On a recent US trip North American LPs shared their views of the institutional funding zeitgeist
New York State Teachers’ Retirement System (NYSTRS) has disclosed a commitment of $100 million to ADV Partners’ second Asian special situations fund. The PE firm closed its debut vehicle at $545 million in 2015.
Pennsylvania State Employees’ Retirement System (PennSERS) has extended its long-standing relationship with Asia Alternatives, allocating $50 million to the firm’s latest fund-of-funds product and a further $50 million to a separate account.
The Willis Towers Watson global alternatives survey offers view surprises in terms of where investors are putting their capital, but there are some interesting developments in which investors are providing it
Allstate Investments has gradually increased its exposure to private equity – and Asia specifically – over the last 12 years or so, but the current bullishness around the asset class is cause for concern
The CIO of South Korea’s National Pension Service (NPS) has submitted his resignation, seven months before the end of his two-year tenure.
As banks look to reduce their exposure to Asian non-performing loans (NPLs), private lenders that can offer more flexibility on terms are seeing increased opportunities for investment, industry professionals told the AVCJ Singapore Forum.
Hamilton Lane has opened an office in Sydney and hired James Martin, who previously spent five years at Partners Group focusing on institutional sales and deal origination, to lead local operations.
Texas County & District Retirement System (TCDRS) has committed $30 million to IDG Capital’s latest China venture capital fund – the first to be raised since the GP acquired the global investment business of International Data Group (IDG).
HarbourVest Partners has closed its fourth global co-investment fund at $1.75 billion, having raised the hard cap from $1.5 billion.
Keeping up with the pace of change in Asian private equity – particularly in terms of people moves – is one of the biggest challenges for institutional investors based outside of the region.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a commitment of up to $20 million in the Abraaj Group’s global credit fund.
Temasek Holdings saw its portfolio hit a record high of S$275 billion ($199 billion) for the 12 months ended March, but the Singapore government-controlled investment fund warned that the global economy is still plagued by uncertainties.
Cambodia, Laos and Myanmar are among the last frontier markets in Asia but well positioned to benefit from accelerating interest in the ASEAN region. Private equity success will require a nimble approach
China Investment Corporation (CIC) increased its alternatives exposure by a few percentage points to 37.24% for the year ended December 2016 as its international portfolio rebounded from a loss in 2015 to post an investment return of 6.22%.
GIC Private warned of years of uncertainty ahead as the Singapore sovereign wealth fund announced its weakest investment performance since the global financial crisis.
There are various practical reasons - concerning legal, oversight and human reasons - why US pension funds are not as aggressive as their Canadian peers in private equity. A change in mindset would also be helpful
US public pension funds are active investors in private equity, but their asset allocation policies are influenced by stakeholders’ input and limited internal resources, as well as the desire for returns
Japanese institutional investors are taking their time with decisions about launching alternative investment programs. Strong support from internal stakeholders is a key consideration
Verlinvest has built strong consumer sector presence in Asia through PE fund commitments and direct deals. Nicholas Cator, an executive director at the family office, says the latter are more important than the former
Japanese institutional investors are increasingly interested in private equity, but investment programs are often slow to get off the ground due to an innate aversion to risk among internal stakeholders.
The National Pension Service of Korea (NPS) continued its steady growth in alternatives exposure, with its allocation increasing from 10.7% to 11.4% over the course of 2016 – which equates to additional capital of KRW9 trillion ($7.9 billion) – as...
Japan’s GPIF has finally signaled its readiness to invest in alternative assets. Though contributions will likely be slow to come and limited at first, the barest hint of its intentions has wide-ranging ramifications
China’s National Council for Social Security Fund (NSSF), the largest pension fund in the country, saw its investment return decline to 1.73% in 2016 from 15.19% the previous year, largely due to losses on fixed income products.