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Darby appoints Sean Wallace as senior managing director for Asia Pacific27/02/2007. Source: AltAssets. 
Darby Overseas Investments, the private equity arm of Franklin Templeton Investments and a provider of mezzanine and private equity capital in emerging markets, has appointed Sean R Wallace as the senior managing director responsible for Asia Pacific, based in Hong Kong. In his new role, Wallace will focus on attracting additional funds to support Darby's existing mezzanine activities in Asia and help expand its private equity capability in the region. He will also be involved in other activities at the firm, such as infrastructure investing.
Wallace was previously head of capital markets for Asia Pacific at JPMorgan. Prior to his nine years at JPMorgan, he worked at Merrill Lynch and Bear Stearns.
Darby CEO Richard Frank, said, 'Sean has precisely the depth of capital markets experience and regional knowledge that we need to take our Asia platform to a new level. We firmly believe that Darby's competitive edge lies in our ability to leverage the local insight of our investment professionals, especially those of Sean's calibre, in our efforts to achieve attractive returns for our investors.'
Darby has offices in Hong Kong, Seoul and Mumbai.
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