LPs
LPs & climate change risk: Numbers game
With more information at their fingertips, institutional investors are better positioned to understand and act on climate risks and opportunities in their portfolios. But private markets are still playing catchup
OMERS loses Asia private equity head
David Payne, who has led Asia private equity coverage at Ontario Municipal Employees Retirement System (OMERS) for two-and-a-half years, has left the firm.
De-risking measures limit COVID-19 damage to GIC portfolio
Singapore’s GIC Private said that steps taken last year to de-risk its portfolio – reducing its allocation to equities in favor of cash and evaluating deals with more caution – have limited the negative impact of COVID-19.
LPs call for better communication from Asian GPs - AVCJ Forum
LPs from five global funds say cultural issues and a relative lack of crisis experience have led to difficulties getting quality disclosure from Asian fund managers.
China's Yingke PE raises $286m
Shanghai-based Yingke Private Equity has closed its latest renminbi-denominated fund with commitments of RMB2 billion ($286 million), primarily from insurers and other financial institutions.
LP interview: FMO
Dutch impact investor FMO has maintained significant appetite for private equity and developing Asia with relatively few resources at its disposal. Fintech is the next frontier
Cayman fund regulation: Marginal gains
Private equity firms that use the Cayman Islands as a fund domicile are coming to terms with the realities of registration. Is the cumulative weight of increased regulation making them consider other jurisdictions?
KIC's private equity head to lead alternatives
Korea Investment Corporation (KIC) has promoted Jong-ho Kim from head of private equity to deputy CIO with a brief to lead its alternative investment group.
HQ raises its largest-ever fund-of-funds
HQ Capital has raised $750 million for its latest global private equity fund, which will pursue primary, secondary and co-investments in Asia, Europe, and the US.
Australia’s Square Peg raises $240m for third VC fund
Australian VC firm Square Peg Capital has received initial commitments of A$350 million ($240 million) for its third fund from investors including Hostplus and AustralianSuper.
Asian LPs believe GPs underplay climate change risk - survey
More than three-quarters of LPs in Asia Pacific do not believe GPs take climate change risks seriously enough in their investment policies and practices, according to Coller Capital’s latest private equity barometer survey.
Coronavirus & fundraising: Comfort levels
Personal contact with the manager remains a prerequisite for LPs when making fund commitments, but to what extent will recent travel restrictions change the parameters for on-site due diligence?
Manulife promotes Asia private equity head
Liam Coppinger, who leads private equity investment activity in Asia Pacific for Manulife Investment Management, has been promoted to senior managing director.
Lakeshore seeks $125m for second Thailand fund
Lakeshore Capital Asia is looking to raise $125 million for its second Thailand-focused fund and has won backing from the International Finance Corporation (IFC).
IFC set to back Endiya's second India fund
The International Finance Corporation (IFC) plans to invest $10 million in the second fund raised by Endiya Partners, an early-stage venture capital investor based in India.
Unigestion loses Asia Pacific private equity head
Eric Marchand, who leads Asia Pacific private equity activity at Europe-headquartered asset manager Unigestion, will be leaving the firm in July after approximately eight years of service.
ESG and VC: Deferred dialogue
Institutional LPs are traditionally less engaged with VC versus PE when it comes to responsible investment standards. A multitude of drivers are changing this, but not quickly
Raphael Arndt becomes CEO of Australia's Future Fund
Raphael Arndt has been appointed CEO of Australia’s Future Fund, succeeding David Neal, who departed earlier this year to lead IFM Investors.
PEP looks to cut OPTrust into Zenith Energy deal
Pacific Equity Partners (PEP) wants to bring OPTrust into its bid for Australia-listed off-grid power provider Zenith Energy after the Canadian pension fund built up a sizeable position in the company.
LP interview: Roc Partners
Having transitioned from a locally focused fund-of-funds into pan-Asian multi-strategy investor, Roc Partners is finding new ways to branch out in the current downturn
Archipelago targets $250m for second Southeast Asia fund
Archipelago Capital Partners is seeking $250 million for its second Southeast Asia fund and has received a proposed $25 million LP commitment from the International Finance Corporation (IFC).
Australia superfund withdrawals: Double trouble
Allowing cash-strapped superannuation members early access to their pension savings is seen as an essential COVID-19 relief measure. But it may not be conducive to a long-term investment mindset
LPs worried about denominator effect as capital calls rise - survey
LPs are receiving more capital calls from private equity firms following the coronavirus outbreak, with the concurrent drop in public market valuations prompting concerns about overallocation to the asset class, according to a survey by the Institutional...
Coronavirus & capital calls: Time to draw?
With GPs and LPs placing a premium on liquidity, there is more scrutiny of capital call processes. Some managers are pushing for changes to documentation, but will investors relent?
