Kok Peng Teh spent most of his career at GIC, helping build out what has become one of the world’s largest private equity programmes and nurturing the careers of numerous industry participants
Damien Webb, deputy CIO and head of international at Australia’s Aware Super, on opening offices overseas, internalising asset management, and opportunities at the nexus of PE and infrastructure
Investcorp has opened a Tokyo office to serve as a staging post for direct private equity and real estate investments Japan.
Overallocation, risk aversion, and troubleshooting existing deals have prompted some LPs to pull back from co-investment in Asia. Others are willing to step in, but the market is selective
The Guangzhou provincial government has established two fund-of-funds (FoFs) with a combined scale of CNY 200bn (USD 29bn).
Primavera Capital Group has established a fund under China's Qualified Foreign Limited Partnership (QFLP) regime, underlining interest in onshore investments among managers with US dollar-denominated pools of capital.
Eddie Chen, formerly head of Asia at Europe-headquartered investment firm Eurazeo, has joined Temasek Holdings-owned Fullerton Fund Management as a managing director.
Asian Infrastructure Investment Bank (AIIB) has committed USD 160m to a plan to back small-scale venture capital funds targeting cleantech and technology-enabled sustainable infrastructure.
Fund-of-funds Quilvest Capital Partners was an early-mover in PE globally but has maintained a lean profile that speaks to its family office roots. It is pressing ahead with a China and India-focused Asia strategy
Australia’s Future Fund posted a 3.7% loss for the 2022 calendar year amid rising inflation and volatility in public markets – with Peter Costello, the fund’s chairman, warning of further challenges to come.
Randy Wang, a private equity specialist who works out of Beijing, is one of three Asia-based investment professionals that StepStone Group has promoted to partner.
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.