Emerging markets private capital fundraising – led by emerging Asia – reached its highest point since the before the global financial crisis in 2017, according to EMPEA, with capital dispersed more evenly across different strategies than ever before.
Two former principals with Bain Capital Private Equity in Japan have established their own country-focused firm – Nippon Investment Corporation (NIC) – and are seeking to raise a $500 million fund.
Tim Sims, co-founder and managing director of Pacific Equity Partners, discusses competition in Australian private equity, approaches to co-investment, succession planning, and his firm’s secured assets fund
Private equity is taking a bigger piece of New Zealand’s small economic pie. Investors must act opportunistically to exploit substantial potential in an inconspicuous but engaging middle market
Chinese online retailer JD.com has formed an M&A fund with Hong Kong-listed clothing producer and retailer Cosmo Lady. The target size is RMB1 billion ($159 million).
Hopu Investments, the China-focused private equity firm led by former Goldman Sachs banker Fang Fenglei, has reached a first close of $2 billion on its third US dollar-denominated fund.
Baring Private Equity Asia has set a target of $5.5 billion for its seventh pan-regional fund. The firm closed its previous vehicle at $3.98 billion in early 2015.
BGH Capital, the Australia and New Zealand-focused private equity firm set up by Ben Gray, formerly co-head of TPG Capital in Asia, has set a hard cap of A$2.5 billion ($2 billion) for its debut fund.
The Asian Development Bank (ADB) has agreed to invest up to $50 million in the sixth fund of Indian private equity firm True North, formerly known as India Value Fund Advisors (IVFA).
Chinese companies return in strength to US bourses as investors leverage public market highs; Australia a bright spot as Asia fundraising slows; 2017 sets new record for PE investment on back of big buyouts, tech deals
Hony Capital has partnered with its portfolio company China Glass Holdings (CGH) to launch a $300 million fund that will invest in glass production projects in countries covered by the One Belt One Road (OBOR) initiative.
Affinity Equity Partners has completed a first and final close on its fifth pan-Asian fund at the hard cap of $6 billion after approximately five months in the market.
David Rubenstein, co-founder and co-CEO of The Carlyle Group, discusses the likelihood of a global economic slowdown, areas of interest in Asia, and the evolution of the private equity funding model
Quadrant Private Equity is deploying capital at pace in Australia’s middle market, raising A$1.15 billion ($863 million) for its ninth fund less than a year-and-a-half after closing its eighth vehicle
Having proved an ability to return capital to LPs from its debut fund, Kedaara Capital took just three months to hit the hard cap on its second India vehicle
From raising the largest pan-regional fund ever seen in Asia to concluding Japan’s biggest PE buyout, KKR has enjoyed an eventful 12 months
AVCJ looks at how its 2017 predictions turned out and identifies some key themes for the year ahead
Lewis Rutherfurd of Inter-Asia Venture Management, Piau-Voon Wang, David Pierce of HQ Capital, Weijian Shan of PAG Asia Capital, Michael Kim of MBK Partners, Dan Carroll of Brooklands Capital Strategies, Joseph Bae of KKR, and Brooks Zug of HarbourVest...
Dan Carroll of Brooklands Capital Strategies, David Rubenstein of The Carlyle Group, Joseph Bae of KKR, and Jonathan Lavine of Bain Capital on the rise of global buyout firms in Asia
Quadrant Private Equity has closed its latest mid-market Australia and New Zealand fund at A$1.15 billion ($863 million). As with the firm’s previous two fundraises, the process took approximately one month.
Joseph Skrzynski of CHAMP Private Equity, Peter Wiggs of Archer Capital, Tim Sims of Pacific Equity Partners, and Richard Folsom of Advantage Partners on the development of buyouts in Australia and Japan
CDH Investments is targeting $2.5 billion for its sixth US dollar-denominated China fund, in line with the $2.55 billion the firm raised for its previous flagship vehicle in 2014.
Nomura is reviving its private equity business with a view to participating in the founder succession and corporate divestment opportunities that are attracting a lot of interest in Japan.
Fund managers in Asia’s middle market must demonstrate excellent customer service to make themselves stand out to increasingly overstretched LPs, industry participants told the AVCJ Forum.