e2-Capital adds two more to tech banking team

e2-Capital, a year-old technology-focused investment banking consultancy, has added two more executives to its investment banking team, bringing the number of investment advisors in the unit to 17, up from just two a year ago.

The Hong Kong-based company recently hired Hideaki Shimane, a former manager of corporate strategy at Japanese investment company Softbank, and Susan Sun, former director of corporate finance at ABN Amro Asia.

Shimane, who before joining Softbank spent time as chief investment officer at Meridien Asset Management and as mergers and acquisitions specialist at Nomura Wasserstein Perella, was named senior vice president and head of mergers and acquisitions at e2-Capital. He will be responsible for cross-border mergers and acquisitions and for expanding the group's Japan operations, based in Hong Kong.

Sun was named managing director of e2-Capital (China) Inc., a wholly-owned subsidiary of e2-Capital. Sun will focus on helping expand the group's tech business in Greater China. She will be based in Beijing.

e2-Capital recently signed a memorandum of understanding with Shanghai Zhangjiang Hi-Tech Park Development Corporation, a technology incubator, to provide non-exclusive banking and technology advisory services to the 200 companies housed in the park.

e2-Capital, which obtained a back door listing on the Hong Kong Stock Exchange in April this year following a merger with Goodwill Investment, has 200 employees in offices Greater China, Singapore and California. The group plans to add another five executives to its investment banking team by the end of the year.