Asia
Q&A: Hamilton Lane's Hartley Rogers
Hartley Rogers, chairman of Hamilton Lane, discusses how the global fundraising boom reflects a larger private equity investment opportunity and why LPs are honing their approaches to the asset class
Singapore's AdAsia closes Series A at $14.5m
Singapore-based advertising technology company AdAsia Holdings has closed its Series A funding round at $14.5 million after receiving a $2.5 million investment from angel investor Hisanori Watanabe and Japanese news app provider Gunosy.
LP interview: Ardian
Ardian has raised large amounts of capital on the basis of a big-ticket secondaries strategy. Jan Philipp Schmitz, a managing director with the firm, discusses where investor demand is heading
Oaktree plans Asia growth with caution
Oaktree Capital Management CEO Jay Wintrob has singled out China and India as prospective jurisdictions for increased investment activity due to local regulatory progress, even as a number of converging macro themes inspire a more cautious overall approach....
PE and AI: The machinists
After decades of tantalizing but patchy progress, artificial intelligence is finally seen as ready for mass commercialization. Investors must now weigh an unmissable opportunity with a world of uncertainty
Fund focus: Asia Alternatives in speedy fundraise
Asia Alternatives has secured $1.8 billion for its latest fund-of-funds in less than five months on the market
Asia Alternatives closes $1.8b fund-of-funds
Asia Alternatives has reached a final close of $1.8 billion across its fifth private equity fund-of-funds and a number of related vehicles.
GP-led secondaries: Stigmatized no more
Traditionally perceived as a recourse for private equity firms in trouble, GP-led secondary transactions are starting to be used by brand-name managers as a liquidity solution for LPs
ADB re-ups in OrbiMed's Asia healthcare fund
The Asian Development Bank (ADB) has invested $60 million in OrbiMed Asia Partners III, the third Asian private equity fund of healthcare-focused GP OrbiMed.
Jeneration Capital hires former Coatue Asia head
Jeneration Capital Management, which sources the bulk of its funding from Chinese technology entrepreneurs, has appointed Tony Zhang as a partner. He was previously head of Asia at Coatue Management.
GP-LP: Dangerous liaisons
A diverging supply-demand dynamic in private equity fundraising is threatening the GP-LP alignment of interest. Concessions on both sides are needed in the interests of long-term stability
OrbiMed closes third Asia healthcare fund at $551m
Healthcare-focused investment firm OrbiMed has closed its third Asian private equity fund with $551 million in commitments.
Baring Asia, CPPIB complete Nord Anglia acquisition
Baring Private Equity Asia and Canada Pension Plan Investment Board (CPPIB) have completed their $4.3 billion privatization of US-listed Nord Anglia Education, a school operator in which Baring Asia was already majority shareholder.
Asia Pacific pension fund assets hit $3.7t
Assets held by the largest pension funds and sovereign wealth funds in Asia Pacific increased 7% year-on-year – outpacing the global growth rate of 6.1% - to $3.7 trillion in 2016 on the back of strong, though volatile, equities markets.
Australia's Alium raises $79m venture fund
Australia-based Alium Capital has received A$100 million ($79 million) in commitments for its debut venture capital fund, meeting the targeted corpus.
Macquarie receives $300m for Asia infra fund
Australia’s Macquarie Infrastructure and Real Assets (MIRA) has launched a new Asia infrastructure fund with a $300 million cornerstone LP commitment from Canada’s Alberta Investment Management Corporation (AIMCo).
Co-working spaces: Space jam
Amid the proliferation of co-working spaces in Asia and soaring valuations, investors must prepare for the inevitable industry shakeout
NYSTRS to invest $100m in ADV's second Asia fund
New York State Teachers’ Retirement System (NYSTRS) has disclosed a commitment of $100 million to ADV Partners’ second Asian special situations fund. The PE firm closed its debut vehicle at $545 million in 2015.
Q&A: Permira's Alex Emery
Alex Emery, head of Asia at Permira, on global funds versus regional funds, escalations in dry powder and deal size, and how to lay the ground for when the current bull run inevitably comes to an end
PennSERS commits $100m to Asia Alternatives
Pennsylvania State Employees’ Retirement System (PennSERS) has extended its long-standing relationship with Asia Alternatives, allocating $50 million to the firm’s latest fund-of-funds product and a further $50 million to a separate account.
Alternatives: Times of plenty
The Willis Towers Watson global alternatives survey offers few surprises in terms of where investors are putting their capital, but there are some interesting developments in which investors are providing it
Partners Group raises $7b for direct PE deals
Partners Group has achieved a close of EUR6 billion ($7 billion) on its latest direct private equity fund. It is the firm's largest fundraise to date.
LP interview: Allstate Investments
Allstate Investments has gradually increased its exposure to private equity – and Asia specifically – over the last 12 years or so, but the current bullishness around the asset class is cause for concern
Carlyle targets $5b for Asia buyout fund
The Carlyle Group is looking to raise $5 billion for its fifth Asia buyout fund. The private equity firm closed its previous pan-regional vehicle at $3.9 billion in 2014 after more than two years of fundraising.