GPs
Q&A: Adamantem Capital's Anthony Kerwick
Anthony Kerwick, a managing director at Australia’s Adamantem Capital, on the coronavirus impact, helping capital constrained companies, and why he avoids using the term ‘proprietary’
Hong Kong to introduce carried interest concessions
Hong Kong Financial Secretary Paul Chan (pictured) has promised to have a tax regime for the treatment of carried interest in place within a year, though he stopped short of specifying how big any concessions might be.
Australia PE spinouts: Into the unknown
Australia has seen plenty of spinouts in recent years, with outcomes ranging from a $2 billion first-time fund to deal-by-deal strategies. Is local LP support essential in getting wider traction?
GP profile: DSG Consumer Partners
A relentless curiosity about the Indian consumer’s journey has helped DSG Consumer Partners carve out a niche in the early stage investment space for companies with emerging local brands
India’s Blume closes Fund III at $102m
Indian venture capital investor Blume ventures achieved a final close of $102m on Blume Ventures Fund III, its third early-stage fund.
Tata Opportunities Fund team targets spin-out
The Tata Opportunities Fund (TOF) team is poised to spin-out after Tata Capital – a wholly-owned unit of India’s Tata Group – decided it did not want to continue sponsoring the franchise for a second fund.
VC and age: No industry for old men
The trendy, shape-shifting world of venture capital is broadly seen as a young person’s game, although hard evidence to this effect remains in scarce supply
EQT opens Australia office
EQT Partners has opened an Australia and New Zealand-focused office in Sydney as part of a broader Asia Pacific expansion agenda.
1955 Capital wins case against Chinese anchor LP
Cross-border technology investor 1955 Capital has emerged victorious in a legal battle with its Chinese anchor LP after a US court upheld an earlier arbitration ruling that the LP had no grounds for withdrawing from the fund.
India AIFs: A new phase
Locally domiciled Alternative Investment Funds have emerged as the structure of choice for India-focused private equity firms, but the system is still troubled by some imperfections
Portfolio level HR: Human traffic
Private equity firms in Asia are paying more attention to recruitment at the portfolio level, in some cases allocating dedicated in-house resources. How is it impacting attitudes towards leadership change?
Northstar's Bert Kwan launches PE business with BDA
Bert Kwan (pictured) has left his role as a managing director with Southeast Asia-focused Northstar Group to launch an investment platform with M&A advisory firm BDA Partners that will initially concentrate on Vietnam.
Caldera signs up French anchor LP for Southeast Asia fund
Caldera Pacific, a consumer-focused Southeast Asian private equity firm, has secured $250 million in commitments for its debut fund, with France-based investor Argenthal coming in as an anchor LP.
East Ventures appoints Indonesian politician as advisor
Indonesia’s East Ventures has appointed Triawan Munaf (pictured left), a former member of President Joko Widodo’s cabinet, as a venture advisor.
AVCJ Awards 2019: Fundraising of the Year - Mid Cap: ChrysCapital Partners
ChrysCapital Partners completed a quickfire fundraise with the support of a handful of big-ticket LPs. The India-focused firm is now eyeing up bigger-ticket deals
ADB launches venture arm
The Asian Development Bank (ADB) has launched a VC arm focused on climate change-related technologies and women’s empowerment in the region.
Blackstone to launch second Asia fund in 2020
The Blackstone Group expects to return to market in 2020 with its second dedicated Asia private equity fund, less than two years after closing the debut vehicle.
MBK wins US pension support for Asia fund
MBK Partners has picked up commitments from New York State Common Retirement Fund (NYSCRF), New York State Teachers’ Retirement System (NYSTRS), and Los Angeles County Employees Retirement Association (LACERA) for its fifth North Asia fund.
AVCJ Awards 2019: Firm of the Year - Mid Cap: Centurium Capital
China-focused Centurium Capital has enjoyed a productive 12 months, closing its debut US dollar fund, deploying most of the capital, and securing an early liquidity event
AVCJ Awards 2019: Fundraising of the Year - Venture Capital: A91 Partners
A91 Partners’ spinout from Sequoia Capital showcases the deepening networks of the Indian VC space and hints that more ecosystem growth is yet to come
Profile: Joy Capital's Erhai Liu
First at Legend Capital and now at Joy Capital, Erhai Liu has demonstrated a knack for spotting emerging technology trends in China and helping founders navigate the challenges of entrepreneurialism
Vietnam's Mekong appoints new partner
Vietnam-based Mekong Capital has named Nguyen Thi Minh Giang (pictured, third right) as a partner with responsibility for talent and culture. It brings the number of partners at the firm to four.
Ares takes controlling stake in Asia's SSG
Ares Management has agreed to buy a controlling stake in SSG Capital, an Asia-focused credit and special situations fund manager with approximately $6.2 billion in assets under management, including $3.9 billion in dry powder.
Baring Asia closes Fund VII at $6.5b
Baring Private Equity Asia has closed its seventh fund with commitments of $6.5 billion. It is the fourth-largest pan-Asian private equity vehicle ever raised.
