GPs
InnoVen names ex-GE executive as new CEO
Temasek Holdings-backed venture debt firm InnoVen Capital has named Ashish Sharma (pictured), former CEO and president of GE Capital India, the CEO of its India arm.
Japan secondary buyouts: Hand to hand
A series of recent lucrative exits by Japanese GPs have shown that secondary buyouts in the country can deliver
Philippines PE: Growth potential
Philippines-focused private equity funds are young and unproven. The investment theses need to play out – ideally resulting in more deal flow for larger GPs – for the industry to come of age
Japan's NSSK closes Fund II at $530m
Japanese private equity firm NSSK has closed its second fund oversubscribed with JPY60 billion ($531 million) in commitments.
Australia's PEP fails in legal action against Adamantem
A legal action by Australia’s Pacific Equity Partners (PEP) to force the founders of Adamantem Capital – who previously worked for PEP – to disclose marketing materials used in fundraising with a view to establishing whether they have breached obligations...
Due diligence: Go your own way
While GPs in Western markets increasingly rely on outside consultants for portfolio management services, Asian investors are skeptical about its usefulness. Will horror stories eventually elicit change?
Korea LPs: Credit junkies
Korean institutional investors favor private debt over other alternatives asset classes because of its long tenor and stable cash flows. Multi-credit strategies are likely to launch as more capital is allocated overseas
Drum Tower launches China VC fund
China-based Drum Tower Ventures has launched its first fund, with a view to raising $50 million for early-stage investments globally.
Succession planning: Ending an era
Succession planning is quickly becoming a strategic priority across Asia Pacific. In Australia, GPs are looking into a number of different ways to make it work
Madison India raises $230m fund
Madison India Capital has reached a final close of $230 million on its latest fund, Madison India Opportunities IV.
PE and AI: The machinists
After decades of tantalizing but patchy progress, artificial intelligence is finally seen as ready for mass commercialization. Investors must now weigh an unmissable opportunity with a world of uncertainty
Asus launches $50m cross-border VC fund
Taiwan-based hardware giant Asus has launched a $50 million VC fund aimed at helping US start-ups expand in Asia.
Kedaara closes second India fund at $750m
Kedaara Capital has closed its second India-focused fund at the hard cap of $750 million after approximately six months in the market.
Singapore's Insignia closes first fund at $25m
Insignia Ventures Partners, a Singapore-based VC firm founded by former Sequoia Capital India venture partner Yinglan Tan, has raised $25 million for its debut fund.
Fund focus: Welkin finishes institutional upgrade
The closing of Welkin Capital's second fund sees the GP pairing a formalized PE investment approach with the industry connections forged in its family office origins
GP-led secondaries: Stigmatized no more
Traditionally perceived as a recourse for private equity firms in trouble, GP-led secondary transactions are starting to be used by brand-name managers as a liquidity solution for LPs
Fund focus: OrbiMed scales up for Fund III
US-based healthcare specialist investor OrbiMed once again raises the bar with the closing of its oversubscribed third Asia fund
Profile: Quadria Capital's Abrar Mir
Following a happenstance job placement in healthcare investment, Abrar Mir developed a passion for the sector’s science and ethics. This underpinned the creation of Asia-focused Quadria Capital
Korea, Singapore launch cross-border healthcare incubator
Singapore investor Golden Equator Capital and Korean research organization C&R Healthcare Global have jointly launched an incubation program that will help Korean healthcare start-ups execute Asian expansions via Singapore.
Q&A: Bain Capital Credit's Barnaby Lyons
Barnaby Lyons, managing director and head of Asia at Bain Capital Credit, discusses the opportunities available in the region’s private credit space and the changing attitudes of investors toward the space
China outbound M&A: Within the rules
Changes to China's overseas M&A guidance could mean changes for investors in the country seeking to purchase foreign assets
GP-LP: Dangerous liaisons
A diverging supply-demand dynamic in private equity fundraising is threatening the GP-LP alignment of interest. Concessions on both sides are needed in the interests of long-term stability
Chinese investor commits $63m to Australia incubator
Suzhou High-Tech Venture Capital Group, a Chinese state-backed investment fund, has committed A$80 million ($63 million) to a start-up incubator based in Melbourne.
Korea securities firms: Brokerage bonanza
Korean securities firms are building PE teams with a view to raising capital from third-party investors. There is government support for these efforts, but independent GPs aren’t worried about increased competition