GCV Emerging Leader William Zhao and Rising Star Will Wang have ascended to partner positions at BAI while legal and corporate communications director Christine Sun has been appointed COO.

Bertelsmann Asia Investments (BAI), a corporate venture capital (CVC) vehicle for media group Bertelsmann, has made three promotions, DealStreetAsia reported today, as the unit gradually pivots to a multi-limited partner (LP) structure.

William (Penglan) Zhao has been appointed partner, having joined BAI in 2015 as a senior investment manager focusing on financial, enterprise and industrial technologies before adding a vice-president (VP) role two years later.

Global Corporate Venturing included Zhao in its inaugural Emerging Leaders roster in 2020, and…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.