IB heavyweights launch private equity fund

Jul 11, 2005

David Olson''s Primus Pacific fund is targeting $1 billion.

David Olson, an ex-chairman of CSFB's Asia Pacific investment banking division, has established a private equity fund specializing in direct investments into Asian financial services companies. Primus Pacific, which has offices in Hong Kong and Chicago, is expected to launch its first fund with a target size of US$1 billion.

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