After more than 25 years between them at Pacific Equity Partners, Anthony Kerwick and Rob Koczkar departed in 2014 to pursue other opportunities. They have now joined forces as Adamantem Capital
Three former CHAMP Ventures executives have teamed up with George Penklis, a co-founder of Quadrant Private Equity, to raise a A$275 million ($211 million) Australia and New Zealand middle-market fund.
South Korea VIG Partners closed its third fund at the hard cap of $600 million, having won over LPs with its past history and future prospects in buying and building middle-market consumer businesses
AGIC Capital is targeting up to three more deals in 2017 as its debut Asia-Europe fund closes at $1 billion, having received strong support from Asian LPs
CITIC Capital raises $268 million for third Japan fund, benefiting from an upturn in investor sentiment that should prove to be a boon for Japanese GPs in general
India Value Fund Advisors (IVFA) recently changed its name to True North and restructured its investment team along sector lines. Vishal Nevatia, the firm’s managing partner, explains why
VIG Partners has closed its third Korea-focused fund at $600 million, with support from new and existing investors including Korea’s National Pension Service (NPS).
New Zealand-based private equity investor Direct Capital has closed its fifth buyout and growth fund at NZ$375 million ($270 million).
Switzerland-based wealth management firm and PE fund-of-funds Unigestion has acquired the Europe-focused private equity business of its rival Akina Partners.
The Longreach Group is understood to have reached a first close of approximately $200 million on its third North Asia-focused mid-market buyout fund, which has a particular focus on Japan. The full target is $650 million.
STIC Investments has raised $530 million for a fund that will target restructuring opportunities involving Korean conglomerates. Executive Managing Partner Hans Jung explains the strategy
CITIC Capital Partners has achieved a final close on its third Japan buyout fund at the hard cap of JPY30 billion ($268 million). Three investments have already been made from the vehicle across retail and healthcare.
New York State Teachers’ Retirement System (NYSTRS) has disclosed a commitment of $100 million to MBK Partners’ fourth North Asia buyout fund, which closed at $4.1 billion in December 2016.
Tokio Marine Capital has reached a second close of JPY41.7 billion ($363 million) on its latest Japan mid-market fund. The full target is JPY50 billion.
IDFC Alternatives, the alternative asset investment arm of India’s IDFC Group, plans to continue its strategy of building platforms with its fourth fund.
Ben Gray, the Australia-based former co-head of TPG Capital’s Asia operations, is looking to raise A$2 billion ($1.5 billion) for an Australia and New Zealand-focused fund.
The Carlyle Group has promoted Sunil Kaul (pictured), who leads buyout operations in Southeast Asia, from managing director to partner. His is one of 62 senior promotions announced by the firm, of which 15 are Asia-based professionals.
TPG Capital is seeking between $4 billion and $4.5 billion for its seventh pan-Asian fund, having closed the previous vehicle at $3.3 billion in 2014 after a challenging two-year-plus process.
Having paid careful attention to liquidity levels in its debut vehicle, PAG Asia Capital took less than seven months to close its second regional fund at $3.6 billion
Asia-based investors account for just under one quarter of commitments to Apax Partners’ latest global fund, which has closed at the hard cap of $9 billion after less than a year in the market.
Primavera Capital Group has reached a final close on its second US dollar-denominated China-focused fund at $1.93 billion, exceeding the target of $1.5 billion.
New Zealand-based Oriens Capital has secured around NZ$50 million ($35 million) in commitments for its latest private equity vehicle and expects to surpass this mark upon final close at the end of the month.
Fairfax India Holdings will raise $150 million though a public share sale and an additional $350 million though a private placement.
Steven Barnes, a US-based managing director in Bain Capital Private Equity, on how GPs can stay ahead in investment environment characterized by high valuations, low growth, and a degree of uncertainty