GPs
Warburg Pincus raises $4.25b for China, Southeast Asia fund
Warburg Pincus has closed its latest China companion fund – which officially includes Southeast Asia for this vintage – at the hard cap of $4.25 billion.
Australia's Archer targets $208m for sixth fund
Australian GP Archer Capital has revived its plans to raise a sixth fund and set a target of A$300 million ($208 million), more than a year after halting the process amid the planned departure of Peter Wiggs, the firm’s founding partner and CEO.
China GPs: The Centurium strategy
After more than a decade with Warburg Pincus in China, David Li struck out on his own with Centurium Capital. Applying technology to traditional business models is central to his investment thesis
The 20-year review
AVCJ's Japan Forum has been going for two decades, a period during which the industry has embarked on several roller-coaster journeys. For now, though, the market appears to be in good health
Japan secondary buyouts: Between friends
Negative perceptions and local sensitivities have stymied the development of secondary buyouts in Japan. International GPs – plus some of their domestic peers – have the firepower to drive change
China GPs join Singapore's Novena for $150m healthcare fund
China-based GPs Sinopharm Capital and Cedarlake Capital have announced a $20 million investment in Singapore-based healthcare platform Novena Global Lifecare, along with a strategic partnership for a $150 million fund that will support Southeast Asian...
Global GPs and Japanese LPs: Stirring the pot
As Japanese institutional investors seek to initiate or change up their private equity programs, GPs looking to build long-term relationships in the country must find the right way to engage
Q&A: Ripplewood's Tim Collins
A Ripplewood Holdings-led consortium broke new ground for private equity with the turnaround of Long-Term Credit Bank of Japan. CEO Tim Collins explains why he boldly goes where others fear to tread
Japan PE fundraising: Upsizing
Japanese private equity firms are looking to raise larger funds, based on what is described as a blossoming investment opportunity. Do they risk biting off more than they can chew?
Fidelity plans Eight Roads demerger
Fidelity International has announced plans to spin-out its proprietary investment arm Eight Roads within the year pending regulatory and shareholder approvals.
Fund focus: Nexus Point secures $475m for China buyouts
Nexus Point Capital has raised $475 million for middle-market buyouts in Greater China. The team, led by ex-MBK Partners executive K.C. Kung, favors complex solutions over plain vanilla deals
Whale watching: Mid-cap GPs engage large-cap LPs
Recent appointments by two Asian GPs - Everstone Group and Legend Capital - offer insights into how smaller managers are trying to forge meaningful relationships with large institutional investors
Advent raises $17.5b for ninth global fund
Advent International has closed its latest global fund at the hard cap of $17.5 billion, completing its largest-ever fundraising exercise in the space of six months.
Joy Capital sets $350m target for third China VC fund
Joy Capital is seeking $350 million for its third China-focused venture capital fund, which would take the four-year-old firm’s assets under management past the $1 billion mark.
GP profile: Chiratae Ventures
Patient, culture-oriented Chiratae Ventures has grown and diversified in step with India’s gradually blossoming VC market. Its latest expansions suggest this trajectory is set to accelerate
Australia's PEP surpasses $1.4b in Fund VI first close
Pacific Equity Partners (PEP) has reached a first close of just over A$2 billion ($1.4 billion) on its sixth Australia and New Zealand-focused buyout fund, with the hard cap set at A$2.5 billion.
In scope: Asian fund managers and Cayman
Asian private equity firms may start moving their fund management entities away from the Cayman Islands due to new economic substance requirements. Is Hong Kong ready to accept them?
Southeast Asia venture debt: Getting acquainted
A host of early movers in Southeast Asian venture debt are attempting to fill one of the last big gaps in the region’s start-up infrastructure. The outlook is promising, but adoption rates remain a concern
KKR hands advisory role to former Australian prime minister
Malcolm Turnbull, whose three-year tenure as prime minister of Australia ended in August of last year, has joined KKR as a global senior advisor.
China GPs target tech angles in consumer plays
All China consumer deals are now technology deals, but investors must back up this positioning with meaningful value-add capabilities in areas such as digital marketing and data analytics or risk being accused of embellishing a technology thesis for the...
Warburg Pincus seeks $4.25b for China, SE Asia fund - update
Warburg Pincus is targeting $4.25 billion for its second China companion fund, having officially added Southeast Asia to the mandate. The previous companion fund closed at $2 billion in late 2016 after three months in the market.
China start-ups: Overtime
China’s start-up ecosystem is conforming to global norms by championing demanding work schedules, but companies must still consider ways to keep their employees suitably motivated
Food tech: Irresistible recipes
Food technology is a virtually endless horizon of profound and unignorable investment imperatives mistaken as a niche category. Alternative protein is the first opportunity set to gain serious traction
Genesis starts Southeast Asia venture debt business
Sassoon Investment Corporation, the family office of the Sassoon family, and Indonesian bank CIMB Niaga have launched Genesis Alternative Ventures, a venture debt provider targeting start-ups in Southeast Asia.