LPs
Asian fund-of-funds: In the balance
Do Asian fund-of-funds have the scale and selling points to survive in an increasingly complex and competitive market?
Hony's bumper raise sparks concerns about China fund sizes
How much is too much? Hony Capital set the benchmark for the string of large China-focused funds expected to launch in the next year or so as it closed its fifth vehicle at $2.4 billion. Hony Capital Fund V took barely four months to complete its fundraising,...
Private equity and Asia's new rich
On two occasions last week, fund managers told me they were looking to attract capital, but not from the standard institutional LP. Is this a coincidence or the start of a new trend? It’s not yet clear. But one contributing factor of which we can be certain...
NSSF considers investments in foreign PE funds
China’s National Social Security Fund (NSSF) is looking for investment opportunities in foreign private equity firms as part of efforts to boost returns and broaden its exposure to overseas markets.
Q&A: Hamilton Lane's Mario Giannini
Mario Giannini, CEO of Hamilton Lane, discusses the fundraising climate globally and the impact of massive capital inflows on Asia.
Nomura enters China's PE space
Nomura Holdings has become the first Japanese financial services company to invest in Chinese private equity, after agreeing to participate as an LP in the Shanghai-based Jiu You Quan Xing Equity Investment Fund. The vehicle, which is managed by Jiu You...
Nomura becomes first Japanese firm to invest in Chinese private equity
Nomura Holdings said it would become the first Japanese financial group to make private equity investments in China, having reached an agreement with Shanghai-based Jiu You Quan Xing Equity Investment Fund. This follows the bank winning approval to participate...
Highlights from 24th Annual AVCJ Forum 2011
Thank you to all the sponsors, speakers and delegates that participated at the 24th annual AVCJ Forum: Asia's Private Equity Week 2011 held in Hong Kong on 7-10 November 2011.
Fund concessions: A tailored fit
The fees debate might not have arrived in Asia, but a string of other LP demands has. Fund managers must manage their investors as carefully as their investments
The growing importance of investor relations
As Asian private equity continues to evolve into a true asset class, the role of investor relations and fundraising professionals has become increasingly important. Over the years, I’ve watched as private equity firms place ever more emphasis on the role,...
Gobi LPs short-changed by VisionChina dispute
The LPs in Gobi Partners' fund have experienced significant delays in receiving their returns from the VC firm’s investment in China’s Digital Media Group (DMG), a source close to Gobi told AVCJ.
The specialists: The impact of Asia's sector-specific funds
When will Asian private equity funds discard their staunch sector agnosticism and carve out specific areas of investment expertise?
AVCJ Special Achievement Award – Philip Bilden
Philip Bilden, who launched HarbourVest’s Asia business 15 years ago and is now transitioning from the role of managing director to senior advisor, reflects on a fast-evolving industry
Chinese regulators poised to clamp down on illegal fundraising
China’s National Development and Reform Commission is looking into domestic private equity firms’ fundraising operations with a view to tightening regulatory oversight on the sector.
Actis gets $250m from Washington State Investment Board
Washington State Investment Board has committed $250 million to Actis’ latest emerging markets vehicle as part of a more than $550 million allocation to global private equity managers made earlier this month. The other beneficiary was Apax Partners’ eighth...
Rules and standards: A new era of investor reporting
A combination of limited partner pressure and government regulation is setting the stage for standardization and regulation to replace private equity’s traditional free-wheeling ways
Quotes from the AVCJ Investment Summit
A selection of notable remarks from the second day of the AVCJ Investment Summit on Thursday.
Quotes from the AVCJ Investment Summit
A selection of notable remarks from the first day of the AVCJ Investment Summit on Wednesday.
Pension funds still committed to pan-Asian, global funds
Institutional limited partners are becoming more nuanced in their appreciation of private equity opportunities in the region but this doesn’t necessarily signal a wholesale shift away from pan-Asian or global funds.
2011 AVCJ Forum sells out
The 2011 AVCJ Private Equity & Venture Forum has sold out, following an unprecedented level of industry support from both within and outside of the region. AVCJ will not be taking any more registrations for the event, although existing reservations made...
Asia's sovereigns: Partners or competitors?
Asian sovereign wealth funds are increasing their exposure to private equity firms globally. They have one eye on returns and another on beating GPs at their own game
Asia fundraising – more than just a renminbi story
The last few years have not been good for most Asian private equity fundraisers. The global financial crisis made the usual institutional investors shied away from the asset class, forcing funds already in the market to scale back their targets slightly....
VIDEO: PE's top names sound off on Asian talent
Asia has been a major recipient of capital in recent years given the growth potential of key markets, but the region's top professionals aver that finding an experienced fund manager to deploy these dollars remains a key issue.
Asia ex-Japan pension fund assets to reach $4t by 2015
Assets held by pension funds in Asia ex-Japan and Australia stood at $2.2 trillion at the end of last year and are set to reach $4 trillion by 2015, largely fueled by an expanding middle class.