GPs
Australia IPOs: Best behavior
Public market investors in Australia have fallen out of love with private equity-backed IPOs. It's in the interests of both to get along, but they must find a way to rebuild trust
Advantage sells GP stake to Japanese strategic
Japanese mid-market private equity firm Advantage Partners has agreed to sell a minority stake in its fund management entity to domestic financial services company Tokyo Century Corporation.
No easy answers in Philippines' sluggish VC market – AVCJ Forum
Industry participants at the AVCJ Philippines Forum were hard-pressed to explain a disappointing lag in local venture capital ecosystem development.
Fund focus: Hahn eyes more big buyouts
With $3.2 billion in dry powder, Hahn & Company is looking for larger deals in a Korean market that already punches above its weight in private equity terms
US tech regulation: Green card or red card?
Compliance with US regulations on foreign investment in critical technologies is forcing Chinese VC players to examine their fund structure and governance as well as their deployment strategies
Singapore's Golden Equator strengthens VC team
Golden Equator Capital, which is currently deploying a Southeast Asia technology fund alongside Korea Investment Partners, has appointed Pooja Gurbani (pictured) as a partner in its venture investments team.
Cortina targets $100m for Australia cross-border fund
Cortina Capital, a private equity firm that invests in Australian health and wellness brands with export potential in China and other Asian markets, is looking to raise $100 million for its debut fund, AVCJ understands.
India's Everstone hires ex-Temasek executive
Everstone Group has appointed Vibhor Kumar Talreja, who previously spent 12 years with Temasek Holdings in India, as a managing director in its private equity business.
Q&A: Oaktree Capital's Raj Makam
Raj Makam, co-portfolio manager for Oaktree Capital’s middle-market finance group, discusses the dangers that may await investors in the overheating US direct lending space
KKR's impact business makes senior lateral hire in Asia
KKR has named Sharon Yang, who has worked on the firm’s private equity, growth equity and real estate strategies in Asia, as a senior investor in the region in its impact investment division.
Carlyle recruits Goldman Sachs banker as Korea head
The Carlyle Group has appointed John Kim (pictured), previously of Goldman Sachs, as a managing director in its Asia buyout team and head of all investment activity in Korea.
Korea's Hahn & Co raises $3.2b for Fund III, co-invest sidecar
Hahn & Company has closed its third Korea-focused buyout fund with $3.2 billion in commitments – the largest vehicle ever raised by an independent manager for investment solely in the country.
Mekong targets $250m for fifth Vietnam fund
Mekong Capital has launched its fifth private equity fund focused on the Vietnam middle market. A hard cap has been set at $250 million.
GP profile: Northstar Group
Northstar Group made its name through a series of consumer, financial services and commodities plays in a nascent Indonesian market. Technology is likely to define the firm’s next chapter
Q&A: Vulcan Capital's Tommy Teo
Tommy Teo, a former executive director at Northstar Group, is setting up the Asian headquarters for Vulcan Capital, a philanthropic but returns-focused firm created by the late Microsoft co-founder Paul Allen
Japan carve-out opportunity moves beyond conglomerates
Japan’s corporate carve-out opportunity set is expanding as smaller firms begin to follow the example of conglomerates, according to domestic mid-market GP Integral Corporation.
Core-plus investment: Expectations game
Capital-flooded markets and rising pressures to deploy have precipitated more flexible investment strategies in private equity. GPs must be careful when crossing between asset classes
Deal focus: LGT plugs Aspada into global impact platform
LGT Group aims to create new inroads for global investors looking to enter the impact space by acquiring Aspada, an Indian platform focused on digital inclusion and small business finance
Q&A: Pomona Capital's Michael Granoff
Michael Granoff, founder and CEO of Pomona Capital, discusses raising capital from Asian LPs, how GPs can be differentiated in a crowded secondaries market, and why he’s not keen on fund restructurings
Japan's Tokio Marine Capital spins out from parent
Japanese mid-market buyout firm Tokio Marine Capital is spinning out from its corporate parent to form an independent investment manager known as T Capital Partners.
India's Lightbox closes third VC fund at $209m
Lightbox Ventures has raised $209.3 million for its third India-focused fund, exceeding an initial target of $200 million.
KKR names Hirano, Shastry as co-heads of Asia PE
Hiro Hirano and Ashish Shastry, who lead KKR’s operations in Japan and Southeast Asia, respectively, have been appointed co-heads of private equity across the region.
China SOE investment: Uphill battles
Reform efforts in China’s state-owned enterprise space have experimented in mixed ownership with mixed results. Private equity investors see significant opportunity but must proceed with caution
Vertex raises $275m for China venture fund
Vertex China, a venture capital firm affiliated to Temasek Holdings-owned Vertex Holdings, has closed its fourth fund on target at $275 million.