Asia
PE investors see opportunity amidst volatility - AVCJ Forum
Asian private equity is experiencing some volatility – driven in part by macroeconomic concerns and public markets turbulence – but investors told the AVCJ Forum that they are still finding ample opportunities.
Bain, Baring lead the way at AVCJ Awards
With four investments, four partial exits, two IPOs and a string of dividend payments over the past 12 months, Bain Capital was named firm of the year at the 2015 AVCJ Private Equity and Venture Capital Awards.
VIDEO: Oaktree's Howard Marks
Oaktree Capital Management has been following a mantra of “move forward, but with caution,” since 2011, and Howard Marks, the firm’s chairman, told AVCJ earlier this year that he has seen no reason to change this outlook
Asia PE 2015: Guarded optimism
Private equity deal flow this year has been fed by several big auction deals, a healthy dose of co-investment, and ever larger late-stage tech rounds
High PE exposure drives Asia family office performance - study
Family offices in Asia Pacific produced the second-best performance globally in 2014, in part due to their relatively large private equity exposure, according to a new report.
3Q analysis: Digital dreamers
Early- and growth-stage technology deals dominate the China investment charts; middle market fundraising enjoys a rebound; private equity investors turn to trade sales as the public markets flounder
Deal focus: H&Q's reinvigoration factor
H&Q Asia Pacific's Silicon Valley-based innovation hub is intended to help established Asian companies find new avenues of growth in an increasingly challenging commercial landscape
RRJ Capital closes Fund III at $4.5b
RRJ Capital has closed its third fund – which invests globally, with an emphasis on China and Southeast Asia – at $4.5 billion after approximately nine months in the market.
Asia PE recruitment: Building blocks
As private equity continues to evolve in Asia, GPs want to recruit people with a wider array of talents – but industry participants are split on what skills these new hires should focus upon, and where to find them
LP interview: International Finance Corporation
The International Finance Corporation helps emerging managers in frontier markets get off the ground. However, the current priority is to back more established managers in more established markets
ADB pledges to double annual climate financing to $6b
The Asian Development Bank (ADB) will double its investment in countering climate change in developing countries to $6 billion by 2020, up from the current $3 billion.
VIDEO: Bain Capital's Stephen Pagliuca
Bain Capital’s strategy of raising funds that are smaller than those of its longstanding industry peers has been beneficial in terms of generating co-investment opportunities, says Stephen Pagliuca, a managing director at the firm
ESG in infrastructure: Laying the groundwork
Environmental regulations in Asia are not keeping track with the needs of local markets. PE professionals say investors can take the lead in developing and enforcing necessary standards
Secondaries specialist NewQuest to seek $500m for Fund III
NewQuest Capital Partners, which targets secondary direct transactions across Asia, wants to raise $500 million for its third pan-regional fund.
Bank of Tokyo-Mitsubishi commits $30m to Asia climate fund
Bank of Tokyo-Mitsubishi UFJ (BTMU) has committed $30 million to Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Japan’s Orix Corp, and Robeco Institutional Asset Management.
ADV in $545m final close on debut Asia fund
ADV Partners has reached a final close of $545 million on its debut pan-regional fund, exceeding the $500 million target. Approximately 30% of the corpus has already been deployed.
Asian GPs improving on ESG awareness - AVCJ Forum
The impetus for environment, social and governance (ESG) issues achieving greater prominence in PE comes from Europe, but Asian GPs are not necessarily so far behind their counterparts in developed markets.
Q&A: PRI's Fiona Reynolds
The UN-sponsored Principles for Responsible Investment (PRI) initiative has extended its coverage into private equity in recent years. Managing Director Fiona Reynolds offers a snapshot of her findings
Public markets and ESG: The bourse bites back
With regulators toughening their stance on compliance, PE investors in Asia may have to place as much emphasis on environmental, social and governance (ESG) issues for public market exits as they do for trade sales
OTPP names Nicole Musicco as Asia head
Ontario Teachers' Pension Plan (OTPP) has appointed Nicole Musicco as managing director for Asia-Pacific and head of the Hong Kong office.
2015 AVCJ Awards - last call for nominations
Nominations for the 2015 AVCJ Private Equity & Venture Capital Awards close today, September 23. The deadline has already been extended once and will not be extended again.
Headland suspends fundraising on seventh pan-regional fund
Headland Capital Partners has suspended fundraising for its seventh fund in order to focus on generating returns from its existing portfolios.
Q&A: Warburg Pincus' Charles R. Kaye
Charles R. Kaye, co-CEO at Warburg Pincus, discusses the growing importance of Asia to his firm, valuation bubbles in the technology space, and changes in the GP-LP relationship
Asia secondaries: Worth the wait?
A host of pure-play and multi-strategy managers have allocated more resources to Asia in recent years to capture the nascent secondaries opportunity. The region if offering more but has yet to reach full maturity