Funds
CIC halves funds application
China Investment Corp (CIC), the PRC's $300 billion sovereign wealth fund, was denied central government approval to raise $200 billion in additional funding, and in response has lowered its application to $100 billion.
Siebert goes native with Macquarie
Mike Siebert, hitherto an associate at Partners Group, has been recruited as a portfolio manager for the private equity arm of Macquarie Funds Group, to build the group's European capabilities.
Legend Capital plans RMB fund
Legend Capital, the VC investment arm of PRC computer pioneer Lenovo Group, is planning to raise an RMB1 billion ($146 million) fund this year, according to MD and co-founder Chen Hao.
Hahn leaving MSPE
Scott Hahn, MD and Chief Investment Officer of Morgan Stanley Private Equity (MSPE) Asia, is leaving the firm, and is rumored to be contemplating a fund of his own.
RREEF loses Fogle in Asia
Mark Fogle, managing director and chief investment officer for real estate at RREEF Asia Pacific, the alternative investment group of Deutsche Bank AG's asset management division, is leaving the firm after three years of service.
HSBC Infrastructure III first close on $580 million
HSBC has had a first close on its fourth and latest infrastructure vehicle, HSBC Infrastructure Fund III, at $580 million, against a final target of $1 billion.
Bridging Asia’s infrastructure bottleneck
Infrastructure investors step up
CNEI closes ahead at $255 million
Focused on macro growth story
Shanghai to unveil RMP LP plan
Early reports suggests $100 million cap
Real estate: China boom or bubble?
Where there is growth, investors will follow
Aditya Birla announces Fund I close
Aditya Birla Capital Advisors has announced the close of its first fund, Fund I, at some Rs.800 crore ($176 million).
Shanghai RMB LP plan reported
Reports in PRC media indicate the launch of a “Trial Plan for the Participation of Foreign Investment in Renminbi Investment Funds” to be floated in the Pudong New Area of Shanghai, authorized after an executive meeting of the Shanghai municipal government.
CNEI Fund II closes ahead at $255 million
China-focused growth capital private equity firm China New Enterprise Investment (CNEI) has announced the final close of its second fund, CNEI Fund II, oversubscribed at $255 million, ahead of its original $250 million target.
Ex Taiwanese minister launches PRC RMB fund
Yang Shih-chien, a former deputy economics minister in Taiwan, has reported launched his own RMB-denominated private equity fund.
3i debuts new growth fund
3i Group has launched its new growth capital fund at GBP1.1 billion ($1.6 billion) of assets under management, with $533 million provided by third-party investors - the first time 3i has funded a growth vehicle externally rather than exclusively from...
JAFCO invests Japan headhunter
JAFCO, one of the largest venture capital firms in Japan, invested JPY217 million ($2.4 million) in Biz Reach Inc., a Japanese recruitment site operator, through its JAFCO Super V3 Kyoyu Fund.
Ex-Goldman Hu may skip PE for PBOC
According to Chinese media reports, Dr Fred Hu, the former Managing Director and Chairman of Greater China at Goldman Sachs who recently retired from his post after only two years, may skip his reported plans for an independent private equity fund and...
Saigon AM gets new CIO
Saigon Asset Management, the leading Vietnam investor, has announced the appointment of Michael Kokalari as its new CIO and deputy CEO, to replace Hoang Ngueyn, who becomes Senior Advisor.
Unitius recruits ex-Morgan Stanley, UBS leads
Unitius Capital, a financial advisory business that focuses on capital sourcing for microfinance and other socially-focused operations, has recruited former Morgan Stanley India CEO and Country Head Narayan Ramachandran as its new co-chairman, as well...
Lazard Carnegie Wylie starts Oz pub fund
Lazard Carnegie Wylie Private Equity has announced the formation of an A$100 million ($91 million) fund to buy Australian distressed pubs, hotels and similar hospitality assets.
Wilshire woes
Fund of funds hemorrhaging top talent
New Horizon closes Fund III
Track record, platform, name value show in result
CalPERS to commit $1.3 billion to infra
Leading US LP the California Public Employees' Retirement System (CalPERS) is to commit some $900 million to infrastructure GPs and invest $400 million directly, according to an internal statement to its investment committee.
Asian Genco power win sets no precedent
Test case for India infrastructure a landmark and an anomaly