The Dietrich Foundation has an unusually large allocation to PE and VC, and to China venture capital in particular. CIO Edward J. Grefenstette discusses the considerations that underpin this exposure
With the pace of fundraising picking up in China's venture capital industry, offshore LPs face challenges keeping up with the latest developments
Co-investment opportunities are increasing in Asia, with LPs pushing for direct exposure to deals and GPs more willing and able to bring them in, but they do not appeal to all institutional investors.
Global LPs targeting increasingly complex opportunity sets in Asia must streamline their activity and employ a range of techniques to reconcile shortages in investment team resources, panelists told the Hong Kong Venture Capital & Private Equity Association's...
Changes in the market and turnover in the team notwithstanding, Axiom Asia secured $1 billion for a fourth fund much like its previous three: a co-mingled fund-of-funds that offers exposure to hard-to-access GPs
Axiom Asia has closed its fourth pan-regional fund-of-funds at just over $1 billion, sticking to its tried and tested model of a single co-mingled vehicle with no separately managed accounts. The initial target was $750 million.
Korea Teachers’ Pension has appointed David Park, formerly CIO of Allianz Life Insurance Korea, as its new chief investment officer. His two-year term began on January 2.
Large LPs want to reduce the number of PE managers in their portfolios and generate more value from the outperformers that remain. The GP-LP relationship is becoming closer and more complicated
Asia-based investors account for just under one quarter of commitments to Apax Partners’ latest global fund, which has closed at the hard cap of $9 billion after less than a year in the market.
The Overseas Private Investment Corporation (OPIC) has committed $5 million to the debut fund being raised by Unreasonable Capital, which focuses on social and environmental issues in emerging markets.
HarbourVest Partners has promoted Hong Kong-based Kelvin Yap, who focuses on growth equity and buyout investments in Asia Pacific, to managing director.
Primavera Capital Group has reached a final close on its second US dollar-denominated China-focused fund at $1.93 billion, exceeding the target of $1.5 billion.
New Zealand Superannuation Fund (NZ Super) has committed to invest up to NZ$260 million ($182 million) in three domestic PE funds.
GenBridge Capital, a venture capital firm whose founders include two members of Chinese online retailer JD.com’s M&A team, is seeking to raise $500 million for its debut China fund.
A selection of the transfers, promotions, arrivals and departures in the private equity community in 2016
From LPs looking for realizations from GPs as well as paper gains, to the factors contributing to more buyout opportunities in China, industry participants give their perspectives on the year to come
The International Finance Corporation (IFC), the investment arm of the World Bank, will partner with Vietnam's State Capital Investment Corporation (SCIC) to help execute its divestment plan and explore co-financing opportunities.
Indian GPs are keen to highlight their proprietary deal-sourcing capabilities and operational credentials, but these claims are only meaningful if they have a demonstrative impact on performance, LPs told the AVCJ India Forum.
MBK Partners has reached a first and final close on its fourth North Asia-focused buyout fund at $4.1 billion, a significant step up from the $2.7 billion it raised for Fund III.
Ontario Teachers’ Pension Plan (OTPP) has promoted Jo Taylor to senior international managing director. He will also serve as interim head of Asia Pacific as Nicole Musicco, the current head, returns to Toronto to lead OTPP's public equities unit.
Singapore-based Jungle Ventures has reached a final close of $100 million on its second fund, which will target Southeast Asian technology start-ups.
Australia’s QIC has reached an agreement with Ping An Asset Management (PAAMC), the asset management arm of Ping An Insurance, which will allow the Chinese group to tap into QIC’s experience in alternatives.
Indian IT and business consulting firm Infosys has made a INR31.6 million ($4.6 million) LP commitment to the debut fund of Stellaris Venture Partners, a spin-out from Helion Venture Partners.
When Alberta Teachers’ Retirement Fund developed a private equity program, it was able to learn from the experiences of others and focused on building deep relationships with a select group of managers