Asia
Asia more attractive due to Western dysfunction - AVCJ Forum
The Asia opportunity for private equity has become all the more compelling for the political uncertainty blighting Western markets, investors told the AVCJ USA Forum.
Baring Asia, Onex buy Thomson Reuters unit for $3.5b
Baring Private Equity Asia and Canadian buyout firm Onex Corporation have agreed to acquire Thomson Reuters’ Intellectual Property and Science (IP&S) business for $3.5 billion.
CVC backs $1.1b Nirvana Asia take-private
CVC Capital Partners has offered to buy out Hong Kong-listed Nirvana Asia, Asia’s largest funeral services firm, in a cash and stock swap deal worth $1.1 billion.
Farallon raises $1.1b for Asia, Latin America special situations fund
Farallon Capital Management has closed its third special situations fund focused on Asia and Latin America at $1.1 billion.
Tipping points: Asian LPs target the US
While global private equity firms have well-established channels for tapping Asian institutional investors, it continues to be challenging for LPs from this region to access North America's middle-market managers
Intel Capital appoints Anthony Lin as Asia head
Intel Capital has named Anthony Lin, who has been with parent company Intel Corp’s M&A team since 2008, as managing director and head of Asia.
LP interview: Pantheon
Pantheon believes the growing experience of GPs in Southeast Asia comes at just the right time to take advantage of the region’s booming consumption opportunities
Altius to be sold to Canada's Pavilion Financial
Canadian investment services firm Pavilion Financial has agreed to acquire Altius Associates, a PE advisor and fund manager with a presence across Asia Pacific, Europe and North America.
CPPIB appoints Suyi Kim Asia head, names new regional PE lead
Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim and Deborah Orida as managing director, head of Asia and managing director, head of private equity Asia, respectively.
Micro VC: Small is beautiful
Asia's micro VC segment is gaining appeal as diversity among fund managers grows
NewQuest closes Fund III at $540m
Direct secondaries specialist NewQuest Capital Partners has reached a final close of its third fund at the hard cap of $540 million, increasing it from the original hard cap of $520 million in order to accommodate investor demand.
Navis, Symphony buy French furniture brand Christian Liaigre
Navis Capital Partners and Symphony International Holdings have acquired Christian Liaigre Group, a French luxury furniture brand that is looking to expand in Asia, from Bridgepoint Development Capital for an undisclosed sum.
Sovereign funds increase alternatives allocations - survey
Global sovereign wealth funds have continued to cut their investments in bonds and increase their allocations to alternative asset classes, including private equity, infrastructure and real estate, according to a new survey.
The communicators: Investor relations in Asia
GPs in Asia are devoting more resources to investor relations in response to increased reporting requirements and a challenging fundraising environment. But finding the right IR formula is not easy
Corporate VC: A fine balance
Corporations in Asia increasingly see the merits of captive VC units, but they must be clear in their financial and strategic objectives in order to give teams the right combination of autonomy and guidance
CPPIB names Asia, international head Mark Machin as CEO
Mark Machin, head of international and Asia president at Canada Pension Plan Investment Board (CPPIB), will become the pension fund’s next global president and CEO. The appointment comes as CPPIB’s annual report indicates a continued ramp up in its Asia...
Profile: Navis Capital Partners' Nick Bloy & Rodney Muse
Nick Bloy and Rodney Muse have spent 18 years as managing partners of Navis Capital Partners. They see mutual respect, friendship and a consistent investment strategy as the key to this longevity
Hamilton Lane appoints three managing directors in Asia
Hamilton Lane has promoted three Asia-based professionals – Tomoko Kitao, Mingchen Xia (pictured) and Josh Jacob – to managing director.
LP interview: Ontario Teachers' Pension Plan
As Ontario Teachers’ Pension Plan fortifies itself for the future, the LP is focused on playing an active role introducing innovations and progress to Asia’s private equity sector
BlackRock eyes Asia with $630m global buyout fund
BlackRock has raised more than $630 million for a direct co-investment buyout fund aimed in part at investments in emerging Asian markets.
LPs slow new commitments to emerging markets PE - survey
Investor sentiment on emerging markets private equity appears to be weakening, with 40% of respondents in EMPEA’s global limited partners survey planning to increase commitments to fund managers in 2016, down from 46% last year.
New kids on the block: Accessing Asia's emerging LPs
Patience is a virtue when looking for allocations from Asian institutions that are either new to private equity or planning to increase commitments to the asset class
Asian LPs eye more alternatives – UBS
Large institutional Asian LPs are looking to boost allocations to alternative assets, including private equity, as they seek to diversify portfolios in response to economic volatility, according to UBS Asset Management.
Two thirds of Asia PE professionals expect pay rises in 2016 - survey
Nearly two thirds of private equity professionals in the Asia Pacific region expect an increase in base salary this year, with mid-level executives – vice presidents, principals and directors – the biggest driver.