LPs
Korea’s NPS boosts overseas PE exposure
The National Pension Service of Korea (NPS) has pledged to more than double the Asian allocation of its KRW19.5 trillion ($16.4 billion) allotment for global private equity investment.
LP interview: Top Tier Capital Partners
Top Tier Capital Management sees continued interest from Asian LPs in the US venture capital market, but newcomers to the asset class must learn to understand its workings and be prepared for setbacks
The communicators: Investor relations in Asia
GPs in Asia are devoting more resources to investor relations in response to increased reporting requirements and a challenging fundraising environment. But finding the right IR formula is not easy
CPPIB names Asia, international head Mark Machin as CEO
Mark Machin, head of international and Asia president at Canada Pension Plan Investment Board (CPPIB), will become the pension fund’s next global president and CEO. The appointment comes as CPPIB’s annual report indicates a continued ramp up in its...
IFC to invest in Southeast Asia frontier markets fund
The International Finance Corporation (IFC), the investment arm of the World Bank, will invest up to $7.5 million in a PE fund managed by Singapore's Emerging Markets Investment Advisers (EMIA).
Q&A: Noah Holdings' Piau-Voon Wang
Piau-Voon Wang, formerly of Adams Street Partners, is now co-CIO of Chinese wealth manager Noah Holdings. He explains why helping Chinese investors go overseas could be the biggest PE opportunity of the decade
Korea's GEPS seeks offshore secondaries managers
South Korea’s Government Pension Investment Service (GEPS) is looking to make two commitments – of $50 million apiece – to overseas GPs operating co-mingled global secondaries funds.
Japan's JBIC to invest in KKR Americas fund
The Japan Bank for International Cooperation (JBIC) has made an LP commitment to KKR’s latest North American fund. The size of the investment was not disclosed.
Hamilton Lane appoints three managing directors in Asia
Hamilton Lane has promoted three Asia-based professionals – Tomoko Kitao, Mingchen Xia (pictured) and Josh Jacob – to managing director.
LP interview: Ontario Teachers' Pension Plan
As Ontario Teachers’ Pension Plan fortifies itself for the future, the LP is focused on playing an active role introducing innovations and progress to Asia’s private equity sector
LPs and emerging markets: Expectations game
Institutional investors rank Southeast Asia and India as the most attractive emerging markets for GP investment, but there is also an awareness of the risks
LPs slow new commitments to emerging markets PE - survey
Investor sentiment on emerging markets private equity appears to be weakening, with 40% of respondents in EMPEA’s global limited partners survey planning to increase commitments to fund managers in 2016, down from 46% last year.
Hong Kong Monetary Authority doubles alternatives commitments in 2015
The Hong Kong Monetary Authority (HKMA) made new or approved private equity and real estate commitments of $9.7 billion in 2015, double the previous year’s allocation.
Temasek makes organizational changes, promotions
Singapore’s Temasek Holdings has combined its sector and market investment teams under a single investment group – promoting to president the two executives who will run this division – and created a new portfolio strategy and risk group in response...
Korea VC fundraising: Unbalanced boom
The forces behind a bumper year for South Korean venture fundraising serve as a reminder that local players must do more to build much-needed international relationships
New kids on the block: Accessing Asia's emerging LPs
Patience is a virtue when looking for allocations from Asian institutions that are either new to private equity or planning to increase commitments to the asset class
Asian LPs eye more alternatives – UBS
Large institutional Asian LPs are looking to boost allocations to alternative assets, including private equity, as they seek to diversify portfolios in response to economic volatility, according to UBS Asset Management.
Japan Post targets higher-yield assets
The new CEO of Japan Post Holdings has underlined his commitment to targeting riskier asset classes, including private equity and direct M&A opportunities. This comes as several local insurers are branching out into higher-return investments overseas...
Singapore's GIC appoints CIO for private equity
Singapore’s GIC Private has named Yong-Cheen Choo as chief investment officer for private equity, one of five new roles created to enhance the sovereign wealth fund’s investment capabilities.
NZ Super sells LP positions in three funds
New Zealand Superannuation Fund (NZ Super) has sold its LP positions in three US-based private equity funds as part of a move to consolidate its investment profile.
Legacy issues: GP succession planning
Succession planning issues are relatively few in Asian private equity, but that will change - and what GPs do to retain the next generation leadership will increasingly come under the spotlight
LPs see potential despite shallow Indonesia GP field - AVCJ Forum
Investors are still waiting to see if Indonesian private equity managers can deliver due to the relative youth of the market and the local GPs participating in it, LPs told the AVCJ Indonesia Forum.
Fund focus: Globis gets traction with pension LPs
Japanese pension funds show stronger interest in latest fund from Tokyo's Globis
Australia's MLC loses private equity head
Natalie Meyenn has stepped down as head of private equity at MLC, the wealth management arm of the National Australia Bank (NAB).