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David Qiu
Partner and President at PAG Asia Capital

Profile

Mr. Qiu joined PAG Asia Capital, the private equity arm of PAG, in 2015. Prior to joining the company, he was a senior partner and a key member of the Executive Committee at Hony Capital, a leading private equity firm in China, where he was responsible for deal execution and for the management of the private equity team. He brings extensive knowledge of the consumer retail, energy production and real estate sectors. Prior to joining Hony in 2005, Mr. Qiu was a Vice President and Head of Equity Direct Investments at China Yintai Investments. He also served as Chairman & CEO of Ningbo Hualian, one of Yintai’s portfolio companies, where he was responsible for executing its turnaround. As CEO of the Yintai Department Stores chain, Mr. Qiu built one of the largest privately-owned retail groups in China. He started his career at Huaneng Group, a Chinese diversified energy conglomerate listed on the New York Stock Exchange.
Mr. Qiu holds a joint MBA from the Kellogg School of Management at Northwestern University and the Hong Kong University of Science and Technology. He received his Bachelor of Science in engineering from Xi'an Jiaotong University.

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