PE secondary buyouts are becoming more accepted in Asia as GPs increasingly look to other fund managers for exit opportunities
A consortium led by AlpInvest Partners has made a secondary investment in Southern Capital Group’s second fund that includes a stapled commitment to the firm’s fourth Southeast Asia-focused vehicle.
Dominik Woessner, formerly head of Greenhill Cogent’s secondary advisory business in Asia, has joined Lazard to lead the origination and execution of secondaries transactions in the region.
AVCJ looks at how its 2017 predictions turned out and identifies some key themes for the year ahead
Georg Wunderlin, CEO of HQ Capital, and David Pierce (pictured), the firm’s Asia head, discuss investor appetite for private equity, the popularity of separately managed accounts, and consolidation within the industry
After several years of uncertainty, secondaries investments have returned to growth again, particularly in Asia. Strong pricing and healthy deal flow on the primary side could help maintain this upward trajectory
Asia-dedicated secondaries investor NewQuest Capital Partners has participated in a RMB208 million ($31 million) Series C round for Bokecc.com, a China-based company that offers video cloud computing solutions.
Standard Chartered Private Equity (SCPE) has relaunched an effort – which failed to get traction with the bank last year – to spin-out its team and the remaining $1 billion in PE assets on its balance sheet into an independent entity.
Lexington Partners is leading the $1.2 billion secondary deal that will see Warburg Pincus sell a portion of every Asian investment in its 11th global fund in order to return capital to LPs. Goldman Sachs’ asset management arm is also participating...
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.