GLOBAL alternative asset manager The Carlyle Group has appointed Wanlin Liu to the Carlyle Asia private equity team as a managing director. She will lead the team’s growth investments in China and will be based in Shanghai.

Prior to joining Carlyle, Liu was a managing director of the Principal Investment Area (PIA) of Goldman Sachs in Asia. With 13 years of experience in private equity, she has led key aspects of a number of successful deals, including Gan & Lee Pharmaceuticals, Best Inc. and Daesung Industrial Gases.

X.D. Yang, managing director and chairman of Carlyle Asia, says, "Wanlin has deep experience in private equity and she will be a strong addition to our China team. We believe there are significant and exciting growth investment opportunities in China and across the region. With Wanlin joining us, we will continue to build on our leadership position investing in the growth space."