Industry
Partners Group acquires 12% of Venator's China RE fund
Partners Group has acquired a 12% stake in Trophy Property Development (TPD), a $1 billion China-focused property development fund managed by Venator Real Estate Capital. The financial details of the transaction were not disclosed.
Singapore's GIC sees increase in PE exposure in 2014
Singapore sovereign wealth fund GIC Private has upped its exposure to private equity alongside bonds and emerging market equities for the year ended March, 2014, according its annual report.
India's Piramal forms $1b Infra platform with APG
Piramal Enterprises - the flagship business of Indian conglomerate Piramal Group - is teaming up with Dutch pension fund manager APG Asset Management to invest up to $1 billion in India infrastructure companies over the next three years.
CLSA wins Korea outbound mandate
Nexen Tire Corp. posted net sales of KRW1.73 trillion ($1.7 billion) in 2013 and is responsible for 20% of tire sales in South Korea, the fifth-largest market globally both for auto production and auto exports. The company has an established global presence...
LP Interview: Taiwan's Bureau of Labor Funds
The newly-established Bureau of Labor Funds is Taiwan's largest pension fund system. Private equity is not currently in the portfolio but this may change as alternatives exposure grows
Ex-KKR Asia fundraiser joins Neuberger Berman as advisor
Clifford Chiu, who stepped down from his fundraising role at KKR earlier this year, has become a senior advisor to Neuberger Berman Asia. He will help build the investment manager’s client base across the region.
Apis Partners to launch Asia, Africa fintech fund
Newly-created private equity firm Apis Partners has launched its first growth capital fund targeting financial technology (fintech) investments in Asia and Africa.
Inflexion Point launches $15m Japan-focused game fund
Singapore venture capital firm Inflexion Point Capital (IPC), has launched a $15 million fund to focus on investments in Japan's mobile gaming start-ups.
Qualcomm commits $150m to invest in Chinese start-ups
Qualcomm has launched a $150 million strategic venture fund to invest in Chinese start-ups in the mobile technology space.
Taiwan's Cathay Life commits $20m to Vista tech fund
Taiwan’s Cathay Life Insurance has committed $20 million to US technology-focused private equity firm Vista Equity Partners’ latest flagship fund - Vista Equity Partners Fund V.
China's JD Capital launches medical, energy funds
JD Capital has launched three renminbi-denominated funds to invest in the medical and energy sectors.
Shunfeng commits $74m in Japan power project PE fund
Hong Kong-listed solar cell manufacturer Shunfeng Photovoltaic International has commited JPY7.5 billion ($74 million) to an unnamed Japanese solar power-focused fund.
CLSA, Korean corporate launch $295m global co-invest fund
CLSA Capital Partners (CLSACP) launched a KRW300 billion ($295 million) global co-investment fund in partnership with South Korean tire manufacturer Nexen. The primary LP is the National Pension Service of Korea (NPS).
Taiwan's Fubon Financial backs Fosun outbound fund
Fubon Financial, parent of Taiwan’s second-largest life insurance firm, has committed $20 million to Fosun International’s outbound China Momentum Fund.
PE investors near deal for China NPL manager Huarong - report
A group of private investors is nearing a $2 billion deal for a minority stake in China Huarong Asset Management, one of four groups tasked with managing non-performing loans (NPLs) from state-owned banks.
India's budget: Roadmap to recovery?
India’s recent Union Budget represents the opening salvo from a government that many in the business community hope will get the country moving again. The private equity industry is watching closely
Thriller in Manila: PE investors target the Philippines
The Philippines is the fifth-largest economy in the Association of Southeast Asian Nations (ASEAN) and has the second-largest population. GDP growth is among the fastest in Asia. But in terms of inbound and outbound commerce the country trails its comparable...
Coller's Mizuno joins GPIF investment committee
Japan's Government Pension Investment Fund (GPIF) has appointed Hiromichi Mizuno, a partner at secondaries specialist Coller Capital, to its investment committee.
Northstar reaches $500m first close on Southeast Asia fund
Southeast Asia-focused GP Northstar Group has reached a first close of approximately $500 million on its fourth fund.
MSPEA rides out Volcker impact
For most Asia-focused GPs that were once captive units of investment banks, the shadow of their former parent has long since faded. Restrictions on financial institutions as LPs is a problem, but they are already accustomed to life without balance sheet...
Q2 analysis: Still open for business
The IPO window remains open, especially in Australia; VCs continue to dominate China fundraising, but probably not for much longer; the Philippines stakes its claim as Southeast Asia’s emerging PE star.
Q&A: Ascendent Capital's Liang Meng and Kevin Zhang
M&A advisors turned PE investors, Liang Meng and Kevin Zhang pooled their experiences at J.P. Morgan, D.E. Shaw and Goldman Sachs to create Ascendent Capital Partners, and pursue a different kind of China strategy
Global secondaries deal flow set to break record - Cogent
Global secondary transaction volume for 2014 is on course to break $30 billion for the first time after reaching $16 billion in the six months of 2014, according to secondary market-focused investment bank Cogent Partners.
Public, private equities drive strong returns for California pension funds
America’s two largest public pension funds each reported annual returns in excess of 18% largely driven by soaring domestic and international public equities, although private equity was the second-best performing asset class. `