GPs
Renewable energy still faces challenges to viability in Asia
Renewable energy has a way to go before it represents a consistent source of investment opportunities in Asia despite a strong push in recent years, investors told the Infrastructure Investors Forum.
C-Bridge closes second China healthcare fund at $400m
C-Bridge, a Chinese private equity firm that concentrates on late-stage growth capital and buyout opportunities in the healthcare space, has closed its second fund at the hard cap of $400 million.
Angel investor launches in New Zealand
Richard Coon, a director and co-founder at private equity-backed New Zealand insurance provider Partners Life, has launched a new domestically facing venture group known as Angel Investors Marlborough (AIM).
KKR's Joe Bae elevated to senior leadership role
Joe Bae (pictured), who has spent the last 12 years building out KKR’s Asian operation, has been named co-president and co-COO of the firm as co-founders Henry Kravis and George Roberts prepare to hand over leadership to the next generation.
US investors wary of Asia spin-outs - AVCJ Forum
Keeping up with the pace of change in Asian private equity – particularly in terms of people moves – is one of the biggest challenges for institutional investors based outside of the region.
PE in Southeast Asia: Buyout blues
Private equity interest in Southeast Asia has yet to translate into a significant number of buyout deals. The region's sturdy economic fundamentals may prolong the stagnation
Frontier markets: Late to the boom
Cambodia, Laos and Myanmar are among the last frontier markets in Asia but well positioned to benefit from accelerating interest in the ASEAN region. Private equity success will require a nimble approach
Singapore accelerators: Searching for sustainability
The flood of new arrivals in Singapore’s accelerator space means there are often too many groups chasing relatively few high-quality start-ups. Diversification and specialization is the key to survival
Unigestion raises $291m for direct opportunities fund
Wealth management firm and PE fund-of-funds Unigestion has closed a direct opportunities fund at EUR255 million ($291 million).
General Atlantic names ex-HKMA executive as special advisor
General Atlantic has appointed Yong Hak Huh, founder and CEO of First Bridge Strategies and formerly CIO of private markets and direct investment at the Hong Kong Monetary Authority (HKMA), as a special advisor.
Helion co-founder launches India VC fund
Sanjeev Aggarwal (pictured), a co-founder of Indian VC firm Helion Venture Partners, has joined Infosys co-founder Nandan Nilekani to launch a new VC fund focused on technology start-ups.
Baird Capital raises $310m for global mid-market fund
Baird Capital, the private investment arm of Robert W. Baird & Co, has closed its latest global mid-market fund at $310 million.
Singapore's Gordian Capital spins out Beenext VC fund
Gordian Capital, a Singapore-based asset manager, has confirmed Beenext Capital Management as its second venture capital spin-out this week.
KVIC, US tech player launch Korea VC fund
Government-back fund-of-funds Korea Venture Investment Corporation (KVIC) and Applied Ventures, the VC arm of US-listed technology developer Applied Materials, have jointly launched a fund focused on Korea start-ups.
Singapore's Gordian Capital spins out Qualgro VC fund
The team behind Qualgro ASEAN, a venture capital fund established under Singapore asset manager Gordian Capital in 2015, has spun out to form an independent VC firm.
KKR hires Blackstone MD to lead Japan capital markets team
KKR has selected Go Yamashita, a former managing director with The Blackstone Group, to head the KKR Capital Markets (KCM) team in Japan.
CITIC Capital raises $1.57b for US dollar tranche of China fund
CITIC Capital Partners has closed the US dollar-denominated portion of its latest China fund at the hard cap of $1.57 billion after about one year in the market. The renminbi tranche is still being raised, with a target of RMB3 billion ($439 million)....
Fund focus: Intudo targets SE Asia's sea turtles
Intudo has raised $10 million for a venture capital fund that will bring fast-growing start-ups from Silicon Valley and China to Southeast Asia
Co-founders depart India VC debt provider InnoVen
Ajay Hattangdi (pictured), co-founder, group CEO and COO for India at venture debt firm InnoVen Capital, has left the firm along with co-founder and deputy CEO Vinod Murali. They plan to launch a fund of their own.
Tata targets $600m for second opportunities fund
Tata Capital is looking to raise $600 million for the second Tata Opportunities Fund, a private equity vehicle that invests in Tata group entities as well as other independent Indian businesses.
FountainVest hires ex-Goldman banker as MD
China-focused private equity firm FountainVest Partners has appointed Andrew Huang, formerly head of China M&A at Goldman Sachs, as a managing director.
Q&A: Unison Capital's Tatsuo Kawasaki
Tatsuo Kawasaki, co-founder and partner at Unison Capital, discusses why deal flow is growing in Japan’s middle market – not only in terms of volume, but also in seller type and sector scope
Sequoia India hires Deutsche Bank tech investor as MD
Sequoia Capital has hired Piyush Gupta, the former head of technology, media and telecom (TMT) investment banking at Deutsche Bank, as a managing director in its India unit.
India's Fireside reaches $28m first close on debut fund
Fireside Ventures, an Indian VC firm set up by Helion Venture Partners co-founder Kanwaljit Singh (pictured), has reached a first close of INR1.8 billion ($28 million) on its debut fund.