LPs
Even megafunds need to meet LP demands
After industry debate, Bain’s Asia Fund II may give investors options that focus on performance, not fees
MIVCC sees both side of Oz VC
The Melbourne International Venture Capital Conference (MIVCC) held on March 8 as a joint venture between AVCJ and the Victoria government, brought together venture firms from across Australia, domestic LPs and government representatives to explore the...
Partner Group hires Sony Life's Numata
Mamoru Numata of Sony Life has joined Partners Group’s Tokyo office as a senior manager. His responsibilities will include investment origination, client relationships and business development.
IDFC no longer a fund of funds
IDFC has pulled out of the private equity fund of funds business, which it entered in September 2009 under IDFC Capital. The Singapore-based FoF venture, which was headed by former ADB private equity head, Veronica John, reportedly failed to raise any...
Deal making Down Under
The 8th Annual AVCJ Private Equity and Venture Forum in Sydney brought together optimists, skeptics, GPs, LPs and the industry that makes Austrasia a hotbed of private investment activity
Opportunity knocks, but cautiously so
Twelve months ago, it was all sunshine and roses in Australia. The market has since rationalized and it seems GPs are still remarkably positive, while on the LP side, there are question marks around the market dynamics down under.
Super funds and private equity
Historically, Aussie superannuation funds have been fairly consistent in the way they manage private equity programs, which is also why talk about pulling back from the asset class is making waves.
HDFC takes stake, LP role in Kaizen
India’s Housing Development Finance Corp. (HDFC) has acquired a minority stake in education-opportunities group Kaizen Management Advisors Ltd., pledging an undisclosed amount of capital as an LP into Kaizen Private Equity’s new vehicle.
VIDEO: Adams Street Partner's T. Bondurant French
'Bon' French, CEO of Adams Street Partners, discusses Asia's role in the global LP's allocation strategy, and why his opinion on megafund investing has changed.
Investing without rose-tinted glasses
The CEO of global LP Adams Street Partners T. Bondurant French sits down with AVCJ to discuss allocation strategies, the PE industry’s challenges and how his wariness of global mega funds paid off post-crisis.
Susan Flynn rejoins Coller
A newly updated ‘Team’ page on the Coller Capital website served as a public announcement that Susan Flynn has rejoined Coller Capital as a Partner responsible for investor relations. She spent the last four years as CEO of Hermes Private Equity, where...
Carlyle buys AlpInvest, becomes LP
ALPINVEST, THE NETHERLANDS-BASED fund-of-funds, has been acquired by the Carlyle Group, which simultaneously makes its foray onto the LP side of the private equity industry.
Brazil – battling for emerging Asia dollars?
ASIA HAS ALWAYS SEEN THE LION’S SHARE of emerging markets-dedicated dollars. Latin America has always lagged.
Investing without rose-tinted glasses
The CEO of global LP Adams Street Partners, sits down with AVCJ to discuss allocation strategies, the PE industry’s challenges and how his wariness of global mega funds paid off post-crisis.
ILPA polishes its private equity principles
New version incorporates more GP and LP input aimed at increasing focus, clarity and practicality on both sides of the private equity equation.
Carlyle acquires AlpInvest in first foray into FoF world
After nearly six months of speculation about who would acquire global fund of funds investor AlpInvest – until now held by two Dutch pension funds – the Carlyle Group has been announced as the chosen buyer, marking the PE giant’s first foray into the...
More than meets the eye
Early indications suggest that the next 12 months will be a bumper year for the private equity industry. It seems that every fund we talk to has a number of liquidity events in the making, while many notable names are looking to be back in the fundraising...
Changing perceptions on Japanese private equity
There is no hiding from the fact that foreign institutional investors have developed a negative view on the current prospects for Japan’s private equity and venture capital industry, which in turn has made a significant impact domestic GPs’ abilities...
Coller Barometer: confidence in PE is at pre-crisis levels
The recent edition of the Global Private Equity Barometer, released by Coller Capital, revealed that LPs’ total exposure to fund-of-funds will fall over the next three years, in part due to fees and in part due to disappointing returns. At the same time,...
State of the Union(s)
Korea and Japan may have fallen off the radar over the past two years, but their governments are working to keep funds flowing in and opportunities front and center for private equity firms
Overseas LPs welcome
Clifford Chance Partners explain what’s in store for foreign LPs looking to convert their currencies into reminbi for private equity investment under Shanghai’s new, liberalized QFLP pilot program
BNY Mellon creates Sovereign Institutions Group
BNY Mellon, the global asset management and securities servicing company, has formed a new support business, the Sovereign Institutions Group, prompted by the increase in assets under management by sovereign wealth groups globally.
Coller Barometer highlights investors' growing skills in Asia
The recent edition of the Global Private Equity Barometer, released by Coller Capital, revealed that LPs’ total exposure to fund of funds will fall over the next three years, partly due to fees and partly due to disappointing returns. At the same time,...
China's Fosun Group, Prudential to launch $600 million PE fund
China’s largest privately owned investment conglomerate, the Fosun Group, is to launch a private equity fund with US insurance giant Prudential Financial, with the latter committing $500 million to the vehicle while Fosun injects $100 million.