Assets held by the world’s 100 largest managers increased 10% to $4.01 trillion in 2016 as growth in commitments to private equity, real estate, and credit more than offset a decline in hedge funds. Approximately 8% of these assets are invested in Asia...
Minnesota State Board of Investment (SBI) has committed to $100 million to Asia Alternatives’ fifth fund-of-funds, having recently increased its exposure to the region through vehicles managed by Warburg Pincus and KKR.
Adveq, a global fund-of-funds that deploys $100-200 million every year in Asia, has agreed to an acquisition by UK-listed asset manager Schroders.
Vantage Asset Management has reached a first close of A$20 million ($15.2 million) on its third Australia-focused fund-of-funds. The vehicle, which launched in February 2016, has an overall target of A$100 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 launch of several huge government-backed funds has skewed renminbi-denominated fundraising in China. What does their arrival mean for valuations and for the nascent independent LP community?
Changes in the market and turnover in the team notwithstanding, Axiom Asia secured $1 billion for a fourth fund much like its previous three: a co-mingled fund-of-funds that offers exposure to hard-to-access GPs
Axiom Asia has closed its fourth pan-regional fund-of-funds at just over $1 billion, sticking to its tried and tested model of a single co-mingled vehicle with no separately managed accounts. The initial target was $750 million.
HarbourVest Partners has promoted Hong Kong-based Kelvin Yap, who focuses on growth equity and buyout investments in Asia Pacific, to managing director.
Rui Ma, Greater China partner at Silicon Valley-based investor 500 Startups, has left the firm and set up her own early-stage fund-of-funds to invest in US GPs.
Redbud Capital, a VC fund-of-funds unit under Tsinghua Holdings, has launched a new vehicle worth RMB1 billion ($150 million) with several government-backed agencies to invest in China venture capital funds.
Still at an early stage of its development, China’s LP community has minimal exposure to offshore private equity. Institutions with big checkbooks aren’t necessarily the fastest movers
The New Zealand Venture Investment Fund (NZVIF), a government-sponsored fund-of-funds, and domestic investor Enterprise Angels plan to commit about NZ$20 million ($14.3 million) to local start-ups over the next four years.
Yar-Ping Soo, Asia head at fund-of-funds Adams Street Partners, sees plenty of space for growth in the region's PE markets and is looking for up-and-coming managers that can tap into it
The Indian government has launched a INR600 million ($9 million) fund-of-funds to support domestic start-ups in rural and agriculture-focused industries.
Andrew McCaffery, head of alternatives at Aberdeen Asset Management, discusses the long-term impact of investors becoming more aggressive in their pursuit of returns, almost regardless of the risk
Jaganath Swamy, a vice-president at HarbourVest Partners, has left the firm to join Good Parents, a health and wellness-focused start-up based in San Francisco and Hong Kong.
Is channeling capital from Chinese high net worth individuals into offshore private equity the next big opportunity for fund-of-funds providers?
Hamilton Lane has closed its latest global fund-of-funds at $516 million, exceeding a target of $400 million on the back of strong international investor interest.
Pantheon believes the growing experience of GPs in Southeast Asia comes at just the right time to take advantage of the region’s booming consumption opportunities
Canadian investment services firm Pavilion Financial has agreed to acquire Altius Associates, a PE advisor and fund manager with a presence across Asia Pacific, Europe and North America.
Top Tier Capital Management sees continued interest from Asian LPs in the US venture capital market, but newcomers to the asset class must learn to understand its workings and be prepared for setbacks
New Zealand Venture Investment Fund (NZVIF), a government-sponsored VC fund-of-funds, has appointed Richard Dellabarca as its new CEO. He replaces Franceska Banga, who has led the fund since its inception in 2002.
Piau-Voon Wang, formerly of Adams Street Partners, is now co-CIO of Chinese wealth manager Noah Holdings. He explains why helping Chinese investors go overseas could be the biggest PE opportunity of the decade