Traditionally perceived as a recourse for private equity firms in trouble, GP-led secondary transactions are starting to be used by brand-name managers as a liquidity solution for LPs
Advantage Partners has completed a full exit of Hong Kong-based and China-focused facility management services company ESG Holdings. It was the Japan-focused firm's first China buyout.
Jason Sambanju, the former head of Asian private equity secondaries at Deutsche Bank, has launched his own investment firm – Foundation Private Equity – which will pursue secondary opportunities in the region.
Secondary investors are seeing more deal flow in the venture capital space as GPs seek to generate returns on assets that are taking longer than expected to go IPO. Valuations remain a sticking point
IDG Capital has completed a secondary deal worth nearly $600 million, selling down LP positions in at least seven funds managed by affiliates in India and Vietnam as well as by the GP itself in China. These holdings were acquired as part of the purchase...
TPG Capital has agreed to acquire a controlling position in Vietnam Australia International School (VAS), facilitating an exit for existing backers Mekong Capital and Denmark-based MAJ Invest.
Cracks have appeared in the secondary transactions through which Standard Chartered Private Equity had sought to secure its future, underlining the challenges for investors of bank-led deals
Everstone Capital, Mayfield Advisors, Nexus Venture Partners and ICICI Bank have part exited their stakes in Indian agricultural logistics and financing firm Sohan Lal Commodity Management (SLCM).
Peepul Capital has cemented its control of snack food maker Unibic India by acquiring the entire stake of minority investor Lighthouse Funds.
Global secondary market volume reached $42.15 billion last year, failing to eclipse the consecutive record annual totals of $49.3 billion and $49.6 billion in 2014 and 2015, according to Setter Capital.
Valuations remain a key obstacle to securing secondary transactions in Asia, even as a generation of funds becomes a year older and still struggles to generate liquidity, but the market is also growing in complexity due to the nature of the assets on...
Neuberger Berman has closed its fourth global private equity secondaries fund at $2.5 billion, surpassing the target of $2 billion after nine months in the market.
Exit opportunities are available for savvy investors in India, and market professionals say prospects are good in the long term. But GPs are likely to continue to find the near future difficult
Deep relationships within the GP community can make all the difference in terms of sourcing opportunities – and acting on them quickly – in Asia’s increasingly competitive secondaries market
NewQuest Capital Partners has joined a $21 million investment in construction firm Capacit’e Infraprojects and engineering components manufacturer Maini Precision Products, both of which are portfolio companies of India-based GP Paragon Partners.
After several years of rapid growth, secondaries volumes slowed in the first half of 2016, while fundraising reached an all-time high. Opinion is divided on the prospects for an increasingly nuanced market
Foreign buyers and restless chaebols could help deliver more exit opportunities for private equity firms in Korea – provided it is the right asset, at the right price, at the right time
Scale Ventures, a recently launched Indian venture capital firm, has acquired the portfolio of seed-stage investor Guerrilla Ventures.
Asian secondaries players are counting on an explosion in demand for alternative liquidity solutions over the next few years, but cutting deals in this niche market requires a nimble approach
US venture capital firm Wavemaker Partners has taken over the venture portfolio of Thailand-based Ardent Capital.
Intel Capital, the captive VC arm of Intel Corp, appears to have abandoned plans to offload some of its investments in technology companies, with Wendell Brooks (pictured), the unit’s president, saying there will be no major changes to the portfolio.
Singapore-listed private equity firm TIH has purchased a majority stake in a resources and healthcare-focused portfolio from a unit of Temasek Holdings for S$62 million ($45.8 million).
Direct secondaries specialist NewQuest Capital Partners has acquired the majority of Draper Fisher Jurvetson’s (DFJ) India portfolio.
New Zealand Superannuation Fund (NZ Super) has sold its LP positions in three US-based private equity funds as part of a move to consolidate its investment profile.