GPs
Q&A: CDH Investments' Shangzhi Wu
Shangzhi Wu, chairman of CDH Investments, discusses China’s slowing economy, the gems to be found in the middle market, cross-border opportunities, and making a multi-strategy firm institutionalized
Tech & government: Living laboratories
As governments of Southeast Asia’s emerging economies look to create more workable VC policy environments, start-ups and investors have proliferated across a patchwork of imperfect systems
Tech & government: 20 years of early days
Since the dawn of the internet in the mid-1990s spurred a global rebalancing of economic power, Asia’s newest VC heavyweights have raised questions as to how this technology-driven shift will be governed
Transition time: Succession planning in private equity
Asian GPs face increased scrutiny on succession planning as LPs seek to distinguish franchises that are sustainable from those that are not. For some founders, sharing economics and power isn’t easy
Wattle Hill seeks $300m for Sino-Australian PE fund
Sydney-based private equity firm Wattle Hill RHC Funds has achieved a first close on its debut Sino-Australia cross-border fund with $200 million in commitments. The overall target is $300 million.
KKR launches third Asian fund
KKR has launched its third pan-Asian fund, which has a target of up to $7 billion. The private placement memorandum was issued last week, according to a source familiar with the situation.
New Horizon pursues legal action over Japan's Sagami
Japanese GP New Horizon Capital has initiated legal action against Sagami, a domestic clothing retailer which it had targeted for acquisition. It claims the company accepted a weaker offer from rival PE bidder Aspirant Group.
Shaw Kwei makes appointments in Hong Kong, New York
Shaw Kwei & Partners has appointed Peter Ko as managing director in the firm’s Hong Kong office and David Hudson as senior advisor in New York.
Joe Stevens, Bert Kwan leave Standard Chartered PE
Standard Chartered Private Equity (SCPE) CEO Joe Stevens and Bert Kwan, who was responsible for investment activity in Southeast Asia, have both left the firm. This leaves Nainesh Jaisingh in sole charge of the bank’s PE unit.
IFC proposes backing Jungle's SE Asia seed fund
The International Financial Corporation (IFC), the investment arm of the World Bank, has proposed a $2 million investment in Jungle Ventures' Southeast Asia-focused seed fund.
Singapore's Jubilee Capital in $30m first close on tech fund
Jubilee Capital, a newly formed venture investment firm based in Singapore, has reached a first close of $30 million on an early-stage technology fund targeting $100 million.
Fund focus: Blume gets early-stage boost
Blume Ventures plans a narrower approach with its second technology-focused fund
Sovereigns and VC: An eye on the future
Australia's Future Fund appears to have overcome the philosophical and structural challenges facing face large-ticket LPs that want exposure to early-stage innovation
Q&A: Shoreline Capital's Xiaolin Zhang
Xiaolin Zhang, co-founder and managing partner at China-focused distress specialist Shoreline Capital, discusses the NPL opportunity and what private equity firms must do to address it
Indonesia's Convergence Ventures closes $30m tech fund
Convergence Ventures, an early-stage VC firm based in Indonesia, has reached a final close of $30 million on its debut fund.
STIC raises $530m for Korea special situations fund
STIC Investments has raised $530 million for a special situations fund that will target restructuring opportunities involving South Korean conglomerates.
IFC proposes $100m commitment to Actis energy fund
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $100 million investment in Actis Capital's latest emerging markets energy fund.
NZVIF, Enterprise Angels to invest $14m in NZ start-ups
The New Zealand Venture Investment Fund (NZVIF), a government-sponsored fund-of-funds, and domestic investor Enterprise Angels plan to commit about NZ$20 million ($14.3 million) to local start-ups over the next four years.
China fundraising: Joining forces
The Everbright-IDG Industrial Fund is one example of investors joining forces to address the investment opportunities created by China's evolving economy. Are two heads really better than one?
Hong Kong tax policy: An unfortunate first
Hong Kong is the only major international center openly seeking to treat carried interest as income rather than capital gain for tax purposes. The private equity industry wants to know where it stands
Blume Ventures closes second India fund at $60m
Blume Ventures has reached a final close of $60 million on its second India early-stage fund.
IMM closes third Korea fund at $1.15b
IMM Private Equity has closed its third Korea-focused fund at approximately KRW1.25 trillion ($1.15 billion), having seen an uptick in foreign investor participation compared to the previous vehicle.
China transport start-ups: Hot wheels
Bicycle-sharing start-ups are the latest investor craze in China’s technology-enabled transportation space. Can private sector operators make their business models work?
Chinese entrepreneurs: Under pressure
The health tolls of the entrepreneurial lifestyle and its effect on founders' lives and performance are an increasing source of concern for China's VC investors