Mary Ma, a Chinese executive at TPG Capital, is leaving to start a fund, joining other mainland executives at western buy-out firms who have decided to start out on their own.
Ms Ma, former chief financial officer of Lenovo, joined TPG’s Asia team as managing director and a partner in 2007, becoming one of the few high-profile women in the buy-out business.
She will be running the fund with Louis Cheung, who is stepping down as president of Shenzhen-based Ping An Group in March.
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