Advisory
VSG to facilitate LP direct investment in India
VSG Capital Advisors, a new investment bank, has been established in India to advise on domestic and cross-border deals. The move comes at a time when pension funds and sovereign wealth funds are tipped to raise their direct investment allocations to...
NEA hires Carmen Chang as advisor
Venture capital firm New Enterprise Associates (NEA) has appointed Carmen Chang to the role of special senior advisor. Chang joins NEA from US law firm Wilson Sonsini Goodrich & Rosati (WSGR).
Norton Rose Australia PE head joins Sparke Helmore
Nick Humphrey, former head of private equity for Norton Rose Australia, has joined Sparke Helmore Lawyers as the legal firm’s national corporate practice group leader.
India Awards: Financial Advisor of the Year – Ernst & Young
Ranjan Biswas, national director for transaction advisory services for Ernst & Young India, looks at the role financial advisors can play in facilitating private equity transactions.
India Awards: Legal Advisor of the Year – Khaitan & Co
An effective legal advisor needs TO be on top of the latest regulatory developments. In India this is perhaps easier said than done. In the past six months, various regulators have move forwards then backwards on put and call options, taken PE firms to...
Pension funds still committed to pan-Asian, global funds
Institutional limited partners are becoming more nuanced in their appreciation of private equity opportunities in the region but this doesn’t necessarily signal a wholesale shift away from pan-Asian or global funds.
China forestry assets: A due diligence nightmare
Opaque regulation and uncertainty about ownership in China’s forestry industry represent a challenge to strong investor oversight.
China due diligence: Suspicious minds?
The quality of private equity firms’ China due diligence has been called into question over the last 12 months - growth capital players may have too little time and too much money.
Towers Watson hires professionals from Squadron, Navis
Professional services provider Towers Watson has appointed Richard Tan and Agnes Lee as senior private markets consultants in Hong Kong. As part of the company’s private markets research team, they will focus on helping private equity firms and other...
HSBC hires Glenn Kennedy to head regional alternatives sales
HSBC Securities Services has appointed Glenn Kennedy as regional head of sales and relationship management for the alternatives sector. Based in Hong Kong, he will be responsible for new and existing client relationships throughout Asia Pacific, with...
Former CalPERS manager sets up legacy asset consultancy
A former senior portfolio manager at CalPERS has launched a company focused on helping institutional investors maximize value from non-core and underperforming legacy alternative investments.
CIC, KIC chairmen named to high-profile RDIF advisory board
The chairman of China Investment Corp. (CIC), Lou Jiwei, has been named to the international advisory board of the Russia Direct Investment Fund (RDIF). Choi Chong Suk, chairman of Korea Investment Corp. (KIC), will also serve on the board alongside Bader...
Investors demand greater transparency from GPs - survey
Institutional investors are increasingly turning to private equity for returns, but they expect greater transparency from GPs. According to a survey report released by SEI in collaboration with Greenwich Associates, fund management need to demonstrate...
Russia's sovereign wealth fund seeks Chinese partners
Russia’s first sovereign wealth fund, the $10 billion Russian Direct Investment Fund (RDIF), which was set up in June, is seeking Chinese partners to co-invest in deals, Caixin reported.
SEC backs rule change requiring PE fund adviser registration
The US Securities and Exchange Commission (SEC) yesterday approved legislation mandating registration for private equity and hedge fund advisers. Under a measure that features in the Dodd-Frank Act, advisers will have to disclose information on their...
HSBC makes new debt appointments for Asia Pacific
HSBC has announced two new senior appointments in its Asia Pacific Debt Capital Markets (DCM) team, with the appointment of Mark Mallia as Head of Debt Syndicate, Asia-Pacific, while Sean Henderson, previous incumbent in the role, will move to Australia...
First AVCJ Indian Private Equity & Venture Capital Awards showcase performance, strength with Sequoia, ICICI, Chandwani wins
AVCJ’s first-ever annual Indian Private Equity & Venture Capital Awards saw distinguished wins for firms including Sequoia Capital, ICICI Venture and KPMG.
Douglas to move from Principle to ICG
Australian placement agent Principle Advisory Services has announced the resignation of Lachlan Douglas, previously Managing Director at the firm, who will be joining Infrastructure Capital Group (ICG) as a director.
Macquarie hires Hassen from Irving Place for oil and gas
Macquarie Group has announced the hire of Thomas Hassen, previously Vice Chairman of New York-headquartered mid-market private equity firm Irving Place Capital, as its Chairman of Global Oil and Gas Banking.
BNY Mellon appoints new GM and country head for Japan office
BNY Mellon, the New York-headquartered asset management and securities house, has appointed Thom Fisher as General Manager of the company's Tokyo Branch and Country Executive for Japan.
DLA Piper engages Xu for Shanghai private equity/M&A work
DLA Piper has appointed Kaichen Xu to its Shanghai office as Of Counsel in its Corporate Group, to support the law firm's Greater China practice in private equity, VC and M&A work.
Chinese M&A lawyer Chow joins Davis Polk
Global law firm Davis Polk has announced that leading PRC and Hong Kong M&A lawyer Paul Chow will join the firm as a partner in their Hong Kong office.
Bery, JPMorgan reach amicable conclusion
JPMorgan and Varun Bery have jointly announced that they have reached an amicable resolution to their recent dispute, which will result in the latter providing private equity consultancy services to JPMorgan.
Paul Calello, Credit Suisse Investment Bank Chairman, dies at 49
Paul Calello, Chairman of the Investment Bank of Credit Suisse and the former CEO of Credit Suisse in Asia Pacific, died in New York of non-Hodgkin’s Lymphoma on Tuesday, November 16th. He was 49.