Private equity investors in emerging markets are expanding the scope of their manager due diligence, driven by the weaknesses exposed in the demise of Abraaj Group as well as by increasing emphasis on environment, social, and governance (ESG) protocols.
Bain & Company has named new managing partners for its businesses in Southeast Asia and Australia. The appointments come a month after the consulting firm announced a new Asia Pacific head.
China’s new foreign investment law appears to make life easier for overseas investors in some areas, but uncertainty remains in others. Industry participants are waiting for more details to emerge in 2020
Blackpeak, an Asia-based investigative research firm that counts a number of PE players among its clients, has been acquired by Acuris, the parent company of AVCJ.
Bain & Company has appointed Satish Shankar as regional managing partner for Asia Pacific, replacing Dale Cottrell, who has held the position for the past six years.
Hong Kong will consider altering its tax regime to encourage private equity firms to operate in the territory as well as offering more choice on fund structure through the introduction of a new limited partnership regime.
An increase in GP-led transactions propelled Asia secondary market volume to $7.8 billion last year, and more of the same is expected in 2019 – once managers have adjusted their mark-to-market valuations following fourth-quarter volatility in the public...
Hong Kong is introducing various initiatives intended to encourage private equity firms to bring more of their operations onshore. A failure to act may see Singapore emerge as Asia’s jurisdiction of choice
StepStone Group, a provider of private markets advisory and asset management services to institutional investors, has promoted Beijing-based Vincent Hsu to partner.
The expansion of private equity activity in developing markets is translating into greater due diligence pressure on LPs seeking reliable fund managers. Solutions are intuitive but difficult
Placement agent Campbell Lutyens has appointed Suvir Varma, until recently head of Bain & Company’s financial investor practice in Asia Pacific, to its global advisory board.
Industry participants have praised steps taken by the Hong Kong government to make it easier for private equity firms to operate locally, while cautioning that challenges remain regarding the regulation of managers in the territory.
The asset management business of Natixis has launched a global private equity firm by merging three existing PE affiliates, including Singaporean fund-of-funds Eagle Asia Partners.
Private equity and real estate fund administrator Augentius has been acquired by SGG Group, an investor services provider to alternative asset managers, corporations, and high net worth families.
Hong Kong plans to amend the tax exemption for private equity funds, which was introduced in 2015 with a view to making it easier for GPs to operate locally but has been criticized by industry participants as unworkable.
Difficulties connecting private equity investors with small to medium-sized enterprises in traditional industries remain a key barrier to growth in Southeast Asia. Novel approaches will be necessary
PE and VC investors in Asia are becoming more sophisticated in their approach to due diligence, with digital tools an increasingly important part of the skill set, the AVCJ Forum heard.
Continued uptake of meaningful environmental, social, and governance (ESG) policies in private equity will depend on fostering deeper dialogue on the subject between GPs and LPs, according to industry participants at the AVCJ ESG Forum.
Budding interest in operational value-add marks a new level of maturity in Asian private equity. Trial-and-error experimentation has progressed slower than the macro motivators
Many Chinese A-share companies have wholeheartedly pursued outbound acquisitions, sometimes bringing in local PE funds for support. But integrating the target into the listed vehicle can be problematic
PE firms can obtain financing for leveraged buyouts in Asia on increasingly favorable terms, but this doesn’t necessarily point to institutionalization – or at least, not yet. For now, banks still lead the way
Japan’s Pension Fund Association for Local Government Officials (Chikyoren) has awarded a domestic private equity mandate to Alternative Investment Capital (AIC).
Launched in 2013 and backed by a string of placement agents, iCapital Network leverages technology to give high net worth investors access to alternatives. CEO Lawrence Calcano discusses the democratization of capital raising
The growing influence of technology across every industry is forcing PE firms to review approaches to investment. Ensuring the right people have the right information sits at the heart of these efforts