LPs
Deal focus: India's Prime Venture secures four-year extension
Foundation Private Equity has made its first foray into India, taking out all the LPs in Prime Venture Partners' debut fund through a tender offer process
Diversity & inclusion: Acting with intent
GPs are looking to build teams representing different genders, ethnicities, and backgrounds as stakeholders call for more diversity and studies suggest it leads to better decision making
Singapore's Azalea raises second fund-of-funds
Temasek Holdings-owned Azalea Asset Management has raised USD 805m for a second fund-of-funds intended to broaden investor access to private equity.
2022 preview: ESG
Keeping tabs on sustainability credentials at the portfolio and company level will become more data-driven and collaborative. Eventually, getting results will require greater sacrifices
2022 preview: China fundraising
Investors held fire on commitments to China managers amid uncertainty over regulatory reforms. Industry participants hope the government will provide clarity, but the fear LPs won’t hurry back
New faces, old faces: Asia PE people moves
A selection of the transfers, promotions, arrivals and departures in the private equity community in 2021
CPPIB promotes Agus Tandiono to Asia head
Canada Pension Plan Investment Board (CPPIB) has appointed Agus Tandiono, who leads its fundamental equities team in Asia, as regional head.
HarbourVest hires Allianz executive for China institutional busines
HarbourVest Partners has recruited Cicely Sun from Allianz Global Investors as a managing director and co-head of its Beijing office.
LP interview: Pictet
Switzerland-headquartered private bank Pictet is adding headcount in Asia – to assess investments as well as woo clients – as the introduction of new strategies increases exposure to the region
Fund focus: AC Ventures hits its stride early
AC Ventures rallies global investors for an Indonesia-heavy Southeast Asia thesis, more than doubling its expected corpus as pandemic disruption changes everything but the plan
CDC expands Asia footprint
UK development finance institution CDC Group, already an active investor in South Asia, has announced a strategic pivot toward the broader region with a special interest in Southeast Asia.
Investors emphasize GP-LP alignment - AVCJ Forum
Eroding the alignment of interest between GP and LP – by tweaking the partnership structure, a manager overstretching to pursue multiple strategies, or conflicts emerging over secondaries – could harm returns at a time when valuations are already...
Going green is delicate, incentives-driven work – AVCJ Forum
The integration of sustainable practices into private equity firms and portfolio companies is a "diplomatic process," investors told the AVCJ ESG Forum.
Investors get tough on diversity - AVCJ Forum
Investors are pressing GPs and portfolio companies to do more on gender and cultural diversity, pointing to evidence that greater parity boosts performance, the AVCJ ESG Forum heard.
Q&A: Coller Capital’s Francois Aguerre
Francois Aguerre, head of origination at Coller Capital, on the march towards a $500 billion global secondaries market, the rise of GP-led transactions, and the implications of more permanent capital
HNWIs & private equity: The road to retail
From B2C aggregation platforms to nascent blockchain-based products, solutions that bring alternatives to the mass market are emerging. Providers prefer to be labeled enablers than disrupters
HNWIs & private equity: Access all areas?
The private equity industry wants more efficient and inclusive ways to raise high net worth money than private bank feeder funds. Technology, in different ways, might provide the answer
Affirma achieves $473m final close on fifth Korea fund
Affirma Capital has closed its fifth Korea-focused fund with KRW543 billion ($473 million) in commitments, marking its first successful fundraise since spinning out from Standard Chartered.
Temasek platform to help Singapore businesses go global
Temasek Holdings is backing Singapore’s efforts to attract and develop high-growth businesses with the formation of an investment platform that will support local companies with regional and global expansion ambitions.
LP interview: Cambooya
The family office that represents members of Australia’s Fairfax family launched its private equity program six years ago. Venture capital, growth equity, and co-investment are increasingly on the agenda
China investors see primary, secondary valuation mismatch - AVCJ Forum
Investors told the AVCJ China Forum they believe low valuations in the country’s secondary markets will begin to appear in the primary market. But they are positive on the long-term.
Japan fundraising: Regional banks revisited
Japan’s regional banks have risen from a low base to become a meaningful LP constituency for local middle-market managers. Their staying power might be a function of broader industry consolidation
Hillhouse upsizes growth fund to $5.2b
Hillhouse Investment, the buyout and growth capital unit of Asia-focused Hillhouse Group, has raised $5.2 billion for a growth equity fund, more than twice the original target.