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NEA kicks the slump
The world’s largest VC firm, New Enterprise Associates, has announced the final close of its latest global fund, New Enterprise Associates XIII, at just under $2.5 billion, bringing its total committed capital to some $11 billion.
Rebecca Xu of Asia Alternatives on China
Rebecca Xu, one of the three co-founding MDs of independent fund of funds Asia Alternatives Management, describes her firm's edge in the PRC market and her assessment of the opportunities and developments there.
Dragon Capital sees co-founder Shrimpton resign
One of the founding partners of Vietnam-based Dragon Capital, John Shrimpton, has announced he will resign after a management reorganization.
Johann Bastin of CIMB Standard
Johann Bastin, CEO of CIMB Standard Strategic Asset Advisors, speaks about the role of CIMB Standard as a shariah-compliant fund.
Kendall Court's Chris Chia speaks
Chris Chia, Managing Partner at Kendall Court Capital Partners, speaks about the firm's investment strategies.
HarbourVest makes promotions as Delbridge steps back
HarbourVest Partners has given several Asia-based executives wider roles, as one of its pioneering investors in the region moves to a less active position.
IIP hires Cornell for India
India Investment Partners (IIP), an India-focused fund manager, has invited David Cornell, who formerly worked with asset management firm Henderson New Star, to join its team in London.
3i exits PCD Stores through Hong Kong IPO
Four years after an original investment of $31 million, 3i Group has exited its stake in PCD Stores, a luxury department store chain in China, through an IPO on the Hong Kong Stock Exchange.
Actis to lose Branigan in Singapore
Actis’s Singapore-based Partner and Southeast Asia head Alun Branigan is reportedly due to leave the firm by end 2009, his future destination unknown.
GOME ex-CEO charged
Huang Guangyu, the founder and former CEO of Bain Capital investee GOME Electrical Appliances Holding Ltd., one of China’s largest electronics retailers, has finally officially been charged with bribery and insider trading.
India or bust?
The 10th Annual AVCJ India Forum echoed what many in the industry have long been saying: private equity in India is truly a world unto itself.
CalPERS commits to SAIF
Leading US LP the California Public Employees' Retirement System (CalPERS) has reportedly agreed to commit $120 million to SAIF Partners IV, the new fund being raised by SAIF Partners for growth capital and late-stage VC investments in China and India....
Prudential Vietnam hires head of property fund
Former Executive Director of premier property developer Guocoland Malaysia Bhd, Seth Lim, has joined Prudential Vietnam Fund Management Company as Director, responsible for managing the PRUPIM Vietnam Property Fund.
Industry Q&A: Luis Miranda
During the 2009 AVCJ India Forum, Christina Kautzky spoke with Luis Miranda, President & CEO of IDFC Private Equity, about opportunities in infrastructure and the role of the government in making the space more commercially viable for the private sector....
Hopu engages ex-ambassador Randt
Leading $2.5 billion PRC opportunistic private equity fund Hopu Investment Management has engaged Clark T. “Sandy” Randt Jr., the former US Ambassador to China under President George W. Bush, as its new special advisor.
China au contraire with Dr. Jim
Asianomics founder Dr Jim Walker gives disturbing heft to the idea that appearances can be deceiving, and never more so than with economic assumptions in Asia
Chepstow team builds on shared mid-market experience, strategy,
Vincent Warner and Josephine Price’s recently launched Chepstow Capital has drawn key players from both of their former firms.