GPs
India carve-outs: A larger slice
Corporate carve-outs are on the rise in India as companies divest due to financial pressure or strategic rationale. To get these deals, PE firms must demonstrate operational capability and corporate sensitivity
Warburg Pincus closes latest global fund at $12b hard cap
Warburg Pincus has closed its latest global fund, which will seek investments in companies at all stages of development, at the hard cap of $12 billion.
India's NSR promotes Arvind Malhan to partner
Indian growth-stage private equity firm New Silk Route (NSR) has promoted Arvind Malhan to partner.
KKR buys controlling stake in India's Avendus
KKR has bought a 70% stake in Indian financial services firm Avendus Capital for an undisclosed sum.
Lakeshore closes first Thailand fund at $60m
Lakeshore Capital Asia has closed its first Thailand-focused fund - one of the few such vehicles, if not the only fully institutional player - at $60 million.
Q&A: CDIB Capital's Paul Yang
CDIB Capital, the PE arm of Taiwan’s China Development Financial, recently closed its $405 million debut China fund for China. Paul Yang, president and CEO of CDF, explains how the strategy is differentiated
IFC to invest $7m in VC-backed CL Educate
The International Finance Corporation (IFC) will invest $7 million in India's CL Educate, an education services company backed by Gaja Capital.
Providence ups stake in India's Hathway
Providence Equity Partners has paid INR2.4 billion ($36.4 million) for a 6.35% stake in Indian cable TV operator Hathway Cable and Datacom held by Macquarie Bank.
PE value-add programs still at early stage in Asia - survey
PE firms are increasingly aware of the importance of value creation at portfolio company level in Asia, but many accept that their programs in this area have yet to reach maturity, according to a new survey.
Formation 8's Brian Koo launches Asia-focused VC firm
Brian Koo, co-founder of Formation 8, has launched a new venture capital firm that will invest in a smaller portfolio of Asia-focused companies with a view to accelerating growth through deep operational involvement.
Vertex launches $200m captive fund for SE Asia, India
Vertex Venture Holdings, the VC arm of Singapore-based Temasek Holdings, has launched a $200 million captive fund for investments in India and Southeast Asia.
Placement agent First Avenue opens Hong Kong office
Private placement agent and advisory firm First Avenue has opened an office in Hong Kong. It will be led by Michael Henningsen, previously a managing director at Park Hill Group.
Profile: Navegar's Honorio Poblador IV
The launch of Philippines-focused Navegar represented another breakthrough for Asian private equity. For Honorio Poblador IV, the firm’s managing partner, it was more than a decade in the making
Family office fundraising: Face to face
Dealing with a family office can be uniquely challenging for GPs. Managers who want success have to be able to handle the unique dynamics of this situation
Evergreen funds: The long hold
The notion of patient or permanent capital draws interest from both GPs and LPs, but evergreen funds are rare in the US and even rarer in Asia. This state of affairs is unlikely to change any time soon
Money troubles: PE compensation
A lack of transparency over compensation - or just a lack of compensation - is partly responsible for the still relatively high turnover in Asian private equity
Fortress raises $1.1b for third Japan special situations fund
Fortress Investment Group has closed its third Japan-focused special situations fund at the hard cap of $1.1 billion. Ten deals have already been completed with more than JPY17 billion ($140 million) deployed.
Co-investments strengthen GP-LP bond - AVCJ Forum
LPs that pursue co-investment opportunities alongside their portfolio GPs can build a stronger relationship with the managers, LPs told the AVCJ Forum.
Southeast Asia investments reward prepared GPs - AVCJ Forum
Southeast Asia has a lot to offer GPs who can handle its unique challenges and capabilities, recent economic volatility and the impact of China's slowdown notwithstanding, investors told the AVCJ Forum.
Shaw Kwei strengthens Hong Kong team
Middle market Asian PE firm Shaw Kwei & Partners has hired Brian Lau as an executive director based in its Hong Kong office.
Asian GPs should share the wealth internally - AVCJ Forum
The Asian private equity talent pool is deepening but GPs must ensure their compensation schemes are well balanced in order to retain mid-level staff, industry participants told the AVCJ Forum.
Asia co-investment: The waiting game
Large-scale co-investment will take time to get traction in Asia
Fund focus: Morningside scales up for growth deals
Morningside Venture Capital divides up the corpus of its $660 million fourth fund to address a China market increasingly characterized by early-stage and late-stage deals
India's Essel Finance commits $11m to housing developer
The private equity arm of India's Essel Finance has invested INR400 million ($6 million) across two housing projects by Mumbai-based developer Rashmi Housing, and will invest another INR350 million in a third project.