Australian LPs are increasingly keen on direct investment for the most part alongside portfolio GPs but not all groups are able to build and retain the resources required to participate effectively.
Australasia | 07 Mar 2014 |
KKR has further bolstered its energy and infrastructure presence in Asia, appointing Tony Schultz as managing director in Sydney and relocating Ash Upadhyaya -a director with KKR's energy and infrastructure team in the US - to Singapore.
People | 06 Mar 2014 |
Australian superannuation funds that are not facing imminent payout deadlines remain committed to private equity, although managers say the more complex regulatory environment can hinder their approach to the asset class.
Australasia | 06 Mar 2014 |
One of the observation's made in last week's Australia-themed viewpoint was that private equity fundraising tanked in 2013, although there was a caveat.
Buyout | 05 Mar 2014
Australia’s QIC has bought a minority stake in Queensland-based Ostwald Construction Materials (OCM), the quarry and concrete solutions arm of Ostwald Bros. QIC acted through its private equity unit.
Australasia | 04 Mar 2014 |
Beijing Capital Group, a Chinese state-owned enterprise principally involved in infrastructure, has outmuscled bidders including The Carlyle Group to buy Transpacific Industries Group’s (TPI) New Zealand waste management business for NZ$950 million...
Buyouts | 03 Mar 2014 |
Australian GP Quadrant Private Equity has closed its seventh fund at A$850 million ($758 million) after just over one month in the market. The vehicle was two times oversubscribed with interest from both domestic and offshore investors.
Fundraising | 03 Mar 2014 |
The Carlyle Group is expected to face competition for Transpacific Industries Group's New Zealand waste management unit from a competing bid from a local consortium involving two Maori tribes.
Infrastructure | 28 Feb 2014 |
CHAMP Private Equity has appointed John Haddock as its first CEO. He will assume responsibility for the Australian GP’s investment program together with day-to-day management of the firm, while continuing the deal origination and portfolio management...
People | 28 Feb 2014 |
The Anywhere Group (TAG), an Australian provider of temporary accommodation for the mining sector, has gone into administration owing Singapore-based PE firm Crest Capital Asia A$9.5 million ($8.4 million).
Australasia | 27 Feb 2014 |
Sebastiaan van den Berg, managing director and head of Asia at HarbourVest Partners, discusses his expectations for Australian deal flow, best practice for IPO exits, and co-investment opportunities
LPs | 26 Feb 2014
Due to a combination of factors, not least the revival in Australia’s public markets, mid-market private equity deal flow was slower in 2013 than previous years. GPs are waiting for conditions to become more opportune
Australasia | 26 Feb 2014 |
Australia has embraced crowdfunding as a supplement to an early-stage traditional VC market that has yet to regain its former strength. Industry participants are seeking differentiation and deregulation
Venture | 26 Feb 2014 |
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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.
5-7 March 2014, Four Seasons Hotel, Sydney