Advent International — The private equity firm appointed Michael Ming-Yue Zhu to its operating partner program where he will advise Advent on investment opportunities in the chemicals sector. Zhu is currently the country general manager of Solvay China, following the company’s merger with Rhodia, where he had worked since 1994. During his tenure at Rhodia, Zhu has been credited with much of the company’s growth, including acquiring six local Chinese firms and building up to 12 new factories. Advent also announced that it hired William Tsao as an industry adviser in the chemicals sector in China. Tsao was previously at DuPont (NYSE: DD) where he held leadership positions in various units across Taiwan, Singapore, Bangkok and Shanghai. In his last role with the company, he headed up DuPont’s entire performance coating business in China. Both Zhu and Tsao will be based in Shanghai.
Clarion Partners LLC — The real estate investment manager hired Kerrisha Jenkins (pictured) as a vice president in Los Angeles where she will manage client relationships and working closely with institutional investors. Kerrisha brings more than five years of experience as a consultant to institutional investors, specializing in real estate. She was previously with Mercer LLC where she advised pension plans.