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
Private equity firms need to incorporate environmental, social and governance (ESG) considerations into their investment strategies – and do so in a long term, end-to-end manner, LPs told the AVCJ ESG Forum.
The proliferation of side letter provisions submitted by LPs as conditional on their participation in a fundraise is adding to administrative workloads. Private equity firms must negotiate carefully
Fee discounts and co-investment often dominate GP-LP discourse, but longer-term issues surrounding economics and governance are increasingly important to negotiations over some Asian GPs’ fund terms
The Poseidon Group, a Hong Kong and Singapore-based due diligence and business intelligence provider, has been acquired by global regulatory risk and compliance player Exiger.
GPs in Asia are devoting more resources to investor relations in response to increased reporting requirements and a challenging fundraising environment. But finding the right IR formula is not easy
Operational strategies should be defined in detail well before any financial commitment is made, according to industry participants at the Hong Kong Venture Capital & Private Equity Association's (HKVCA) China summit.
Whether they are US dollar managers upgrading their LP bases or renminbi GPs tapping offshore investors for the first time, China PE firms increasingly see the reputational value of independent administration
As warning signals of a global economic downturn become increasingly convincing, private equity portfolio companies are likely to come under pressure. Investors are advised to prepare carefully
Thorough reputational due diligence can find both potential deal-breakers and opportunities for improvement. Are PE firms taking it to the necessary depth in emerging markets like India?
Markus Ableitinger, formerly an Asia-based managing director with Capital Dynamics, has joined placement agent Pyramid Private Equity Partners as an associate partner. He will continue to focus on Asia.
More than one third of Asia-based GPs would like fund administrators to provide additional training services, a demand that likely reflects growing concerns in the region about tax regulation, according to a survey.
When Adam Black joined Doughty Hanson & Co seven-and-a-half years ago as partner and head of sustainability, the firm received 5-6 questionnaires per year from LPs on environmental, social and governance (ESG) issues. That number has since quadrupled.
Growing appetite for co-investment among foreign and local institutions in Asia has given rise to a wider variety of advisors offering customized solutions to those with limited in-house resources
Niklas Amundsson, who joined Monument Group from MVision last year as managing director of the firm’s Hong Kong office, has been promoted to partner.
Communication strategies are becoming more important within PE as expectations for transparency grow. GPs must demonstrate an ability to maintain the trust of a range of stakeholders, not just LPs
The law firms, corporate service providers and accountants responsible for the offshore structures that underpin most private equity funds and transactions expect costs to rise as tighter regulations take hold.
Morrison & Foerster has hired Jason Nelms as a Hong Kong-based partner in its global fund formation practice. He joins from Proskauer in New York.
PE firms are increasingly aware of the importance of value creation at portfolio company level in Asia, but many accept that their programs in this area have yet to reach maturity, according to a new survey.
Private placement agent and advisory firm First Avenue has opened an office in Hong Kong. It will be led by Michael Henningsen, previously a managing director at Park Hill Group.
Placement agent and advisory firm Eaton Partners has agreed to be acquired by Stifel Financial Corp, a US-listed financial services holding company with a strong presence in investment banking and wealth management.
Ascendent Capital Partners’ China strategy involves advising companies first and raising the prospect of investment second, perhaps with a sizeable gap in between. Does this signal change in the middle market?
The private equity industry's approach to environmental value-add is evolving. The Environmental Defense Fund, KKR and The Carlyle Group discuss the various partnerships that underpin these efforts
MUFG Investor Services, the asset servicing group of Mitsubishi UFJ Financial Group, will buy UBS Global Asset Management's Alternative Fund Services (AFS) business.