Weijian Shan Named Group Chairman and CEO of PAG

 

TIDMARCH 
 
 
ARC Capital Holdings Limited 
23 June 2010 
 
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ARC Capital Holdings Limited 
23 June 2010 
 
 
                          ARC Capital Holdings Limited 
                            ("ARCH" or "The Company") 
 
 
                Weijian Shan Named Group Chairman and CEO of PAG 
 
ARC Capital Holdings Limited ("ARCH" or "the Company") (AIM: ARCH), is pleased 
to announce that on 21 June 2010, Pacific Alliance Group ("PAG") confirmed that 
Weijian Shan will partner with PAG to become Group Chairman and Chief Executive 
Officer effective 1 July 2010.  ARCH is a member of PAG, one of the leading 
Asian alternative investment managers. 
 
Mr. Shan joins PAG from TPG, where he was a Senior Partner co-managing TPG Asia. 
He most recently closed the landmark sale of TPG's controlling stake in Shenzhen 
Development Bank. 
 
As CEO of PAG, Mr. Shan will work closely with PAG's investment teams to 
coordinate and optimize synergies across the group and to shape and oversee 
PAG's strategy and development. 
 
David J. Kim has also recently joined PAG as a Partner and will assume the role 
of Chief Operating Officer of PAG's private equity business. Mr. Kim was 
formerly Head of the Asia Financial Institutions Group at Nomura International 
(and previously at Lehman Brothers) and has worked with Mr. Shan as an advisor 
on a number of transactions for over a decade. 
 
Allan Liu and Rachel Chiang of ARCH's investment manager, ARC Capital Partners 
Limited, will continue to focus their efforts in managing the  ARCH portfolio as 
Managing Partners of PAG's private equity business. 
 
For more information, please contact: 
 
+---------------------------------+------------------------------+ 
| MANAGER:                        | LEGAL COUNSEL:               | 
| Allan Liu, Managing             | Jon Lewis, General           | 
| Partner                         | Counsel                      | 
| c/o ARC Capital Partners        | c/o Pacific Alliance         | 
| Limited                         | Group                        | 
| 13/F St. John's Building        | 16/F St. John's Building     | 
| 33 Garden Road                  |                              | 
| Central, Hong Kong              | 33 Garden Road Central,      | 
| Tel: [phone]            | Hong Kong                    | 
| Fax: [phone]            | Tel: [phone]         | 
| [e-mail]       | Fax: [phone]         | 
|                                 | [e-mail]  | 
|                                 |                              | 
+---------------------------------+------------------------------+ 
| BROKER:                         | NOMINATED ADVISER:           | 
| Hiroshi Funaki                  | Philip Secrett               | 
| LCF Edmond de Rothschild        | Grant Thornton Corporate     | 
| Securities                      | Finance                      | 
| Tel: [phone]          | Tel: [phone]       | 
| Fax: [phone]          | [e-mail]    | 
| [e-mail]                |                              | 
+---------------------------------+------------------------------+ 
| MEDIA RELATIONS:                | MEDIA RELATIONS:             | 
| Sophie Hoggarth                 | Andrew Walton / David        | 
| Pacific Alliance Group          | Cranmer                      | 
| Tel: [phone]          | Financial Dynamics,          | 
| [e-mail]  | London                       | 
|                                 | Tel: [phone]       | 
|                                 |                              | 
|                                 | Christine Wood / Queenie     | 
|                                 | Tsao                         | 
|                                 | Financial Dynamics, Asia     | 
|                                 | Tel: [phone]         | 
+---------------------------------+------------------------------+ 
 
 
 
About ARC Capital Holdings Limited 
 
ARC Capital Holdings Limited ("ARCH") (AIM: ARCH) is a closed-end investment 
company with net assets of US$551.9 million as at 31 May 2010. ARCH was admitted 
to trading on the AIM Market of the London Stock Exchange in June 2006. ARCH 
makes and holds investments in the retail, consumer goods and consumer services 
sectors, principally in China but also in neighboring Asian countries. Target 
investments include regional hypermarkets and supermarkets, dominant consumer 
brands, specialty retail chains, retail property assets and retail and consumer 
service providers. 
 
For more information about ARCH, please visit: www.arch-fund.com 
 
ARC Capital Holdings Limited is a member of PAG, one of the leading Asian 
alternative investment managers.   Founded in 2002, PAG manages funds covering 
private equity, real estate, hedge fund and distressed investments and has 
offices across Asia including Hong Kong, Shanghai, Beijing and Tokyo. 
 
For more information about Pacific Alliance Group, please visit: 
www.pacific-alliance.com 
 
Weijian Shan was a founding partner of Newbridge Capital, which he joined in 
1998, and Senior Partner of TPG Capital following Newbridge's integration with 
TPG in 2006. He co-managed Newbridge Capital and subsequently TPG Asia. 
 
Mr. Shan led a number of landmark transactions for TPG/Newbridge such as the 
acquisition of Korea First Bank and Shenzhen Development Bank. He also led 
transactions in other industries such as energy, telecoms, technology, real 
estate and retail. 
 
He serves on the boards of Bank of China (Hong Kong), Taiwan Cement, Shenzhen 
Development Bank, among others. Prior to TPG Capital, Mr Shan was a Managing 
Director of JP Morgan, concurrently serving as Chief Representative for its 
Beijing and Shanghai Offices. He was formerly a professor at the Wharton School 
of the University of Pennsylvania. His other former employers include the World 
Bank and Graham & 
James Law Firm in San Francisco. 
 
Mr. Shan received a Ph.D. and MA from UC Berkeley, and an MBA from the 
University of San Francisco. He studied at Beijing Institute of Foreign Trade 
(now named the University of International Business and Economics) and also 
taught there as a faculty member. 
 
David J. Kim joined PAG in March 2010 as a Partner, focusing on the private 
equity franchise of the Group and will assume additional responsibilities as COO 
of its private equity business. 
 
Mr. Kim has over 20 years experience in investment banking, including 15 years 
at Lehman Brothers in New York, Los Angeles, Seoul and Hong Kong. Mr. Kim was 
previously Head of the Asia Financial Institutions Group at Nomura International 
and Lehman Brothers where he originated and advised on numerous advisory, 
restructuring, capital raising and principal transactions for leading 
governmental agencies, state-owned enterprises, financial institutions and 
private equity funds throughout Asia. 
 
Key transactions on which Mr Kim has advised include TPG's sale of Shenzhen 
Development Bank, Newbridge's acquisition of Korea First Bank, Woori Financial 
Group's acquisition of LG Securities, the US$8 billion LB-Woori NPL JV, China 
CITIC Bank's US$6 billion IPO and serving as financial advisor on the IPOs of 
China Life and ICBC. 
 
Mr Kim received a B.S. in mechanical engineering from Yale College, an M.S. in 
aeronautics from Caltech and an MBA from Columbia Business School. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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