Performance
Will buyouts boss the 2013 India Awards?
India buyouts have crossed the $1 billion threshold in only two years since private equity first came to the country. Those years were, unsurprisingly, 2006 and 2007, the peak of the pre-global financial crisis boom, when total PE investment reached $7.7...
Nominations for the AVCJ India Awards - final call
Nominations for the 2013 AVCJ India Awards close today. This is the industry's last chance to highlight the leading fundraises, investments, exits, professionals and firms of the last 12 months.
AVCJ daily bulletin returns October 3
There will be no AVCJ bulletin on October 1 due to a public holiday in Hong Kong marking China's National Day.
PE managers target diversification through greater transparency
Private equity fund managers are placing greater emphasis on transparency – specifically more frequent and detailed reporting on fund holdings and associated risk factors – as a means by which to differentiate themselves in a challenging fundraising environment....
26th AVCJ Private Equity & Venture Forum, Hong Kong
The AVCJ Private Equity & Venture Forum is the largest and most influential gathering of Asian-focused private equity and venture capital industry professionals in the world today.
AVCJ daily bulletin returns September 23
There will be no AVCJ bulletin on September 20 due to a public holiday in Hong Kong marking the Mid-Autumn Festival.
CalSTRS alters allocation to favor inflation sensitive, illiquid assets
The California State Teachers’ Retirement System (CalSTRS) will recalibrate the long-term allocation targets of its $170 billion investment portfolio, placing greater emphasis on inflation-sensitive and illiquid assets at the expense of equities and fixed...
Nominations for the 2013 AVCJ Awards close today
Nominations for the 13th AVCJ Private Equity & Venture Capital Awards close today.
China Everbright's private markets business sees profit spike
China Everbright's private market business - which includes a variety of PE, VC and sector funds - generated a pre-tax profit of HK$205 million ($26.4 million) in the first half of 2013, up 17% year-on-year.
GP turnover delivers improved fund performance - study
High turnover among GPs leads to improved fund performance, according to a new study conducted by Capital Dynamics and the London Business School (LBS). While the findings appear to turn the prevailing notion that stable teams deliver the best returns...
Singapore's GIC refines investment approach
GIC Private, the Singaporean sovereign wealth fund, has recalibrated its investment framework, splitting its portfolio into three strategies intended to strike a balance between its risk and return expectations, long-term investment objectives and desire...
CIC returns to profit in 2012 on back of equities boost
China Investment Corp. (CIC) has returned to profit, reporting an annual return of 10.6% on its overseas investments last year thanks to a rally in global equities. The sovereign wealth fund saw a cumulative annualized return of 5.02% for 2012, up from...
AVCJ daily bulletin returns July 2
There will be no AVCJ bulletin on Monday July 1 due to a public holiday marking the establishment of Hong Kong Special Administrative Region.
AVCJ China Awards: PE professional of the Year – Homer Sun
Somewhat unusually for Morgan Stanley Private Equity Asia’s (MSPEA) China team, the last 12 months have been dominated by buyout deals. Leading Beijing convenience store chain Hi-24 was acquired last November through a corporate carve-out and then two...
CIC's head of PE sees opportunities in Europe
The challenging fundraising environment means it is a good time to target private markets, and Europe in particular, according to the head of China Investment Corporation's (CIC) private equity investment department.
FountainVest scoops top AVCJ China Awards
AVCJ China Awards: Morgan Stanley PE Asia’s Homer Sun named PE Professional of the Year; the consortium behind Alibaba Group’s buyback win top deal honor; Carlyle gets exit award for China Pacific Insurance
FountainVest scoops top AVCJ China awards, targets more buyouts
FountainVest Partners claimed the Firm of the Year and US dollar fundraising prizes at the 2013 AVCJ China Awards, which were presented in Beijing yesterday as part of the AVCJ China Forum. Homer Sun, CIO of Morgan Stanley Private Equity Asia (MSPEA),...
AVCJ daily bulletin returns May 20
AVCJ's daily bulletin will not be published on Friday May 17 due to the public holiday in Hong Kong.
Have your say in the AVCJ China Awards
The China take-private, at least among companies listed in the US, is a relatively new phenomenon in private equity. As it stands, six - soon to be seven - deals have been successfully concluded and a further seven have received board approval, with only...
Canary in the coal mine: GP economics under stress
Still dealing with the fallout from a fundraising boom, mid-market PE firms in Asia face the prospect of smaller vehicles in coming vintages, and team volatility comes as part of the package
Voting for the AVCJ China Awards closes today
Voting for the 2012 AVCJ China Private Equity & Venture Capital Awards closes today. Members of the region’s private equity community have until 6 p.m. Hong Kong time to decide on the leading fundraising, investments, exits, individuals and firms in China...
AVCJ daily bulletin returns May 2
AVCJ's daily bulletin will not be published on Wednesday May 1 due to the Labor Day public holiday in Hong Kong.
NSSF assets tipped to reach $806b by 2020
China's National Council for Social Security Fund (NSSF) will see its assets swell to as much as RMB5 trillion ($806 billion) by 2020, driven by contributions from state-owned enterprises (SOEs), according to the fund's former chairman.
China's NSSF assets top $178b in 2012
China’s National Council for Social Security Fund (NSSF) reported a 7% investment return in 2012, its best performance in three years, as total assets under management topped RMB1 trillion ($178 billion) for the first time.