Australian resources-focused private equity firm EMR Capital has launched its third fund with a target of $1.3 billion.
Singapore’s GIC Private has partnered with the Indian Hotels Company (IHCL), a hospitality unit of India’s Tata Group, for an Indian hotel platform that will invest INR40 billion ($573 million) over the next three years.
VIG Partners has reached a first close of $530 million on its fourth Korea-focused fund, with international investors accounting for more than 60% of commitments received so far.
Proventeus Capital, a private equity firm established by a team that spun out from the Malaysia branch of Kuwait Finance House, is looking to raise $150 million for a Southeast Asia mid-market buyout fund.
Just over two years after its founders spun out from KKR, DCP Capital has raised China’s joint-largest first-time fund on record. The firm sees opportunities emerging in a changing commercial environment
The Longreach Group has leveraged rising appetite for exposure to Japan’s middle market with a $650 million close for its latest buyout fund. Increased global participation contributed to the result
HSBC Private Banking has raised approximately $300 million from its clients for Baring Private Equity Asia’s latest pan-regional fund.
PAG has hired Nikhil Srivastava from KKR to lead its India private equity operations as the firm looks to expand its coverage of the country.
The Longreach Group has reached a final close of $650 million on its third North Asia-focused mid-market buyout fund.
Illinois Municipal Retirement Fund has re-upped in the sixth fund from Indian private equity firm True North with a $10 million commitment.
Are concerns over trade and the economy causing US LPs to back away from Chinese private equity? The more pertinent question is whether - and how - they already have exposure to the market
Eric Xin, a managing director with CITIC Capital, discusses the causes of China’s recent economic woes, the potential for services sector reform, and why corporate carve-outs are still flavor of the month
KKR has appointed Kate Richdale, formerly chairman of investment banking for Asia ex-Japan at Goldman Sachs, to the new position of head of strategy and business development for Asia Pacific.
Quadrant Private Equity is planning to raise a A$300 million ($215 million) fund focused on growth equity investments in small and medium-sized enterprises in Australia.
Will the rapid increases in fund size for the likes of Japan Industrial Partners and Polaris Private Equity turn out to be the exception or the rule in Japan's middle market?
Should you take a 3x return today or wait for a potentially larger exit next year? For GPs, this decision is complicated by fears of a downturn, the timing of future fundraises, and conflicting LP feedback
TPG Capital has closed its seventh pan-Asian fund at $4.6 billion after approximately two years in the market. The vehicle is already 40% committed across 12 companies.
Bahrain-listed asset management firm Investcorp has made its first direct investment in India, acquiring the private equity and real estate investment businesses of IDFC Alternatives, the alternative asset investment arm of IDFC Group.
Heath Zarin has taken EmergeVest out of the Asian private equity mainstream, leveraging a specialist strategy and operational expertise to create the UK’s largest private logistics business
The Carlyle Group has promoted Ling Yang, a managing director in the firm’s Shanghai office, to partner. Yang is one of 60 senior promotions announced by Carlyle worldwide, including six in the Asia buyout team.
The Los Angeles City Employees’ Retirement System (LACERS) has committed $25 million to Baring Private Equity Asia’s seventh pan-regional fund, the same amount it committed to the GP’s previous vehicle.
Asian institutional investors are looking to increase allocations to private markets in order to mitigate the risks of a potential economic downturn, a new survey has found.
Malaysian government-backed private equity firm Ekuinas has set up its fourth fund with MYR1 billion ($242 million) and an option to increase the corpus to MYR1.5 billion.
With $1.4 billion in dry powder at its disposal, Japan Industrial Partners has the firepower to target a wider variety of corporate carve-out opportunities