Buyout
Investors challenged by governance in SE Asia – AVCJ Forum
Implementing institutional-class governance practices at portfolio companies remains a significant hurdle for Southeast Asia-focused buyout firms, industry participants told the AVCJ Singapore Forum.
Q&A: Gaja Capital's Gopal Jain
Gopal Jain, co-founder and managing partner at Gaja Capital, discusses the growing appetite among US institutional investors for Indian private equity and the country’s attraction for US strategic players
Australia’s Archer targets $208m for sixth fund
Australian GP Archer Capital has revived its plans to raise a sixth fund and set a target of A$300 million ($208 million), more than a year after halting the process amid the planned departure of Peter Wiggs, the firm’s founding partner and CEO.
Hamilton Lane targets Asia with $1.7b co-investment fund
Hamilton Lane has closed its fourth global co-investment fund at $1.7 billion, with a view to deploying 15-20% in Asia. It is the firm’s largest co-investment fund to date.
The 20-year review
AVCJ's Japan Forum has been going for two decades, a period during which the industry has embarked on several roller-coaster journeys. For now, though, the market appears to be in good health
Japan PE fundraising: Upsizing
Japanese private equity firms are looking to raise larger funds, based on what is described as a blossoming investment opportunity. Do they risk biting off more than they can chew?
Fund focus: Advent leverages global muscle in Asia
Advent International has up to $3 billion to deploy in Asia following its recent global fundraise. It has increased headcount to widen sector coverage
Advent raises $17.5b for ninth global fund
Advent International has closed its latest global fund at the hard cap of $17.5 billion, completing its largest-ever fundraising exercise in the space of six months.
Australia's PEP surpasses $1.4b in Fund VI first close
Pacific Equity Partners (PEP) has reached a first close of just over A$2 billion ($1.4 billion) on its sixth Australia and New Zealand-focused buyout fund, with the hard cap set at A$2.5 billion.
Archipelago closes debut fund at $75m
Southeast Asia-focused private equity firm Archipelago Capital Partners has closed its debut fund at $75 million, and plans to raise a successor vehicle in 2020.
EMR launches third fund with $1.3b target
Australian resources-focused private equity firm EMR Capital has launched its third fund with a target of $1.3 billion.
GIC, Tata to invest $573m in India hotels
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 hits $530m first close on fourth Korean fund
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 targets $150m for Southeast Asia fund
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.
Fund focus: Old heads, new firm
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
Fund focus: Back on the map
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
Baring Asia gets $300m fund commitment via HSBC private bank
HSBC Private Banking has raised approximately $300 million from its clients for Baring Private Equity Asia’s latest pan-regional fund.
PAG appoints KKR dealmaker as India PE head
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.
Longreach closes latest buyout fund at $650m
The Longreach Group has reached a final close of $650 million on its third North Asia-focused mid-market buyout fund.
Illinois Municipal re-ups in India’s True North
Illinois Municipal Retirement Fund has re-upped in the sixth fund from Indian private equity firm True North with a $10 million commitment.
Institutional investors: China access
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
Q&A: CITIC Capital's Eric Xin
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 hires Goldman's Asia ex-Japan investment banking head
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.
Australia's Quadrant plans $215m growth fund
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.
