It is a well established trend that Australian LPs are increasingly looking to internationalize their private equity exposure, arguably at the expense of domestic GPs. Foreign investors looking to enter Australia are not deterred. Sebastiaan van den Berg, managing director at HarbourVest Partners, has no plans to scale back, citing the country’s stable economy, rule of law and experienced GP community.
He does admit, however, that the retreat of domestic LPs leaves their foreign counterparts in a bind. "Perhaps from a more selfish perspective, less capital driving up valuations is better - to the extent...
Insta360, a Shenzhen-based virtual reality (VR) camera maker backed by several VC investors, has received an undisclosed sum of funding from Chinese electronics retailer Suning Commerce Group.
Korea has delivered some of Asia's biggest private equity buyout opportunities, but the scarcity of these deals means processes are highly competitive and assets are richly priced
Jason Shin, managing partner at VIG Partners, explains why GPs are gravitating towards the consumer space in Korea, and why company founders are increasingly willing to do business with private equity
Indian conglomerate Piramal Enterprises has partnered with Bain Capital Credit to invest in distressed assets and restructuring situations in India.