Capital Square Partners and Basil Technology Partners have joined forces, with HarbourVest Partners, NewQuest Capital Partners, and Committed Advisors backing a USD 700m fund comprising Asia IT services investments from both GPs
Lighthouse Funds is targeting INR 35bn (USD 425m) for its fourth India fund and has signed up the country’s National Investment & Infrastructure Fund (NIIF) as an anchor LP.
LPs are willing to back first-time managers and reengage with China, but they want to see more from GPs in return for taking these risks, the Hong Kong Venture Capital & Private Equity Association’s (HKVCA) Asia Forum heard.
China Investment Corporation (CIC) surpassed Japan’s Government Pension Investment Fund (GPIF) and Norway’s Norges Bank Investment Management (NBIM) to become the world’s largest state-owned investor in 2022, according to Global SWF Tracker.
Fundraising is difficult for all but the fortunate few private equity managers in Asia. GPs are delaying launches, shaking up strategies, and offering sweeteners; LPs are in no hurry to make commitments
Mengyang Yang, an executive director and head of private equity in Hong Kong at CICC Capital, on China’s post-pandemic revival, plans for a flagship US dollar fund, and managing guidance funds
More individuals will be able to invest in private equity as fund fractionalisation technology matures. But a global downturn, ever-malleable regulations, and blockchain gloom loom large
A selection of the transfers, promotions, arrivals, and departures in the private equity community in 2022
Dalma Capital Group, a Dubai-headquartered alternative investment management platform, has agreed to buy The Global CIO Office, a Singapore-based outsourced CIO business that primarily serves family offices.
More LPs are considering sales of private equity positions via the secondary market as they find themselves overallocated to the asset class following sharp adjustments in public markets valuations, but Coller Capital has yet to see this translate into...
Raffles Family Office, a Hong Kong-based multi-family office, has named Zann Kwan as CIO and managing partner of its digital assets unit.
Institutional investor interest in Asia has fallen significantly over the past two years, according to a survey conducted by Probitas Partners, with pan-regional funds, venture capital, and single country-focused funds among the least popular strategies...
Northleaf Capital Partners, a Canada-based asset manager that invests in private equity, private credit, and infrastructure, has opened a Tokyo office to spearhead fundraising activity in Asia and is considering the addition of a Korea presence.
With private market valuations yet to see a meaningful reset in Asia and heightened risk factors in China, investors are exploring ways to drive secondary deal flow by closing the bid-ask spread
Five Australian superannuation funds have backed a AUD 30m (USD 20.4m) investment in local Wi-Fi chipmaker Morse Micro, extending a recent Series B round to AUD 170m.
More than half of family offices in Asia Pacific plan to increase their exposure to private equity funds next year, according to a survey conducted by Raffles Family Office and Campden Wealth.
Patrick Reid, a UK-based managing director for alternatives distribution management at Morgan Stanley Investment Management, plots the future of themes around secondaries, longer holds, and hybrid approaches to PE
Multiples Alternate Asset Management is looking to raise up to USD 1bn for its fourth India-focused fund, with the International Finance Corporation (IFC) proposing a USD 60m commitment.
With ISSB pursuing pre-eminence in sustainability-related financial disclosures and TCFD emerging as a preferred climate framework, investors and investees will have to get more serious about reporting
Investors are increasingly challenged to reconcile a vanishing divide between some infrastructure and PE strategies, the AVCJ Private Equity & Venture Forum heard.
The private equity industry has undergone a profound shift as under-allocations have become over-allocations, fundraising and deployment have slowed, and the dynamic between GP and LPs has changed, the AVCJ Private Equity & Venture Forum heard.
Asia-based managers are slower to implement diversity, equity, and inclusion (DEI) policies than their peers in other markets, but LPs told the AVCJ Diversity & Inclusion Forum that action on this issue is increasingly important to fundraising.
LPs want more nuanced emissions measurement from their portfolio managers, the AVCJ ESG Forum heard.
Tianhao Wu, a managing director in the investment team at Northwestern University’s endowment, on adding new GP relationships, addressing China risk, and pursuing geographic diversification in Asia