Industry
LP interview: AustralianSuper
Internalizing management is a priority for AustralianSuper across all asset classes. In private equity, this means forging relationships with a concentrated pool of managers and pursuing co-investment
China's MSA receives VC fund commitment from Al Waha
China-based MSA Capital, also known as MagicStone Alternative Investments, has confirmed that Middle Eastern investor Al Waha has made an LP commitment to its second venture capital fund.
HarbourVest boosts Australia, New Zealand IR coverage
HarbourVest Partners has appointed Warwick Mancini as a principal with responsibility for investor relations in Australia and New Zealand.
Permira closes seventh global PE fund at $12b
Permira has reached a final close on its seventh global private equity buyout fund at the hard cap of EUR11 billion ($12.1 billion).
Philippines PE: Power dynamics
A virtually impenetrable middle market under the control of incumbent conglomerates is the least governable of the systemic obstacles facing private equity hopefuls in the Philippines
Australia IPOs: Best behavior
Public market investors in Australia have fallen out of love with private equity-backed IPOs. It's in the interests of both to get along, but they must find a way to rebuild trust
AVCJ Awards 2019 - Voting is open
Voting for the 2019 AVCJ Private Equity & Venture Capital Awards is now open and runs until October 29.
LGT closes fourth Asia fund-of-funds at $1b
LGT Capital Partners has closed its fourth Asia Pacific fund-of-funds at the hard cap of $1 billion. It had initially targeted a final close in October 2020.
Advantage sells GP stake to Japanese strategic
Japanese mid-market private equity firm Advantage Partners has agreed to sell a minority stake in its fund management entity to domestic financial services company Tokyo Century Corporation.
India's Inventus closes third VC fund at $52m
India and US-focused Inventus Capital Partners has closed its third fund at INR3.6 billion ($52 million). It is the early-stage investor's first vehicle dedicated solely to India.
MoFo adds fund formation partner in Hong Kong
Morrison & Foerster (MoFo) has bolstered its Asia fund formation capabilities with the appointment of Nicholas Sheets as a partner based in its Hong Kong office.
VC-backed Chinese AI companies hit by US blacklisting
Eight Chinese artificial intelligence (AI) start-ups have been blacklisted by the US government. Several have received PE and VC funding, including SenseTime and Megvii Technology.
No easy answers in Philippines’ sluggish VC market – AVCJ Forum
Industry participants at the AVCJ Philippines Forum were hard-pressed to explain a disappointing lag in local venture capital ecosystem development.
Fund focus: Hahn eyes more big buyouts
With $3.2 billion in dry powder, Hahn & Company is looking for larger deals in a Korean market that already punches above its weight in private equity terms
US tech regulation: Green card or red card?
Compliance with US regulations on foreign investment in critical technologies is forcing Chinese VC players to examine their fund structure and governance as well as their deployment strategies
Q&A: Natixis' Raghu Narain
Raghu Narain, head of investment banking for Asia Pacific at Natixis, discusses the macro backdrop for China’s M&A market and how shifting priorities will color deal flow to come
Singapore's Golden Equator strengthens VC team
Golden Equator Capital, which is currently deploying a Southeast Asia technology fund alongside Korea Investment Partners, has appointed Pooja Gurbani (pictured) as a partner in its venture investments team.
Cortina targets $100m for Australia cross-border fund
Cortina Capital, a private equity firm that invests in Australian health and wellness brands with export potential in China and other Asian markets, is looking to raise $100 million for its debut fund, AVCJ understands.
Family offices: The IT crowd
Asia's family offices have benefited by going big on growth capital and venture, leveraging technology trends in the region. However, not all family money is smart money
India's Everstone hires ex-Temasek executive
Everstone Group has appointed Vibhor Kumar Talreja, who previously spent 12 years with Temasek Holdings in India, as a managing director in its private equity business.
AVCJ daily bulletin returns October 8
There will be no AVCJ bulletin on October 7 due to a public holiday in Hong Kong marking the Chung Yeung Festival.
Japan's GPIF reappoints Hiro Mizuno as CIO
Hiro Mizuno (pictured) has been reappointed CIO of Japan’s Government Pension Investment Fund (GPIF) following the conclusion of his first term leading the world’s largest retirement savings pool at the end of September.
Q&A: Oaktree Capital's Raj Makam
Raj Makam, co-portfolio manager for Oaktree Capital’s middle-market finance group, discusses the dangers that may await investors in the overheating US direct lending space
Operational due diligence: Query parameters
Institutional investors are taking a closer look at the back-office operations of fund managers in what appears to be a new normal for GP-LP relations. Service providers are circling
