Advisory
Keeping LPs happy
The due diligence process has always played an important role for LPs when choosing funds to back.
Triple A Partners allies with Japan's OGI Capital
Hong Kong-based investment firm Triple A Partners and OGI Capital Partners (OGICP), a Japanese discretionary investment manager, have announced a partnership to increase services to Japanese institutional investors who want to strengthen their global...
JPMorgan moves Chatterji to India
JPMorgan has transferred Rohit Chatterji, hitherto head of Asia debt capital markets, to India, where he will be Vice Chairman and Head of Investment Banking for the Subcontinent.
Citi hires Ahmad for SWFs
Citi has announced the hire of Zubaid Ahmad for the newly-created role of Vice Chairman of its Institutional Clients Group, with a brief to lead Citi's global coverage of sovereign wealth funds.
Ex CalPERS Buenrostro, Villalobos sued for fraud
Former California Public Employees' Retirement System (CalPERS) CEO Federico Buenrostro Jr. and former CalPERS board member Alfred Villalobos have been sued by California State Attorney General Edmund Brown on fraud charges, including alleged attempted...
Clifford Chance makes new Asia appointments
Law firm Clifford Chance has boosted its global operation by appointing 18 new partners, four of them in Asia, including Cameron Hassall, an international arbitration/litigation specialist; Ho Han Ming, who will cover investment management; and Tim Wang,...
CP Eaton launches new RMB platform
International interest in China’s RMB fund space was cast into the spotlight when global placement agent CP Eaton Partners announced the launch of its new dedicated RMB fundraising effort for all its current and future GP clients, as well as the engagement...
Fadely moves to Weil Gotshal
John Fadely, formerly a corporate partner in the funds group of Clifford Chance in Hong Kong, has now joined Weil, Gotshal & Manges, as a partner and member of its global funds practice.
Schroders sells fund admin unit to JPMorgan
Schroders has agreed to sell its global private equity administration services business to JPMorgan for an undisclosed sum.
CP Eaton annouces RMB fundraising, recruits Gu
Placement agent CP Eaton Partners has announced the launch of a dedicated RMB fundraising effort for all current and future GP clients, engaging Eric Gu as VP to head the platform from its Shanghai office.
OZ ACT Treasury hires Towers Watson
The Australian Capital Territory Department of Treasury (ACT) has retained advisory and consulting firm Towers Watson to advise it on investing its A$3.5 billion ($3.24 billion) asset pool into private equity and other asset classes.
Citi hires Paton for Oz
Citi has announced the appointment of Brett Paton, formerly Chairman for Capital Markets at UBS, as a Vice Chairman for its Institutional Clients Group in Australia and New Zealand.
Hoo moves from Hastings to Orrick
Respected private equity lawyer Maurice Hoo is moving from Paul, Hastings, Janofsky & Walker to Orrick, Herrington & Sutcliffe, to co-head Orrick's global private equity practice.
Telstra recruits Talevski from JANA
Australia's largest corporate superannuation fund, Telstra Super, has recruited Robert Talevski, hitherto a senior private equity specialist with its asset consultant, JANA Investment Advisers, to help manage its private equity program.
Orchard moves to KPMG from 3i
Dominic Orchard, formerly a Director with 3i Group in Asia Pacific, has now moved to KPMG in Hong Kong, where he takes on a Director role.
Citi appoints Banfield head of Asian M&A
Citigroup has appointed Colin Banfield, a current joint head of investment banking Asia ex-Japan for Nomura, as a managing director and head of M&A for Citi in Asia Pacific and as joint head of Citi’s Global Cross-border M&A business.
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...
Macquarie appoints Leong to cover Singapore
Macquarie Group has appointed Leong Yung Chee to its Head of Singapore Client Coverage position at Macquarie Capital Advisers, reporting to Kalpana Desai, Deputy Head of Asia for the division
Advent's Nayak for Morgan Stanley India head
Morgan Stanley has announced the appointment of PJ Nayak, currently an operating partner in India for Advent International Private Equity, and former head of Axis Bank until 2009, as its new India CEO and country head.
Hopu as advisor in CNOOC Bridas deal
Leading private equity and multi-strategy investor Hopu Investment Management has reportedly been retained in its first advisory mandate: supporting Bridas Energy Holdings of Argentina in a $3.1 billion JV with China's China National Offshore Oil Corp....
Merrill's Boston joins CP Eaton to lead private equity
Loren Boston, formerly Managing Director and Global Head of Origination for Merrill Lynch’s Private Equity Funds Group, comments to AVCJ following the news that he has joined leading placement agent CP Eaton Partners as an MD and member of the management...
Evercore buys Neuberger placement group
US boutique investment bank Evercore Partners has announced the acquisition for an undisclosed sum of the Private Funds Placement Group of $173 billion asset manager Neuberger Berman, formerly the asset management arm of Lehman Brothers.
Augentius opens Mauritius office for India
Fund management specialist Augentius has been authorized by regulators to open an office in Mauritius to serve Mauritian-domiciled private equity funds.
LP terms of endearment
LP views differ re the value of private equity to their portfolios; but all agree they want – and expect to get – better terms in their relationships with GPs going forward.