GPs
VC unit of Japan's KLab spins out, rebrands as Anobaka
KVP, the VC unit of Japanese mobile games company KLab, has spun out as an independent entity under the name Anobaka.
Profile: Aavishkaar's Vineet Rai
Vineet Rai’s career in impact investing started before the concept really existed. Spurred – but also slightly troubled – by mainstream awareness, he has big plans for India-based Aavishkaar Group
Fund focus: Equis' infrastructure overhaul
Swapping a traditional fund for a less familiar corporate vehicle represented a gamble for Equis, but the Asian infrastructure manager was confident its approach would make sense to a subset of investors
500 Startups launches Cambodia division
500 Startups has launched a Cambodian unit in partnership with Khmer Enterprise, a start-up ecosystem support arm of the local government’s Entrepreneurship Development Fund.
Aggression pays off in times of crisis - AVCJ Forum
Going on the offensive is the best response to COVID-19 - taking advantage of market uncertainty to make new investments and help portfolio companies complete bolt-on acquisitions - the AVCJ Forum heard.
COVID-19 credit strategies must be flexible – AVCJ Forum
COVID-19 has emphasized the need for patience and mandate flexibility in private credit, industry participants told the AVCJ Forum.
Warburg Pincus, Advantage honored at AVCJ Awards
Warburg Pincus and Advantage Partners triumphed in the firm of the year categories at the 2020 AVCJ Private Equity & Venture Capital Awards, with The Carlyle Group and Affinity Equity Partners also among the winners with two trophies apiece.
PE firms look to move fund management companies onshore - AVCJ Forum
Private equity investors are willing to reconsider their options regarding the location of their fund management companies even as they remain wedded to the Cayman Islands as a domicile for funds, the AVCJ Forum heard.
GP longevity requires careful recruiting – AVCJ Forum
Culture, patience, personality, and complementary skills are key team-building considerations for private equity firms seeking longevity and sustainability, investors told the AVCJ Forum.
ESG reporting pressures pile on GPs, LPs – AVCJ Forum
Rising compliance standards and COVID-19 have heightened the need for detailed reporting on environmental, social and governance (ESG) issues, LPs told the AVCJ ESG Forum.
Virtual AGMs & IR: Close encounters
The technology is available to facilitate informal discussions at virtual AGMs, but do these solutions present an acceptable substitute for physical interaction, and do GPs and LPs want to use them?
COVID-19 amplifies focus on societal issues - AVCJ Forum
Concerns that impact investment would get pushed to the margins in the chaos of COVID-19 have been confounded by a renewed emphasis on social issues created by the pandemic, according to industry participants.
Virtual AGMs & IR: Up in the air
Private equity firms are still finding their feet with annual meetings that no longer take place on the ground. Like it or not, virtual engagement is set to become a larger part of investor relations from now on
Manulife backs spinout from Hong Kong's JIDA
Manulife Investment Management is supporting the spinout of the team at Hong Kong infrastructure investor JIDA Capital, acquiring a significant minority stake in the new GP.
Q&A: The Carlyle Group's Kewsong Lee
Kewsong Lee, CEO of The Carlyle Group, discusses the firm’s response to COVID-19, finding alpha in a low growth world, not allowing size to inhibit speed of action, and embracing work-from-home
Hony closes debut China VC fund at $130m
Chinese private equity firm Hony Capital has closed its first venture capital fund at $130 million after approximately four months in the market.
Q&A: Investcorp's Duncan Zheng
Duncan Zheng, head of China private equity at Investcorp, observes that COVID-19 dislocation has created some timely inroads as the firm’s broader expansion agenda ramps up
Atul Phull rejoins Everstone in business development role
Atul Phull, who left Everstone Group in 2018 after a seven-year stint spent primarily on fundraising activities, has rejoined the India and Southeast Asia-focused private equity firm.
Eight Roads adds healthcare partner in China
Eight Roads Ventures has recruited Xin Liu, formerly of Greater Pacific Capital, as a partner in its China team.
Ex-CEO of India's HDFC Bank takes advisory role at Carlyle
Aditya Puri, previously CEO of HDFC Bank, India’s largest private sector lender, has joined The Carlyle Group as a senior advisor in Asia.
KKR launches India renewable energy platform
KKR has launched a renewable energy platform in India called Virescent Infrastructure, which will build out a portfolio primarily comprising investments made by KKR’s existing infrastructure business.
Hong Kong's MindWorks seeks $150m for Fund IV
Hong Kong-headquartered VC firm MindWorks Capital expects to launch its fourth fund in the first half of next year with a target of $150 million.
Japan fundraising: Middle-market machine
Buoyed by strong macro fundamentals and robust returns, Japan’s buyout managers continue to attract capital while most other strategies across Asia struggle. Will this popularity be sustained?
India's Taxmantra launches Singapore VC unit, $100m fund
Indian tax and legal services firm Taxmantra Global has launched a Singapore-based VC unit called ProfitBoard Ventures and established a debut fund with $100 million in commitments.