Australia’s superannuation funds have been the most aggressive of the major global pension players in developing alternatives exposure over the last 10 years, according a new study.
LPs | 10 Feb 2015 |
Australia’s Future Fund increased its private equity allocation from 7.7% to 9.5% over the course of 2014 as total assets under management reached A$109 billion ($85 billion). The return for the 12 months ended December was 13.2%.
LPs | 06 Feb 2015 |
Canada Pension Plan Investment Board (CPPIB) and Queensland Investment Corporation (QIC) are part of a consortium alongside toll road operator Transurban Group that is backing Sydney’s A$2.9 billion ($2.3 billion) NorthConnex tunnel project.
Infrastructure | 05 Feb 2015 |
DesignCrowd, an Australia-based crowdsourcing platform used to source designs from hundreds of freelance designers, has received A$6 million ($4.6 million) in a Series B funding round led by AirTree Ventures.
Venture | 05 Feb 2015 |
For resources-focused GP Denham Capital, the commodities downturn has thrown up some interesting opportunities. Bert Koth, the firm’s Perth-based managing director, explains why his eye is now on Asia
People | 04 Feb 2015
Australian resources-focused private equity firm EMR Capital has reached a final close of $450 million on its specialist mining fund, beating the $400 million target.
Australasia | 03 Feb 2015 |
Pacific Equity Partners (PEP) and Bain Capital have pulled their take-over bid for Australian mining industry supplier Bradken due to volatility in the commodities market.
Australasia | 28 Jan 2015 |
Not every investment works out as planned - often for reasons beyond the investor's control. Navis Capital Partners recently sold Australia-based IT and specialist recruiting firm Peoplebank to Japan's Recruit Holdings for A$68.6 million ($56.6 million)....
North Asia | 21 Jan 2015 |
Solvanix, an Australian early-stage biotech company that has developed a technology for improving drug stability, has received A$2 million ($1.6 million) in seed funding from the Medical Research Commercialization Fund (MRCF).
Healthcare | 19 Jan 2015 |
Navis Capital Partners has sold Australia-based IT and specialist recruiting firm Peoplebank to Japan’s Recruit Holdings for A$68.6 million ($56.6 million).
Exits | 16 Jan 2015 |
Morrison & Co, an investment manager of New Zealand-listed infrastructure fund Infratil, has been looking into Australian retirement village space for a while. In early 2014, it approached RetireAustralia, the country’s fourth-largest player, as a potential...
Real estate | 07 Jan 2015 |
Australian biopharmaceutical start-up EnGeneIC has received $10 million in a Series B round of funding led by Boston-based healthcare specialist GRT Capital Partners.
Venture | 07 Jan 2015 |
CVC Capital Partners returned $2 billion to investors from Asia-based investments in 2014 after completing three full or partial exits – which contributed $1 billion of the proceeds – in December.
Exits | 06 Jan 2015 |
TPG Capital, PAG Asia Capital and their co-investor Ontario Teachers’ Pension Plan (OTPP) have followed up their acquisition of DTZ, the property services arm of Australia-listed UGL, with the purchase of US-based Cassidy Turley.
Buyouts | 06 Jan 2015 |
New Zealand Superannuation Fund (NZ Super) and infrastructure investor Infratil have bought retirement village operator RetireAustralia for A$640.2 million ($521 million) from J.P. Morgan Special Opportunities Group and Morgan Stanley Real Estate.
Buyouts | 02 Jan 2015 |
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South Korea continues to solidify its position as a premier destination for Asian private equity and venture capital investments. In 2014, nearly US$11 billion was invested into South Korean companies with exits topping US$8 billion, the highest return figures in the last 10 years. It is easy to see why international and domestic GP's hold South Korea in high regard, being one of few Asian destinations where large leveraged buyouts are possible.
Venture capital is also gaining momentum as the Park Geun Hye-led government continues to advance on initiatives to promote innovation and foster SMEs. With capital inflows and creative input from local and international VCs, South Korea is living up to its reputation as a flourishing venture ecosystem as we witness the rise of angel consortia, accelerators, and local offices for established VC funds.
This intensive and highly focused event will provide front row seats into one of Asia's most vibrant private equity markets. Key players will share their views on private equity and venture capital in Korea, Asia and beyond.
15 September 2015, South Korea- Westin Chosun, Seoul
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
25-26 June 2015, Conrad Hotel, Tokyo