Industry
Q&A: Bain & Company's Henrik Naujoks
Henrik Naujoks, Bain & Company’s financial services lead for Asia, observes that investors must not ignore the increasing cohesion of the Greater Bay Area despite a relative lack of near-term gambits
Lilly Asia Ventures raises $1.35b for healthcare funds
Lilly Asia Ventures (LAV) has raised $1.35 billion for its latest healthcare fund, having introduced a $450 million opportunity vehicle that sits alongside a core pool of $900 million.
AVCJ Awards 2020: Firm of the Year - Mid Cap: Advantage Partners
Richard Folsom, representative partner of Advantage Partners, looks back on a year dominated by succession planning, fundraising, and new investment opportunities
EQT loses Singapore-based partner Tak Wai Chung
EQT has seen more turnover in its senior Asia team with the departure of partner Tak Wai Chung. The move comes as the firm looks to expand and reposition its business in the region.
CDC expands VC program with South Asia focus
UK development finance institution CDC Group has engaged two venture capital industry veterans as part of a VC program expansion in Africa and South Asia.
Fund focus: Japan's T Capital closes Fund VI at hard cap
Having completed its spin-out from Tokio Marine, T Capital Partners tapped overseas LPs for the first time for its sixth fund. They account for 40% of the JPY81 billion ($773 million) corpus
Allen & Overy strengthens Asia fund formation capabilities
Allen & Overy has recruited James Ford from O’Melveny & Myers as a partner in its Asia Pacific funds and asset management group. He continues to be based in Hong Kong.
Sideline SPACs: Competing priorities?
Ties between private equity firms and special purpose acquisition companies are not uniform – some are direct relationships, while others involve certain individuals. But proliferation is likely to attract more LP scrutiny
EQT launches in Japan as part of regional buildout
EQT has formally entered the Japan market – striking a partnership with Japan Industrial Partners (JIP) to aid its local penetration – as part of a broader plan to increase its Asia private equity exposure.
Profile: Sarmayacar's Rabeel Warraich
Rabeel Warraich swapped the stability of GIC for the untested waters of early-stage investment in Pakistan. With Sarmayacar about to close the country’s first VC fund, the gamble appears to be paying off
Prosus Ventures appoints head of Southeast Asia
Prosus Ventures, formerly a VC arm of South African conglomerate Naspers, has engaged Sachin Bhanot as its Singapore-based head of Southeast Asia.
GGV closes latest US dollar funds at $2.5b
GGV Capital has closed its latest set of US dollar-denominated funds with $2.52 billion in aggregate commitments. It represents the largest fundraising since the firm’s inception in 2000.
Asia family offices: Unfamiliar territory
The industrial backgrounds of family offices represent a strategic edge but also a potential hinderance to portfolio diversification. The same goes for principal-led governance structures
AVCJ Awards 2020: Fundraising of the Year - Large Cap: The Carlyle Group
With twice as much dry powder as in its previous Japan vintage, The Carlyle group expects mega-deals and private equity participation to increase
CVC recruits EQT's Asia mid-market head
Martin Mok has joined CVC Capital Partners as a Hong Kong-based senior managing director after spending nearly 20 years with EQT.
Fund focus: LPs flock to Lake Bleu's late show
Lake Bleu Capital leveraged a lift in Chinese healthcare sentiment to raise $560 million for a fund that will target late-stage healthcare investments
Qiming raises $441m for its sixth renminbi fund
Qiming Venture Partners has closed its sixth renminbi-denominate vehicle at RMB2.85 billion ($441 million), taking the firm's total assets under management to $5.9 billion.
Hong Kong's E15 VC closes second fund at $32m
Hong Kong technology investor E15 VC, also known as E15 Ventures, has closed its second fund at $32 million with a $15 million contribution from Sun Hung Kai & Co (SHK).
500 Startups appoints Asia regional director
500 Startups has appointed Ee Ling Lim, formerly the VC’s country lead for Singapore, as regional director for Asia Pacific.
Hopu founder backs China healthcare-focused SPAC
Fenglei Fang, founder and chairman of Chinese private equity firm Hopu Investments, is looking to raise $300 million for a special purpose acquisition company (SPAC) that will target healthcare companies with a China focus or expansion prospects in the...
Q&A: Office of New York City Comptroller's Wendy Garcia
Wendy Garcia, chief diversity officer for the Office of New York City Comptroller discusses her team’s diversity and inclusion objectives and what this means for GPs seeking allocations from city’s pension funds
Vista founder calls for investment in Asia tech infrastructure
Vista Equity Partners is keen to invest in Asia’s financial technology space, but founder Robert F. Smith stressed that governments must put in place the appropriate regulatory infrastructure.
Fund focus: Firstred's advisory angle
Firstred Capital has already completed six deals from its debut fund, making commitments that are flexible in structure to Chinese companies that need its M&A expertise
4Q analysis: Growth spurt
Technology-enabled businesses in China and India are the beneficiaries of a resurgence in growth capital deal flow; Japan is the sole stand-out in fundraising; IPOs continue to shine as overall exits struggle