Jean Eric Salata, CEO of Baring Private Equity Asia, picked up two awards - one for private equity professional of the year and the other for large cap fundraise - while Ta-lin Hsu, chairman and founder of H&Q Asia Pacific, won the AVCJ Special Achievement Award.

The awards - distributed based on nominations and votes cast by Asia's PE and VC community, with contributions from a select panel of industry judges and the AVCJ Editorial Board - recognized activity for the 12 months ended September 2015.

Noting that he is celebrating his 20th year in Asian private equity, Salata said what has interested him the most is seeing how the industry has expanded. "What we tell a lot of our companies is that if you want to grow your business you have to try and grow the market - if the market grows, everyone grows. It is nice to see how the whole market is growing and I think the industry is poised for even further growth with the professionalism and all the service providers now supporting the industry."

Both Salata and Hsu underlined the fact that private equity can be a challenging business in Asia.

The AVCJ Awards took place on the eve of the 2014 AVCJ Forum, which is being held in Hong Kong from November 3-5. For more information, please go to www.avcjforum.com. For further details on how the awards winners were chosen, please go to www.avcjforum.com/awards.