TA Associates Announces New Hire in Hong Kong

BOSTON & HONG KONG--()--TA Associates, a leading global growth private equity firm, today announced the hiring of Andrew Tay as a Senior Vice President in its Hong Kong office.

“We are pleased to welcome Andrew to TA Associates,” said Edward F. Sippel, a Managing Director at TA Associates and Co-head of Asia operations of TA Associates Asia Pacific Ltd. “As we continue to actively seek investments in profitable growth companies throughout the Asia-Pacific region, it is critical that we have talented and driven professionals on our team who have a keen understanding of the market. We believe that Andrew’s deep private equity investing experience will transition well to TA’s efforts of providing informed guidance and market intelligence to help our portfolio companies drive profitable growth.”

Added Brian J. Conway, Chairman and Managing Partner at TA Associates, “It is a pleasure to have Andrew join our Hong Kong team. We look forward to his contributions as we continue to seek new investment opportunities in the Asia-Pacific region and partner with portfolio company management teams to advance their strategic goals.”

Andrew Tay focuses on investments in the Asia-Pacific region. Prior to joining TA, Mr. Tay was a Vice President at Baring Private Equity Asia in the firm’s Singapore office and a Private Equity Associate at Snow Phipps Group. Mr. Tay began his professional career at Lazard Frères & Co., where he was an Analyst in the Financial Institutions Group. He received a BS degree, magna cum laude, in Operations Research from Columbia University and an MBA degree from the Harvard Business School.

About TA Associates
TA Associates is one of the most experienced global growth private equity firms. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $24 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $2 billion per year. The firm’s more than 85 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong.

TA has partnered with more than 20 profitable, growing companies across the Asia-Pacific region from its offices in Hong Kong and Mumbai. TA has invested in Speedcast (ASX:SDA), a global satellite communications service provider based in Hong Kong. In Australia, TA’s investments include Yarra Capital Management (formerly Goldman Sachs Asset Management (GSAM) Australia), an independent asset manager; and Nintex Group, a global provider of workflow software solutions. TA also has invested in New Zealand in Fisher Funds, a specialist investment manager; and has completed several investments in China, most recently in YeePay, a payments service provider. More information about TA Associates can be found at www.ta.com.

Contacts

Marcia O’Carroll
TA Associates
617-574-6796
mocarroll@ta.com

Caroline Collins
BackBay Communications
617-963-0065
caroline.collins@backbaycommunications.com

Contacts

Marcia O’Carroll
TA Associates
617-574-6796
mocarroll@ta.com

Caroline Collins
BackBay Communications
617-963-0065
caroline.collins@backbaycommunications.com