CDC Group, the UK's development finance institution, has announced the appointment of David Osborne as Investment Director.

David joins CDC's Equity Investments team, which provides capital directly to businesses across Africa and South Asia, focusing on sectors that have good potential for job creation.

David has over 25 years of experience of private equity investing in both European and Asian markets. Most recently, he was Managing Director of the investment firm, CapAsia, which focuses on infrastructure investment in Central and South-East Asia. David led the firm's Islamic Infrastructure Fund, making investments in the Islamic countries of emerging Asia including Pakistan, Bangladesh, Indonesia and Malaysia.

Before joining CapAsia, he worked for 3i for 25 years where he was a partner and, most recently, ran the firm's Asian buyout team from Singapore. David was previously based in 3i's London office where he focused on opportunities across Europe, helping to raise their first pan-European fund in the late 1990s.