Performance
AVCJ daily bulletin returns May 29
AVCJ’s daily bulletin will not be published on May 26 due to a public holiday in Hong Kong.
Japan Post Bank sees sharp increase in PE exposure
Japan Post Bank’s (JPB) private equity funds exposure increased 75% to JPY 5.6trn (USD 40.4bn) in the most recent financial year, which it said was largely driven by a change in accounting standards.
AVCJ daily bulletin returns May 2
AVCJ’s daily bulletin will not be published on May 1 due to a public holiday in Hong Kong.
AVCJ daily bulletin returns April 11
AVCJ's daily bulletin is taking a short break for the Easter holiday. Publication will resume on April 11.
Asia GPs must get smarter on target selection, costs - Bain & Co
Careful target selection – based on geography and sector – and increased emphasis on cost controls during ownership will be critical factors for Asian private equity investors as the industry braces for a downturn, according to Bain & Company.
Global PE sees fundraising, performance contraction - McKinsey
Global private equity fundraising contracted 15% in 2022 as McKinsey & Company’s latest private markets annual review painted a bleak picture of the asset class, noting that one-year performance entered negative territory for the first time since 2008.
GPs double down on value creation to maintain returns - AVCJ Forum
Private equity investors must find more operational levers to pull as LPs seek the same if not higher returns from the asset class despite more challenging economic conditions.
Australian LPs get tough on unlisted valuations - AVCJ Forum
Australian LPs are facing more scrutiny as to how they value unlisted assets, prompting several superannuation funds to establish independent valuation teams that operate separately from private equity investment professionals.
Australia's Future Fund posts loss in 2022
Australia’s Future Fund posted a 3.7% loss for the 2022 calendar year amid rising inflation and volatility in public markets – with Peter Costello, the fund’s chairman, warning of further challenges to come.
AVCJ Awards 2022 special issue available for download
A special issue of AVCJ profiling the winners of the 2022 AVCJ Private Equity & Venture Capital Awards is now available for download.
AVCJ daily bulletin returns January 26
AVCJ's daily bulletin will take a short break for the Lunar New Year holiday. Publication will resume on January 26.
AVCJ daily bulletin returns January 5
AVCJ's daily bulletin is taking a short break for the festive holiday season.
LP appetite for Asia weakens - survey
Institutional investor interest in Asia has fallen significantly over the past two years, according to a survey conducted by Probitas Partners, with pan-regional funds, venture capital, and single country-focused funds among the least popular strategies...
Asian family offices seek greater PE funds exposure - survey
More than half of family offices in Asia Pacific plan to increase their exposure to private equity funds next year, according to a survey conducted by Raffles Family Office and Campden Wealth.
AVCJ Awards 2022 - voting has closed
Voting for the 2022 AVCJ Private Equity & Venture Capital Awards has now closed. Many thanks for your participation.
AVCJ daily bulletin returns October 5
AVCJ's daily bulletin will not be published on October 4 due to the public holiday in Hong Kong marking the Chung Yeung Festival.
AVCJ daily bulletin returns September 13
AVCJ’s daily bulletin will not be published on September 12 due to a public holiday in Hong Kong marking the Mid-Autumn Festival.
AVCJ Awards 2022 - nominations have closed
Nominations for the 2022 AVCJ Private Equity & Venture Capital Awards have now closed. Many thanks to all those who participated.
CPPIB puts $236m into Asia co-investments in second quarter
Canada Pension Plan Investment Board (CPPIB) defied the recent slowdown in Asia private equity investment to deploy more than CAD 300m (USD 236m) across five deals alongside portfolio GPs between April and June.
Tech sector troubles hit Vision Fund performance
Valuation corrections across the technology sector globally continue to undermine the Vision Fund series, resulting in parent company SoftBank Group posting its second consecutive quarterly loss and founder Masayoshi Son professing shame at hyping up...
LPs worried by rising fund sizes in Southeast Asia - AVCJ Forum
LPs are encouraged by Southeast Asia’s fast-developing private equity ecosystem, but they are concerned that increases in fund sizes are outstripping that of the addressable market, the AVCJ Southeast Asia Forum heard.
GIC looks to PE to drive returns amid rising inflation
Singapore’s GIC is increasing its private equity allocation as part of a broader alternatives-oriented effort to ensure that returns keep pace with elevated inflation.
Temasek sees portfolio hit new high, warns of global weakness
Temasek Holdings continued its rapid pace of investment over the past year as the portfolio reached a new record high valuation, but the Singapore investor warned of potential difficulties ahead, noting that the global economy is in a “fragile state.”
Asia's Emerald Hill makes top 10 in global fund-of-funds ranking
Emerald Hill Capital Partners, which closed its last fund in 2014 and decided against raising a successor vehicle several years ago, is the sole Asian representative in the top 10 of a global fund-of-funds performance ranking compiled by business school...
