LPs
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 to...
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).
Unicorn raises $210m for China VC fund-of-funds
Unicorn Capital Partners, a China-focused venture capital fund-of-funds launched by Emerald Hill Capital Partners alumnus Tommy Yip, has closed its debut fund at about $210 million.
APG, Piramal commit $132m to India's Essel Green Energy
Dutch pension fund manager APG Asset Management has committed $132 million, alongside Piramal Enterprises, to Essel Green Energy, the solar power platform of India's Essel Group.
Australia's CHAMP Ventures postpones fundraise
CHAMP Ventures has postponed the launch of its eighth fund by six months. The Australian GP was expected to return to market in the first half of this year, having closed its previous vehicle in 2012.
Japan's GPIF appoints new president
Japan’s Government Pension Investment Fund (GPIF) has appointed Norihiro Takahashi, a long-standing executive at Norinchukin Bank, as its president.
Asian outlier: Standard Chartered and secondaries direct
Over the past three years, Standard Chartered has completed Asia’s largest secondary direct deal and put its PE unit in a position to raise fresh capital. But it is not necessarily a harbinger of things to come
Renminbi fund-of-funds: Commercial remit
Renminbi-denominated fund-of-funds have found a new lease of life in China as new private sector entrants and reformed state-backed incumbents look to tap a growing domestic LP base
NZVIF commits $13.5m to Movac's fourth fund
New Zealand Venture Investment Fund (NZVIF) has committed NZ$20 million ($13.5 million) to the fourth fund of domestic early-stage investor Movac Partners.
Altos closes second Korea VC fund at $110m
US-based venture capital firm Altos Ventures has closed its second Korean Opportunity Fund (KOF) at the hard cap of $110 million.