Advisory
Bain & Co appoints new Asia PE practice co-head
Bain & Company has named Sebastien Lamy, who has been with the firm for over 20 years and most recently focused on Asia infrastructure investment, as co-head of its regional private equity practice.
Labour shortages: Tales from north and south
Australia and Japan are facing extreme labour shortages. In the former, GPs can survive on policy support and emergency manoeuvres. In the latter, fundamental strategy shifts are a more immediate imperative
Allen & Overy adds fund formation partner in Shanghai
Allen & Overy has strengthened its Asia Pacific funds and asset management group with the appointment of Daisy Qi as a partner based in Shanghai.
Campbell Lutyens recruits Suvir Varma as Asia chairman
Suvir Varma, formerly head of Bain & Company’s financial investor practice in Asia Pacific, has been appointed chairman for Asia Pacific at placement agent Campbell Lutyens.
Q&A: Morgan Stanley Investment Management’s Patrick Reid
Patrick Reid, a UK-based managing director for alternatives distribution management at Morgan Stanley Investment Management, plots the future of themes around secondaries, longer holds, and hybrid approaches to PE
LPs’ ESG checklists get ever more intricate – AVCJ Forum
LPs want more nuanced emissions measurement from their portfolio managers, the AVCJ ESG Forum heard.
GP selection: Discriminating customers
Sizeable LPs are hardening their criteria for fund commitments in reaction to a tougher investing environment. But going with fewer, deeper relationships is an uphill climb
Q&A: Mayer Brown's Soumitro Mukerji
Soumitro Mukerji, a partner in the banking and finance practice at Mayer Brown in Singapore, explores potential drivers of increased fund finance activity in Asian private equity
ICI signals growing climate agenda in Asia PE
Initative Climat International (ICI), a private equity community dedicated to stemming global warming, has launched an Asia Pacific chapter, signalling a growing regional commitment to climate issues.
Ex-EQT partner wins funding for Asia ESG services platform
Tak Wai Chung, who until early last year was a Singapore-based partner at EQT, has secured funding for a pan-Asian platform that will provide software solutions to corporates that need to meet environment, social, and governance (ESG) requirements.
Placement agents: Asian entries
Asia’s sparse placement agent scene is fleshing itself out despite macro headwinds, but the model is being revised to adapt to a changing market. This appears irreversible
Clifford Chance poaches Asia funds partner from Kirkland
Clifford Chance has bolstered its Asia private funds offering with the recruitment of Liyong Xing, formerly a partner at Kirkland & Ellis.
Emerging Asia start-ups: Governance revisited
Even a modest cooling off from tech investment euphoria experienced in the peak of the pandemic could reveal big cracks in Asian start-up markets. Diligence efforts are ramping up, but is it enough?
Asia PE firms must get smart, integrated on due diligence - Bain & Co
GPs must take a more comprehensive and integrated approach to due diligence in Asia if they are to find ways of driving operational improvement in companies and justify lofty entry valuations amid mounting economic uncertainty, according to Bain & Company.
Rede opens Hong Kong office, appoints Asia head
Placement agent and fundraising advisor Rede Partners has opened an office in Hong Kong and appointed Charles Wan, formerly of Atlantic Pacific Capital, as Asia head.
Blue Owl recruits Pak-Seng Lai from UBS
Blue Owl Capital, a US alternatives manager expanding its Hong Kong operations, has hired Pak-Seng Lai, a managing director at UBS, to head its Asia Pacific private wealth business.
US GP invests $30m in Australia's Protecht
US venture capital and private equity firm Arrowroot Capital has invested AUD 42m (USD 30m) in Australian enterprise risk management software and services provider Protecht Group.
Linklaters targets Singapore fund formation space
Linklaters has recruited Joel Seow, formerly a partner at Morgan Lewis, to launch a fund formation practice in Singapore.
Diversity & inclusion: Acting with intent
GPs are looking to build teams representing different genders, ethnicities, and backgrounds as stakeholders call for more diversity and studies suggest it leads to better decision making
2022 preview: ESG
Keeping tabs on sustainability credentials at the portfolio and company level will become more data-driven and collaborative. Eventually, getting results will require greater sacrifices
Blue Owl buys Asia-based placement agent
US alternative asset manager Blue Owl Capital has acquired Hong Kong placement agent Ascentium with a view to establishing a physical presence in the territory and pursuing a broader regional expansion.
Deal focus: Permira passes Tricor baton to Baring
Permira helped Tricor Group consolidate its position in Asian corporate services and upgrade its product offering. Under Baring Private Equity Asia’s ownership, the CEO wants to build a $10 billion company
Going green is delicate, incentives-driven work – AVCJ Forum
The integration of sustainable practices into private equity firms and portfolio companies is a "diplomatic process," investors told the AVCJ ESG Forum.
Hong Kong IPOs: Winner by default
New York’s loss is expected to be Hong Kong’s gain as regulatory and political turbulence drives Chinese start-ups to look for alternative listing destinations – unless valuations become a sticking point
