Distributions from private equity funds in Asia, which have in the past been lackluster compared to those in certain developed markets, are expected to rise as the industry matures and GPs develop their skill sets.
"Distributions have exceeded capital calls for two years, but over the past vintages DPIs [distributed to paid in] have not been very high," Yong-Hak Huh, founder and CEO of First Bridge Strategy told...
Eastspring Investments, an Asia-focused asset management business of Prudential, will invest $500 million in an emerging markets infrastructure development program managed by the International Finance Corporation (IFC).
China-focused PE firm Yunfeng Capital has led a RMB200 million ($29 million) Series B round of funding for Tianjin Galaxy Cool Media, a local online video content producer.
The Blackstone Group has exited its entire stake in Jagran Media Network, the holding company of Indian newspaper publisher and media platform Jagran Prakashan.
Warburg Pincus has led a $64 million investment in Trax, a Singapore-based company that has developed visual technology through which retailers can link sales to in-store and on-shelf positioning.