The International Finance Corporation (IFC), the investment arm of the World Bank,and Clearwater Capital Partners will together invest $150 million in distressed assets in Asia.
A turbulent 2017 for South Korea in both domestic and international politics has complicated private equity agendas across a number of sectors, but GPs are tracking some positive aftereffects.
While global investors often express wariness about investments in Asian credit and special situations, industry veterans remain optimistic about the future of the strategy.
Despite their strong growth potential, Australian food crops have attracted little activity from the private equity community. Investors’ interest is restrained by the high hurdles to managing these assets
Victor Fung played a key role in the development of venture capital and private equity in Asia, and of AVCJ itself. He looks back at how the various pieces fell into place
Affinity Equity Partners has completed a first and final close on its fifth pan-Asian fund at the hard cap of $6 billion.
Yichen Zhang, CEO of CITIC Capital, discusses fundraising, working on outbound deals, the appeal of China divestments by foreign companies, and leading a multi-strategy firm
MBK Partners has promoted Bryan Byungsuk Min, currently the firm’s COO, to partner.
Paul McCullagh has become the first of the four founders of Australia-based buyout firm Pacific Equity Partners (PEP) to step back, swapping his managing director position for a senior advisor role.
Tim Martin, a partner at Australian middle market private equity firm Crescent Capital Partners, has departed the firm ahead of its next fundraise.
David Rubenstein, co-founder and co-CEO of The Carlyle Group, discusses the likelihood of a global economic slowdown, areas of interest in Asia, and the evolution of the private equity funding model
Quadrant Private Equity is deploying capital at pace in Australia’s middle market, raising A$1.15 billion ($863 million) for its ninth fund less than a year-and-a-half after closing its eighth vehicle
Having proved an ability to return capital to LPs from its debut fund, Kedaara Capital took just three months to hit the hard cap on its second India vehicle
Lilly Asia Ventures’ rapid-fire $450 million fundraise reflects increasing LP interest in the opportunities offered by the Chinese healthcare sector
From raising the largest pan-regional fund ever seen in Asia to concluding Japan’s biggest PE buyout, KKR has enjoyed an eventful 12 months
A selection of the transfers, promotions, arrivals and departures in the private equity community in 2017
From China to Australia and secondaries to venture debt, industry participants share their perspectives on the year to come for fundraising, investments and exits
Dan Carroll of Brooklands Capital Strategies, David Rubenstein of The Carlyle Group, Joseph Bae of KKR, and Jonathan Lavine of Bain Capital on the rise of global buyout firms in Asia
Stephen Pagliuca, co-chairman of Bain Capital, on carving out Toshiba’s flash memory business, rising valuations, and how functional and sector expertise will define the PE firms of the future
Australia-based turnaround investor Allegro Funds has reached a final close on its third fund at the hard cap of A$290 million ($218 million) as well as raising A$92 million for a sidecar vehicle.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the third India-focused vehicle of Lighthouse Funds.
Quadrant Private Equity has closed its latest mid-market Australia and New Zealand fund at A$1.15 billion ($863 million). As with the firm’s previous two fundraises, the process took approximately one month.
Finding ways to implement environment, social and governance (ESG) policies and track performance with greater consistency has become a priority for some – but by no means all – Asian GPs
Investors are encouraged by initiatives Taiwan’s government has launched to develop the local private equity market, but they told the AVCJ Taiwan Forum that areas such as team-building and deal availability to build a sustainable industry.