Private Equity
<p style="line-height: 20.8px;">Jin-Yong Cai, the former head of the World Bank&rsquo;s investment arm, is moving to global private equity firm&nbsp;<a href="http://www.financeasia.com/Tag/tpg.aspx">TPG</a>&nbsp;at a time when emerging markets are in tumult.&nbsp;For him, the market gyrations created by worries over the state of the Chinese economy, crashing commodity prices and rising US interest rates are creating buying opportunities and encouraged him to make the leap into private equity.</p>