LPs
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.
VIDEO: PE's top names on the key challenges in Asia
In the lead-up to 24th-annual AVCJ Forum 2011, held in Hong Kong November 7-11, AVCJ TV asks private equity’s top fund managers about the major challenges facing the industry.
Korea Post unit looks to invest in global secondary funds
Savings Bureau of Korea Post, one of South Korea’s largest state-controlled institutional investors, is looking to invest at least $30 million in a global secondary fund. It represents one of the savings bureau’s first forays into alternative investments...
CalPERS to appoint CFO, place limits on staff departures
The California Public Employee Retirement System will introduce a CFO position and toughen the timelines for when board members and staff can move to certain other jobs. The provisions, aimed at improving accountability, are included in new legislation...
EQT, TPG funds reflect Asia’s PE power
Asia's growing significance in the private equity world was further confirmed in two separate fundraising events last week. First in Europe, where EQT Partners announced that Asia Pacific LPs were responsible for nearly one quarter of total commitments...
WL Ross struggles to raise new fund
WL Ross & Co. has cut its target for its latest fund to $2-2.5 billion, having raised little more than one tenth of the $4 billion it set out to attract last year, The Wall Street Journal reported, citing people familiar with the situation.
Asia Pacific LPs put up nearly 25% of EQT’s $6.5b fund
EQT Partners has raised EUR4.75 billion ($6.5 billion) for its sixth European buyout fund, with Asia Pacific LPs accounting for 23% of commitments, up from just 5% in the firm’s previous vehicle. According to people familiar with the situation, Chinese...
Launching the AVCJ PE Week website…
Optimism is once again in the air as the markets continue to recover and the private equity world gets ready to converge in Asia for the AVCJ Private Equity & Venture Forum. Now in its 24th year, the conference has become an ecosystem in itself and will...
Japanese LPs: Conservative investors
With Japanese LPs still wary of private equity investing amidst ongoing global economic uncertainty, GPs find it difficult to secure commitments
Countdown to the AVCJ Forum
In just over a month, we will be holding our 24th Annual AVCJ Private Equity & Venture Forum in Hong Kong. As in the past, AVCJ’s annual event has attracted the biggest and most influential names in the private equity industry including such leaders...
Partners Capital opens in Hong Kong
Partners Capital, a private investment office with more than $7 billion of assets under management, has opened a branch in Hong Kong, its first in Asia Pacific.
Asia LPs are raising PE allocations, says Warburg Pincus’ Landy
Joseph Landy, co-president of Warburg Pincus, said that limited partners in Asia are maintaining or increasing their allocations to private equity on a percentage basis, despite the global economic downturn.
Q&A: Charles Eaton & David Love of Eaton Partners
Over the last 28 years, independent placement agent Eaton Partners has helped 70 funds raise around $35 billion. Founder Charles Eaton (pictured) and David Love, head of Asia and head of global distribution, reflect on a changing market
Submit your nominations for the 2011 AVCJ Awards
Diligent readers will recall that we’ve first announced in the August 30 issue of AVCJ that nominations for our 2011 AVCJ Asian Private Equity & Venture Capital Awards are open – to readers as well as the rest of the private equity industry.
Trustbridge receives $30m from Arizona pension fund
Trustbridge Partners has received a $30 million commitment for its fourth fund from the Arizona Public Safety Personnel Retirement System. An India sidecar fund on JPMorgan’s Asian Infrastructure & Related Resources Opportunity (AIRRO) Fund will get...
AXA tipped to sell private equity unit for around $670m
French insurer AXA has put its private equity unit up for sale in order to focus on its core insurance business.
Russia’s SWF assembles core management team
The Russia Direct Investment Fund (RDIF) has assembled its core management team with the appointment of five directors, a legal counsel and an adviser.