Adams Street Partners
Realism on exits essential in Southeast Asia – AVCJ Forum
Exits remain challenging in Southeast Asian private equity, but LPs see a growing willingness among the region’s GPs to take this difficulty into account when planning their investments.
Adams Street raises $824m for global fund-of-funds
Adams Street Partners has closed its latest global fund-of-funds with $824 million in commitments. It exceeds a target raise of $800 million.
India PE spin-outs: Standing tall
India provides fertile ground for spin-outs by increasingly confident PE veterans, but LP skepticism remains a major hurdle. Managers must demonstrate their investment skills quickly or risk being left behind
India PE outlook: Momentary frights
Investors see potential in India as valuation concerns ease, but exits and the macro picture present challenges in the short term
Adams Street closes global early stage fund at $426m
Adams Street Partners has reached a final close of $426 million on Adams Street Venture Innovation Fund II, its global early-stage fund-of-funds.
PE and tech investment: The late show
Private equity firms are participating in late-stage rounds in Asia’s technology space as they look to gain a toehold in start-ups with the potential to transform economies. But do the valuations make sense?
India LPs: Patient capital
Despite favorable regulatory moves in recent years, Indian financial institutions remain reluctant to invest in private equity. Investors see room for optimism, but they know they are in for a long wait
The crystal ball: Predictions for 2018
From China to Australia and secondaries to venture debt, industry participants share their perspectives on the year to come for fundraising, investments and exits
Indian firms must prove their worth to LPs – AVCJ Forum
LPs still find India an attractive market for investments, but fund managers must actively pursue them and make the case for their strategies.
Adams Street opens South Korea office
Adams Street Partners has established an office in Seoul in an effort to expand access to clients and investment opportunities in the region.
Secondary buyouts: Peer to peer
Maligned by some investors, sponsor-to-sponsor deals are gradually becoming more prevalent in Asia as the private equity industry matures. What is the early verdict?
China project funds: Cut to fit
Project funds have become popular in China on the back of increased demand for PE exposure from corporates and high net worth individuals. It remains to be seen if they have true staying power
Frontier markets: Late to the boom
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
Tencent backs US music app Smule in Asia push
Chinese internet giant Tencent Holdings has led a $54 million funding round for Smule, a US-based social media music company, to support its expansion in Asia.
India GPs must back up value-add claims with returns - AVCJ Forum
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.
Secondaries: The personal edge
Deep relationships within the GP community can make all the difference in terms of sourcing opportunities – and acting on them quickly – in Asia’s increasingly competitive secondaries market
Transition time: Succession planning in private equity
Asian GPs face increased scrutiny on succession planning as LPs seek to distinguish franchises that are sustainable from those that are not. For some founders, sharing economics and power isn’t easy
LP interview: Adams Street Partners
Yar-Ping Soo, Asia head at fund-of-funds Adams Street Partners, sees plenty of space for growth in the region's PE markets and is looking for up-and-coming managers that can tap into it
US PE firm leads $41m round for Japan's Takeda
US-based GP Frazier Healthcare Partners is leading a $41 million Series A round for Japanese medical research and development company Takeda Pharmaceutical.
Adams Street promotes Doris Guo to partner
Adams Street Partners has promoted Doris Guo, a principal in charge of primary investments in Greater China, to partner.
Adams Street hires Hart to lead Asia business development
Adams Street Partners has appointed Ben Hart, formerly of Capital Dynamics, as partner and head of business development for Asia.
Adams Street names Yar-Ping Soo Asia investment team head
Yar-Ping Soo, a partner with Adams Street Partners, has been appointed head of the firm’s Asian investment team, succeeding Piau-Voon Wang, who will become a senior advisor.
Adams Street's PV Wang to step back
Piau-Voon Wang, a partner at Adams Street Partners who opened the firm’s Singapore office in 2006, is stepping back and transitioning to an advisory role.
India fundraising: Moment of truth
With investor sentiment in India’s public markets on a roll, a host of mid-market private equity firms are either in fundraising mode or about to enter it. For some managers, at least, it will be a difficult process