Commission, and was Deputy Chairman of the Hong Kong Community Chest. Mr. McAfee is a member of the Council on Foreign Relations, the International Institute for Strategic Studies, the Asia Center Committee of Harvard University, the Development Board of Phillips Academy, Andover, Board of Governors of the Chinese International School and served as an adviser to the Hong Kong Basic Law Consultative Committee. Mr. McAfee received an A.B. in Government from Harvard University and a J.D. from Columbia University School of Law.
Ms. Eastman is Managing Director and Partner in Asia Pacific Capital. Previously, she led international efforts at the Global Strategy and Alliances department of Elan Pharmaceuticals, a US$10B pharmaceutical company. Ms. Eastman worked directly with the CEO to lead business development, outsourcing, and investment in Asia and worked with the CFO on general M&A, corporate finance, and restructuring. Prior to Elan, she was Vice President of Prudential's Asia Infrastructure Mezzanine Capital Fund (Franklin Templeton), concentrating on portfolio management and investments in technology and communications. She was a Founding Principal at NetFuel Ventures (acquired by Arch Development, a subsidiary of the University of Chicago), and has held international strategy and investment positions at Cap Gemini Ernst & Young and Lend Lease. She was also a financial analyst in the Asian Operations group at AirTouch International (Vodafone) monitoring joint venture investments in India, Korea, and Japan.
Ms. Eastman is a Trustee of Prospero, a non-profit organization which identifies and sources donations for grass-roots charities worldwide and sits on the Board of One Ummah, a Foundation dedicated to building schools and health facilities in developing Asia and the Middle East. Ms. Eastman holds a BS in Economics from the Wharton School at the University of Pennsylvania and an MA from the Fletcher School of Law & Diplomacy at Tufts University. She was a founding member of the Wharton club of Hong Kong and is the Head of the Fletcher Club of Hong Kong.