Peter Lim hires former L Capital MD to run new investment unit

Singapore

PETER Lim, the Singapore billionaire who owns Spain's Valencia soccer team, has hired Christina Teo from LVMH Moet Hennessy Louis Vuitton's private equity arm to run a new investment unit, people familiar with the matter said.

Ms Teo, who was a managing director at L Capital Asia, joined Mr Lim's Singapore-based Catpital this month as chief executive officer, the people said.