GPs
Governance standards: A matter of integrity
Traditionally the overlooked, underappreciated or misrepresented facet of ESG, governance is gaining prominence in emerging markets private equity as investors reassess risk exposure
China online education: Passing the test?
Capital has poured into China’s online education sector in recent years, but with losses mounting and valuations called into question, investors are finding that not all business models are created equal
Everstone hires former Wipro co-head for IT investments
India’s Everstone Group has hired Suresh Vaswani (pictured), a former executive at Wipro, Dell, and IBM, as a senior director focused on investments in information technology (IT).
EMR launches third fund with $1.3b target
Australian resources-focused private equity firm EMR Capital has launched its third fund with a target of $1.3 billion.
Vietnam PE: Proving ground
Global investors are demonstrating a more consistent sense of confidence in Vietnam as record levels of IPO and private equity activity suggest the country has largely dispelled a reputation for volatility
Impact investment faces tricky path to standardization
Impact investing has reached a “fundamental inflection point” in terms of the availability of investment opportunities and interest from LPs, but the institutionalization process is not straightforward.
Vertex raises $230m for India, Southeast Asia fund
Vertex Venture Holdings (VVH), the VC arm of Singapore’s Temasek Holdings, has reached the initial $230 million target for its fourth Southeast Asia and India fund in a single closing.
Carlyle's Rubenstein champions emerging markets
The bloom has faded from the rose in emerging markets in recent years, which means it is an opportune time to invest in these geographies, according to David Rubenstein (pictured), co-founder and co-executive chairman of The Carlyle Group.
L Catterton's Asia team to spin-out, raise growth fund
The bulk of the L Capital Asia team that merged with Catterton in 2016 to form L Catterton, a global consumer-focused private equity firm, is spinning out to raise a $750 million Asia growth fund.
InnoVen raises $200m from Temasek, UOB
InnoVen Capital, a venture debt firm active in India, China, and Southeast Asia, has raised $200 million from its primary shareholders Temasek Holdings and United Overseas Bank (UOB).
TR targets $300m for fourth fund
Hong Kong-based secondaries specialist TR Capital is seeking to raise $300 million for its fourth private equity fund.
Q&A: MassMutual Ventures' Ryan Collins
Ryan Collins, a managing director with MassMutual Ventures, discusses being a financial rather than a strategic investor, the rise of VC in Southeast Asia, and giving entrepreneurs straight answers
Vietnam banking: Where credit is due
Vietnam’s economic future is tied to an attractive but immature and constrained banking sector. Investors are prodding the edges of a precarious opportunity set
Asia's middle market: Lost in space
Growing fund sizes in certain Asian markets are redefining what constitutes a middle-market GP. Are these managers evolving alongside the opportunity set or careering dangerously outside of their sweet spot?
VIG hits $530m first close on fourth Korean fund
VIG Partners has reached a first close of $530 million on its fourth Korea-focused fund, with international investors accounting for more than 60% of commitments received so far.
Lighthouse closes third India fund at $230m
Lighthouse Funds has closed its third India-focused middle-market growth capital vehicle at $230 million.
TA closes global growth fund at $8.5b hard cap
Global growth equity investor TA Associates has reached a first and final close on its latest fund – TA XIII – at the hard cap of $8.5 billion.
Kyobo Life: The mother of all puts
Put options amount to threats seldom acted upon. By demanding that the chairman of Korea’s third-largest life insurer buy back their shares, a group of investors has taken Asian PE into uncharted territory
CDIB Capital appoints Asia healthcare head
CDIB Capital has named Robert Liu as a managing director and co-head of its regional healthcare practice group in Shanghai.
Proventeus targets $150m for Southeast Asia fund
Proventeus Capital, a private equity firm established by a team that spun out from the Malaysia branch of Kuwait Finance House, is looking to raise $150 million for a Southeast Asia mid-market buyout fund.
Investcorp: Into Asia
Investcorp entered the region last year through a fund commitment in China and the acquisition of an alternative investment platform in India. The firm’s top executives explain the rationale
Eight Roads appoints Southeast Asia head
Eight Roads Ventures, the proprietary investment arm of Fidelity International, has named Dave Ng as its head of Southeast Asia based in Singapore.
Tikehau Capital opens Tokyo office
Tikehau Capital, a France-based asset manager with EUR2.8 billion ($3.1 billion) in private equity assets under management, is expanding its Asia footprint with an office in Tokyo.
C-Bridge closes third healthcare fund at $850m
C-Bridge Capital has closed its third healthcare fund - which covers Asia but is most active in China - at $850 million, after increasing the hard cap. It is the largest dedicated healthcare vehicle raised for deployment in Asia by an independent private...