Lone Star Asian boss joins Crescent Point

Jul 13, 2005

Jay McLennan to drive Asia expansion for private equity fund.

Jay McLennan, ex-president of Lone Star's Asia Pacific operations has joined Crescent Point as a partner and managing director. Crescent Point, an emerging markets private equity firm, was established in 2002 by a team of ex-Morgan Stanley investment bankers, Sami Sindi, Richard Scanlon and David Hand. The firm's primary offices are in Singapore and New York.

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