Lexington Partners reached a final close on its eighth global secondaries fund at the hard cap of $10.1 billion. It is the largest dedicated secondaries vehicle ever raised.
Secondaries | 22 Apr 2015 |
Boutique investment bank Greenhill & Co. has agreed to buy Cogent Partners, a global financial advisor specializing in the private equity secondary market, for up to $97.6 million.
Buyouts | 12 Feb 2015 |
Harjit Bhatia has returned to Asia Growth Capital Advisors (AGCA) as executive chairman. He left the firm in 2012 to become managing partner and CEO at PineBridge Asia Partners.
People | 18 Dec 2014 |
Auda is scaling up its operations in Asia, opening a Shanghai office and making several new hires. CEO Ernest Boles, Head of Asia Jacob Chiu, and Managing Director Lucian Wu explain how they are addressing the opportunity
Fund-of-funds | 17 Dec 2014
India has yet to fulfil its potential as a direct secondaries market as buyers and sellers fail to agree on valuations. A revival in investor sentiment hasn’t helped matters, but patience may eventually pay off
Secondaries | 03 Dec 2014 |
Lucian Wu, previously co-head of Asia at Paul Capital Partners, has joined Auda as a managing director.
People | 07 Nov 2014 |
Deutsche Asset & Wealth Management (DeAWM) has reached a first and final close on its third global secondaries fund at the hard cap of $1.655 billion.
Fundraising | 23 Oct 2014 |
Secondary deal flow has reached record breaking levels in 2014. Regulatory reform and economic recovery have helped, but that is not the whole story - the maturing market is arguably more important
Secondaries | 11 Sep 2014 |
Jason Sambanju, formerly co-head of Asia at Paul Capital Partners, has joined Deutsche Asset & Wealth Management (DeAWM) as head of Asia secondaries.
People | 14 Jul 2014 |
NewQuest Capital Partners has reached a final close of $316 million on its second pan-Asia fund, exceeding the $300 million target. The announcement comes as the secondaries specialist is poised to take private US-listed China Hydroelectric in a deal...
Fundraising | 03 Jul 2014 |
Secondary fundraising has reached new highs over the past year, signaling greater investor appetite for the asset class. What is driving the demand and who is likely to benefit?
Secondaries | 25 Jun 2014 |
David Pierce, previously a partner at FLAG Squadron Asia, has been appointed managing director and head of Asia at Harald Quandt (HQ) Capital.
People | 03 Jun 2014 |
Japanese secondaries investor WM Partners (WMP) has completed the debut transaction from its first fund, acquiring a 12% interest in B2B marketing platform Shanon.
Secondaries | 30 Apr 2014 |
Ardian, known as Axa Private Equity until it spun out last year, has raised $9 billion for its latest global secondaries fund.
Fundraising | 24 Apr 2014 |
Updating your subscription status
In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
245-26 June 2015, Conrad Hotel, Tokyo