Lydia Hao joins the asset manager in Hong Kong and will focus on primary funds, secondaries and co-investments.
The stakes were offloaded by Norinchukin Bank, a Japanese co-operative.
The US pension has backed the fund of funds' latest vehicle and has also committed to an SMA with the Asia-focused manager.
The Japanese pension giant has received 23 proposals from private equity funds of funds in its first recruitment drive for external managers for alternatives.
Impending NAV updates and carried interest catch-up can make or break a transaction.
The investment bank's analysis of the first half suggests that 2017 could break records on a number of fronts.
The Singapore-based hire will focus on direct and secondaries investments in the asset class.
The world’s third largest pension fund maybe going through turmoil, but its alternatives programme still looks inviting to fundraisers.
The region priced highest among all fund types apart from venture capital and infrastructure, according to data from Setter Capital.
No Asia-Pacific secondaries funds have closed in the past year, according to PEI data.