Paul Capital’s Hong Kong office is among those that will close as the secondaries specialist winds down its global operations. This follows the reported breakdown of a sale to Hamilton Lane.
Secondaries | 20 Mar 2014 |
Ironbridge Capital has dropped its proposed stapled secondary transaction that would have allowed investors to exit or rollover their positions into a new vehicle with the option of making a commitment to a new primary fund. AVCJ understands the deal...
Secondaries | 19 Mar 2014 |
Secondary restructuring opportunities are on the rise in Asia, but investors are wary of giving managers fresh primary capital on top. Deal flow is hard to source, even harder to execute, and highly bespoke
Secondaries | 19 Mar 2014 |
Auda International has announced a final close on its third global secondaries fund at $332 million, exceeding the initial target of $300 million. Existing Auda investors accounted for more than 60% of the capital raised.
Secondaries | 29 Jan 2014 |
Axiom Asia has followed a consistent approach in backing small to mid-market country funds in the Asia Pacific region. Chihtsung Lam, the firm’s co-founder and managing partner, explains the strategy
LPs | 29 Jan 2014
Hamilton Lane has added two senior professionals to its Asia team, appointing Mingchen Xia as principal on the fund investment team and Yen Li Chew as vice president within its business development group - both will be based in Hong Kong.
People | 21 Jan 2014 |
Portfolio Advisors has closed its second dedicated global private equity secondaries fund at $910 million. The vehicle launched in 2011 and began investing in the third quarter of 2012, focusing on direct secondary fund interests.
Fundraising | 17 Jan 2014 |
NewQuest Capital Partners has agreed to buy China Hydroelectric in a deal that values the US-listed hydropower operator at approximately $190 million.
Buyouts | 14 Jan 2014 |
WM Partners, a venture capital secondaries fund launched last year by former JAIC CEO Moriyoshi Matsumoto, has reached a first close on its JPY5.25 billion ($50.1 million) first fund.
Fundraising | 08 Jan 2014 |
Tim Flower, head of HarbourVest Partners’ secondary activities in Asia, has been promoted to managing director. The move comes just over three years since Flower relocated from London to Hong Kong and one year since he was elevated to principal.
Secondaries | 24 Dec 2013 |
NewQuest Capital Partners has reached a first close of $215 million on its second fund, which focuses on direct secondary opportunities in Asia. A final close of around $300 million – the hard cap is $330 million – is expected in the first half of...
Fundraising | 16 Dec 2013 |
Setter Capital’s Secondary Link is the latest online platform intended to fill the information void in the secondaries market. Industry participants have mixed feelings as to its utility
Secondaries | 04 Dec 2013 |
Brent Nicklas, managing partner at Lexington Partners, on his expectations for private equity secondaries in a global market characterized by increased regulation, consolidation and ever larger LPs
Secondaries | 07 Nov 2013
AlpInvest Partners has closed its Secondaries Fund V (ASF V) at the hard cap of $750 million, exceeding its initial target of $500 million.
Secondaries | 17 Oct 2013 |
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AVCJ is proud to announce the 13th Annual AVCJ China Private Equity & Venture Forum will take place on 10 & 11 June 2014 at the Park Hyatt Hotel in Beijing. Attendees will have the unrivalled opportunity to hear honest dialogue about this complex and compelling market from the leading GPs on the ground, as well as from some of the biggest domestic and international institutional investors.
10-11 June 2014, Park Hyatt, Beijing