IMM Private Equity has closed its third Korea-focused fund at approximately KRW1.25 trillion ($1.15 billion), having seen an uptick in foreign investor participation compared to the previous vehicle.
South Korea’s Public Officials Benefit Association (POBA) has allocated $120 million to US mezzanine funds managed by Crescent Capital Group, Falcon Investment Advisors and GoldPoint Partners.
Comprehensive adoption of responsible investment protocols in private equity is being driven by a handful of players within the global LP community. They must continue to establish industry best practice
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest up to $700 million in Edelweiss Group for investments in private debt in India.
Innovation Network Corporation of Japan (INCJ) has committed up to JPY10.4 billion ($102.6 million) to funds managed by domestic VC firms MedVenture Partners and Universal Materials Incubator.
Canada Pension Plan Investment Board (CPPIB) has signed an agreement with China’s National Development & Reform Commission (NDRC) to provide assistance to policymakers as they address the challenges presented by an aging population.
Selling Asian LPs on private credit strategies remains difficult for the most part, but fund managers are generally confident that interest in the asset class is set to take off
The International Finance Corporation (IFC) is considering an investment of up to $25 million in Maison Capital’s debut US dollar-denominated China fund, which has an overall target of $200 million.
Multiples Alternative Asset Management has reached a final close of $690 million on its second India-focused fund, beating the target of $650 million.
Sebastiaan van den Berg, previously a managing director at HarbourVest Partners, has become CIO and head of principal investments at Hong Kong-based Sun Hung Kai & Co.
AirTree Ventures' successful fundraise underlines the growth interest in Australian venture capital, but the superannuation funds have yet to prove themselves to be a consistent source of capital
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
After several years of rapid growth, secondaries volumes slowed in the first half of 2016, while fundraising reached an all-time high. Opinion is divided on the prospects for an increasingly nuanced market
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.
Exposure to private equity and venture capital – where it is driven by true value creation rather than financial leverage or strong economic growth – has never been more important, according to Raphael Arndt, CIO of Australia’s Future Fund.
Korean institutional investors are raising their allocations to alternative assets, but a need for yield means they favor assets like private debt and infrastructure over private equity.
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
Australia-based QIC is one of a handful of LPs able to co-underwrite investments alongside GPs. While there have been a few domestic solo deals, the group still sees itself more as partner than rival
The International Finance Corporation (IFC) will invest up to $15 million in the debut fund of Philippines-based private equity firm Sierra Madre Managers.
China-based CDH Investments has closed its latest renminbi-denominated mezzanine fund at RMB3.5 billion ($525 million), exceeding a target of RMB2 billion.
The International Finance Corporation (IFC), the investment arm of the World Bank, has committed $45 million between two Chinese PE funds.
Caisse de dépôt et placement du Québec (CDPQ) has agreed to acquire a 20% stake in Plenary Group Holdings, which controls the Australian operations of the global specialist infrastructure investor Plenary Group.
Christopher Ailman, CIO of the California State Teachers’ Retirement System (CalSTRS), explains how his organization’s approach to ESG has evolved and what this means for portfolio managers
The Public Employees Retirement Association of New Mexico has seen its private equity portfolio outperform in recent years, but the program is still being revised. CIO Jonathan Grabel explains why