Fundraising
Q&A: Ocean Link's Tony Jiang
Tony Jiang spent a decade at The Carlyle Group before co-founding Ocean Link, China’s first travel and tourism-focused PE firm. He shares his thoughts on the rise sector specialization
LPs open-minded on multi-product managers - AVCJ Forum
The perception that private equity firms introducing additional strategies will boost their fee income but at the expense of overall returns is unfounded, provided expansion is conducted thoughtfully and alignment of interest is maintained.
Alteria reaches first close on India venture debt fund
Alteria Capital, an Indian venture debt firm established by InnoVen Capital co-founders Vinod Murali and Ajay Hattangdi, has reached a first close of INR3.6 billion ($54.6 million) for its debut fund.
Sea's Nick Nash to step down, launch VC firm
Nick Nash (pictured), group president of Singapore-headquartered mobile internet and gaming platform Sea, will step down at the end of 2018 to launch his own regional VC firm.
Japan's GPIF awards another infrastructure mandate
Pantheon Group has won an infrastructure mandate from Japan’s Government Pension Investment Fund (GPIF), the second made by the pension fund to a global fund-of-funds.
Corporate VC funds foreshadow auto sector M&A wave
A raft of specialist fundraising activity by technology and automotive corporates suggests start-ups in nascent areas of the mobility industry could benefit from a near-term uptick in M&A activity.
Japan mid-market: Realignment issues
Competition is intensifying in certain segments of Japan’s middle market, driving up valuations. Private equity firms must consider how they position themselves to maximize deal flow
New Zealand's Maori to gain prominence in private equity
New Zealand’s indigenous Maori tribes, also known as iwi groups, are set to accelerate their growing exposure to local private equity in the form of LP contributions, according to industry participants.
AIIB set to support Indian sovereign wealth fund
The Asian Infrastructure Investment Bank (AIIB), a Beijing-based multilateral development bank aimed at supporting infrastructure projects in the region, plans to invest up to $200 million in the Indian government-backed National Infrastructure and Investment...
Anthem seeks up to $50m for Myanmar fund
Anthem Asia has launched a Myanmar-focused private equity fund with a view to raising up to $50 million for investment in small to medium-sized enterprises (SMEs).
Asia takes emerging markets fundraising to post-crisis high - EMPEA
Emerging markets private capital fundraising – led by emerging Asia – reached its highest point since the before the global financial crisis in 2017, according to EMPEA, with capital dispersed more evenly across different strategies than ever before....
CFCG launches $200m education sector fund
Hong Kong-listed education sector investor China First Capital Group (CFCG) has launched a $200 million fund that will establish and acquire preschools in China.
Former Bain executives target $500m Japan fund
Two former principals with Bain Capital Private Equity in Japan have established their own country-focused firm – Nippon Investment Corporation (NIC) – and are seeking to raise a $500 million fund.
Gobi's Victor Chua leaves to launch SE Asia VC firm
Victor Chua has left a position as vice president focusing on Southeast Asia at Gobi Partners to launch his own Malaysia-based VC firm, Vynn Capital.
Australia's IFM: The customized approach
IFM Investors has moved from fund-of-funds through co-investment to a direct approach designed to meet its superannuation fund clients’ concerns about access, cost, and transparency. Is it working?
NDE reaches $357m close on Fund II, raises hard cap
Chinese private equity firm NDE Capital has confirmed a third close for its second fund with $357 million in commitments, surpassing a $350 million hard cap. It has raised the targeted corpus to $450 million.
Australia's PEP launches secure assets fund
Pacific Equity Partners (PEP) has launched an Australia and New Zealand-focused secure assets fund intended to invest in companies that generate annuity income but also offer opportunities for traditional private equity-style operational improvement....
Omnivore India agri fund reaches $46m first close
Omnivore Partners has reached a first close of $46 million on its second fund targeting agriculture investments in India.
India's Faering targets $200m for third fund
Indian GP Faering Capital is seeking $200 million for its third growth capital fund, with a hard cap of $250 million.
GLP, China Life establish $1.6b China logistics fund
GLP, a Singapore-headquartered warehouse operator formerly known as Global Logistic Properties that was acquired by a PE consortium last year, has established a RMB10 billion ($1.6 billion) China fund with China Life Insurance as the sole LP.
Intudo doubles debut Indonesia fund
Indonesian early-stage VC investor Intudo Ventures has raised $20 million for its debut fund - having closed the vehicle last year at $10 million but subsequently reopened it due to increased investor interest.
Sovereign wealth funds: Size matters
GIC Private is an example of a sovereign wealth fund that has developed wide-ranging private equity capabilities. More of its peers have been boosting exposure to alternatives, highlighting the prospect of increased direct investment, but establishing...
Advantech, Redview target $1.5b for China deals
Advantech Capital and Redview Capital – parallel entities formed following the restructuring of Chinese GP New Horizon Capital – are seeking a combined $1.5 billion for their latest funds.
Sinovation seeks $500m for China fund
Chinese early-stage venture capital firm Sinovation Ventures is looking to raise $500 million for its fourth US dollar-denominated fund.