Asian Venture Capital Journal (AVCJ)
Team turnover remains a key concern for LPs making commitments to Chinese private equity firms, but even the most stable of GPs must demonstrate an ability to evolve in response to a fast-changing environment, investors caution.
Taiwan-based textiles manufacturer Ruentex Industries has committed $100 million to the third US dollar-denominated fund launched by Hopu Investments, the China-focused GP led by former Goldman Sachs banker Fang Fenglei.
Alibaba Group will invest an additional $2 billion in PE-backed online retailer Lazada. It brings Alibaba’s total commitments to the Singapore-based company to $4 billion.
Permanent and long-term capital structures are an attractive proposition for a wide range of players in Asia’s PE market, but bringing them from theory into practice presents numerous challenges
Having helped establish LinkedIn in China, Derek Shen left the company last year to join Danke Apartment, a local start-up pursuing what he sees as a huge unrealized opportunity in the long-term property rental market
Tony Jiang spent a decade at The Carlyle Group before co-founding Ocean Link, China’s first travel and tourism-focused PE firm. He shares his thoughts on the rise sector specialization
Brand Capital, an investment arm of India’s The Times Group, has named Sam Subramaniam as its CEO.
Australia’s Future Fund plans to hire a chief technology officer (CTO), part of whose remit will be to work with the investment team to develop technology solutions that support investment decision-making.