Indian private equity has taken a beating in recent years. As the excesses of the industry’s overcrowded GP population catches up with the realities of a sluggish economy and a weakening...
South Asia | 27 Nov 2013
Norway’s sovereign wealth fund and Oaktree Capital Management are two of 10 cornerstone investors that will cover up to 44% of China Cinda Asset Management Corp’s IPO. The company, originally set up to absorb non-performing loans (NPLs) from China’s...
Financials | 25 Nov 2013 |
Global institutions have a growing appetite for co-investment in Asia, but not all varieties of LP have the resources or will to establish a local presence and do it properly. GPs must decide who adds value and where
LPs | 20 Nov 2013 |
The catalogue of deals gone bad in China is long and undistinguished. Private equity firms, and the third-party advisors that work with them, are rethinking their approach to due diligence
Advisory | 20 Nov 2013 |
Private equity advisory firms are placing greater emphasis on management integrity as they seek to refine the due diligence process for portfolio companies, say industry participants.
Greater China | 13 Nov 2013 |
Global institutional investors are becoming more cautious in allocating capital to Asian private equity funds, citing the region's weakening economic performance and concerns that GPs’ short-term investment horizons are not beneficial to the broader...
LPs | 13 Nov 2013 |
Indian GPs expect the current vintage of country funds to enjoy a favorable investment climate as valuations moderate and competition for deals eases, even though they acknowledge that LP sentiment in many cases remains weak.
South Asia | 13 Nov 2013 |
When we look back at 2013 it will probably be described as a slow year for Asian private equity. Statistics on all major PE activities in the region have fallen substantially.
Fundraising | 07 Nov 2013
Oaktree Capital Management and Singaporean shipping management firm Navig8 have agreed to form a shipping joint venture, Navig8 Chemical Tankers.
Investments | 11 Oct 2013 |
Nominations for the 2013 AVCJ India Awards close today. This is the industry's last chance to highlight the leading fundraises, investments, exits, professionals and firms of the last 12 months.
Fundraising | 08 Oct 2013 |
Asia-focused private equity funds raised $9.5 billion in the third quarter of 2013, up from the multi-year low of $5.2 billion in the previous quarter, according to provisional data from AVCJ Research. A total of 54 vehicles reached a partial or final...
Fundraising | 04 Oct 2013 |
Japanese private equity firm Integral Corp. has acquired part of TBI Group, a restaurant chain operator with 78 outlets, as part of a management buyout. The financial terms of the deal were not disclosed.
North Asia | 03 Oct 2013 |
KKR isn’t known for backing start-ups, but the risks associated with the firm’s recent foray into dairy farm ownership in China are tempered by the presence of familiar partners. For its first control deal in China and its first greenfield deal globally,...
Investments | 03 Oct 2013 |
KKR has completed its first majority investment in China, partnering with CDH Investments and China Modern Dairy in a $140 million greenfield farming joint venture that will deliver premium raw milk to domestic consumers.
Investments | 24 Sep 2013 |
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India's private equity industry is in a state of transition, and only funds that are nimble on their feet and adaptive will ultimately survive. Find out what you need to navigate India's changing landscape at the 14th Annual AVCJ Private Equity & Venture India Forum on 5-6 December. Last year's Forum was attended by more than 250 top executives coming from 15 different countries and territories around the globe. Over 50 LPs joined the event, including dozens of foreign investors looking to increase their allocations to India or to invest in the country for the very first time. The conference featured in-depth analysis about India's private equity industry with sessions that covered topics ranging from confronting the difficult exit and fundraising environment, to understanding regulatory changes, to predicting where the industry will likely be in 2015.
Date: 5-6 December 2013
Venue: Tal Lands End, Mumbai
Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
, Four Seasons Hotel, Sydney