Industry
VIDEO: JP Morgan Asset Management's Lawrence Unrein
Lawrence Unrein, Global Head of JP Morgan Asset Management's Private Equity and Hedge Fund Groups, says that the global private equity industry learned a few lessons about its limits in the aftermath of the global financial crisis, and discusses how the...
Squalls on the horizon
With the rising rate of Chinese inflation no longer a state secret, the gravity of the problem is clear. But, will the government’s moves be strong enough to curb the problem?
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...
Kaizen gets IFC nod of approval
Indian education-focused private equity group Kaizen Private Equity is awaiting approval from the board for an investment from the International Finance Corporation. The debut fund is targeting $100 million for investments in and around the education...
Alibaba may look to PE for logistics investment
Alibaba Group, China's e-commerce giant, plans to invest $4.5 billion to form a network of warehouses across the nation, possibly through a joint fund set up with a private equity firm.
Swiss-Asia Financial Services to launch energy-focused PE fund – report
Singapore-based asset manager Swiss-Asia Financial Services is said to be raising €500 million ($671.7 million) for a Chinese power plant-focused private equity fund.
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...
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
Prudential and Fosun form China PE fund
China's largest privately owned investment conglomerate, the Fosun Group, has teamed up with American insurance behemoth Prudential Financial Inc. (PFI) to launch a $600 million private equity fund of which Fosun will act as general partner. The aim,...
The RMB and Chinese private equity
Chinese leader Hu Jintao will meet with his American counterpart, Barrack Obama this week in the US. While geo-political issues will feature in the summit, economic and trade issue will loom large in the agenda in this meeting, described as the most important...
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.
KFH launches Islamic fund
KFH Asset Management, a subsidiary of Kuwait Finance House, an Islamic bank based in Kuala Lumpur, will launch a $300 million fund by the end of 2012, according to Reuters. The fund plans to raise capital from Gulf investors, and will also seek money...
Temasek pays antitrust fine
Indonesia’s antitrust agency (KPPU) has reportedly announced that Temasek Holdings has paid 15 billion rupiah ($1.66 million) through its partially owned affiliate, PT Telkomsel, as its portion of an outstanding fine owed after the group was found in...
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 Gosen Securities plans to launch the first RMB fund
China's Guosen Securities Co Ltd., Shenzhen-based boutique investment bank, plans to raise a RMB300 million ($45.5 million) private equity fund in Hong Kong following the increase in demand for RMB investment vehicles in China.
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.
SingTel unit leads local series A
Singapore Telecom's recently launched venture capital unit, SingTel Innov8, has made its first investment, leading the Series A financing of locally grown 2359 Media. Innov8 invested approximately S$800,000 in the mobile advertisement platform creator,...
ILPA updates Private Equity Principles
The Institutional Limited Partners Association (ILPA) has released an updated version of its Private Equity Principles and the first of its five recommended Standardized Reporting Templates that aims to drive best practices and support long-term partnerships...
PRC government takes first measure to allow overseas PE investing
Shanghai is to be the first territory in China in which overseas investors will be allowed to convert their foreign currency into renminbi for the use of private equity investing, Shanghainese authorities announced.
Macquarie invests in Moser Baer project
The Macquarie SBI Infrastructure Fund is to take an INR5.8 billion ($129 million) minority stake in a New Delhi-based, 2.52 gigawatt thermal power project of Moser Baer, a domestic energy developer.
A glimpse into the future
With 2011 upon us, industry players offer thoughts on the major themes for the year ahead, and for the first time in years, the forecast is largely for blue skies and sunshine.
Case In Point: SME Deals On the Rise
As if to prove that 2011 would be the year of the SME investment, Polaris Capital Group has acquired a 100% stake in domestic food chain operator Samukawa Food Planning Co (SFP). Although the deal size was not disclosed by Polaris, Nikkei reports suggest...