KPMG appoints private equity head for Asia-Pacific

KPMG, one of the Big Four auditors, has appointed Honson To as regional head of private equity for Asia-Pacific.

To has been head of KPMG China’s private equity practice for the last two years and will continue in this role alongside his new assignment. He replaces David Nott, who handed over his leadership position ahead of his retirement later in June, said a spokesman for the firm.

To has 13 years of experience in providing M&A advisory services to strategic and financial investors. He has been a partner at KPMG China since 2003.

Based in Shanghai, To will help strengthen the firm’s relationship with the private equity community, according to a statement.

While acknowledging the tough fundraising environment, To said in a statement: “Private equity funds, however, are increasingly focused on the Asia Pacific regions and in the current climate there are many well-priced opportunities for investors to take advantage of.”

In addition, KPMG Australia has appointed Andrew Thompson as the new national head of private equity, to replace Nott. Based in Sydney, Thompson is a transaction services partner and will continue in this role alongside his new one.