Everything always seems clearer and easier to understand with the benefit of hindsight. While it seems pretty apparent now that Asian private equity would emerge as a leading asset class for investors around the world, it was actually quite difficult to imagine 12 years ago that the kind of stories we have covered in recent issues of AVCJ would be possible.
For example, I hope that most of you will have read the excellent cover story focused on placement agents in the last issue of AVCJ. For those of us that have been in the Asian private equity business...
Amicus Capital Partners, an India-focused PE firm founded last year by former executives from the Carlyle Group and India Value Fund Advisors (IVFA), has reached a first close of $90 million on its debut fund.
Rui Ma, Greater China partner at Silicon Valley-based investor 500 Startups, has left the firm and set up her own early-stage fund-of-funds to invest in US GPs.
Sydney Angels, a syndicate of high-net-worth individuals that invests in Australian start-ups, has launched its second fund with a view to raising up to A$20 million ($15 million).
Innovation Network Corporation of Japan (INCJ) has committed up to $45 million as part of a joint acquisition of UK-based freeze-dried food manufacturer Chaucer Food.