Private-equity investor Peter Lee, managing director of Capvest & Associates, describes himself as a builder who nurtures young companies to become adults. Joining the sector in the late 1990s, Lee's successful completion of significant private-equity investments include finance companies, food and agriculture, IT and on-line gaming firms on the mainland, an education service provider, and the turnaround and sale of a South Korean securities firm.
"Private-equity investing involves looking beyond the numbers and seeing where a business fits and how it can grow. CPA Australia's training and professional development programmes provide the skill sets and tools that help you develop the business insights necessary to make objective private-equity decisions," says Lee, a vice-president of CPA Australia, Greater China.
He says that during his work on the mainland and in South Korea, Indonesia, Malaysia, Singapore and Thailand, his CPA training has been useful in helping companies define business strategy and implement corporate governance processes. "If a company has ambitions to become world-class, it must implement best management and financial practices, and understand why corporate governance is important to shareholders, customers and the overall good of the company," Lee says.
In contrast to the time when Lee was required to taste 30 different tuna preparations as part of due diligence at the world's largest tuna canning factory, these days he works with people setting up or looking to grow their businesses.
"I enjoy working with entrepreneurs and professionals from different backgrounds and expertise that can really make things happen," says Lee, who began his career as an auditor with Deloitte.