Asia
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Energy transition: Getting comfortable
Private equity investors are leaning into energy transition with new funds, strategies, and attitudes about risk as more emerging categories go mainstream. Regulation remains the perennial spoiler
Q&A: Mubadala’s Luca Molinari
An Abu Dhabi-headquartered sovereign investor Mubadala has a USD 276bn portfolio with interests across six continents. Luca Molinari, who leads Asia direct investments, outlines the regional strategy
Q&A: BPEA EQT’s Jean Eric Salata
Jean Eric Salata, head of BPEA EQT and chair of EQT Asia, on the benefits of diversification, why Asia’s limited reliance on leverage could lead to better relative performance, and being creative with liquidity
Asia GPs fear LP portfolio concentration - survey
Large LPs concentrating their GP relationships is comfortably the biggest fundraising challenge facing private equity firms in Asia Pacific, according to a survey featured in the latest edition of Dechert’s global private equity report.
Money train: Raising capital out of Asia
Fundraising difficulties at home are prompting some US and European GPs to target Asian capital pools that they previously overlooked. It requires patience and persistence
OrbiMed raises $4.3b for global, Asia funds
Healthcare investor OrbiMed has raised USD 4.3bn for its latest set of global funds, including its fifth Asia-focused vehicle.
Asia distress: Landslides on hold?
Investors are witnessing an uptick in turnaround opportunities based on delayed pandemic effects and a poor macro outlook. The trend remains anecdotal, but some markets could see a surge
LPACs: Conflicts and complexity
The combination of a maturing Asian private equity landscape and a fast-emerging continuation fund opportunity is placing greater emphasis on the role of the LP advisory committee
3Q analysis: Dividing lines
China fundraising stays strong, across US dollar and renminbi, despite regulatory concerns; Australia confounds general slowdown in Asia PE investment; exits demonstrate promise if not results
Blackstone's Ed Huang switches to Asia private wealth role
Ed Huang, who has spent the last two-and-a-half years as COO of The Blackstone Group’s Asia private equity business, will become the firm’s head of private wealth solutions for the region.
AVCJ Awards 2023 - voting has closed
Voting for the 2023 AVCJ Private Equity & Venture Capital Awards has now closed. Many thanks to all those who participated.
Orion hits $205m first close on third Asia debt fund
Orion Capital Asia, a private credit manager that spun out from Olympus Capital Asia three years ago, has reached a first close of USD 205m on its third fund.
Emerging LPs: Fingers in every pie
As more institutional investors dip their toes into private equity for the first time, managers must understand their motivations. Frontier sovereign wealth funds are an enticing wildcard
Warburg Pincus closes global flagship fund on $17.3b
Warburg Pincus has closed its latest global flagship fund with USD 17.3bn in commitments, making it the firm’s largest fundraise in its 57-year history.
LeapFrog eyes February close, claims significant progress on fundraise
Impact investor LeapFrog Investments expects to close its fourth flagship fund in February, with a source close to the situation adding that "a significant share" of the targeted USD 1bn has already been raised.
Mars Growth Capital launches Asia tech fund
Singapore’s Mars Growth Capital, a tech investor set up in 2021 by Mitsubishi UFJ Financial Group (MUFG) and Liquidity Group, has launched its maiden Asia equity fund with an initial USD 500m.
Q&A: ADM Capital’s Chris Botsford
Chris Botsford, co-founding partner and CIO of Asia-focused private credit provider ADM Capital, on linking financial and sustainability outcomes, the merits of SMAs, and opportunities in complexity
ESG backlash: Turbulent tailwinds
The strong momentum behind sustainable and responsible investment policies globally has begun to ruffle feathers in the US. Asian private equity should recognise this as a relevant warning