Asia
Bank of Tokyo-Mitsubishi commits $30m to Asia climate fund
Bank of Tokyo-Mitsubishi UFJ (BTMU) has committed $30 million to Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Japan’s Orix Corp, and Robeco Institutional Asset Management.
ADV in $545m final close on debut Asia fund
ADV Partners has reached a final close of $545 million on its debut pan-regional fund, exceeding the $500 million target. Approximately 30% of the corpus has already been deployed.
Asian GPs improving on ESG awareness - AVCJ Forum
The impetus for environment, social and governance (ESG) issues achieving greater prominence in PE comes from Europe, but Asian GPs are not necessarily so far behind their counterparts in developed markets.
Q&A: PRI's Fiona Reynolds
The UN-sponsored Principles for Responsible Investment (PRI) initiative has extended its coverage into private equity in recent years. Managing Director Fiona Reynolds offers a snapshot of her findings
Public markets and ESG: The bourse bites back
With regulators toughening their stance on compliance, PE investors in Asia may have to place as much emphasis on environmental, social and governance (ESG) issues for public market exits as they do for trade sales
OTPP names Nicole Musicco as Asia head
Ontario Teachers' Pension Plan (OTPP) has appointed Nicole Musicco as managing director for Asia-Pacific and head of the Hong Kong office.
2015 AVCJ Awards - last call for nominations
Nominations for the 2015 AVCJ Private Equity & Venture Capital Awards close today, September 23. The deadline has already been extended once and will not be extended again.
Headland suspends fundraising on seventh pan-regional fund
Headland Capital Partners has suspended fundraising for its seventh fund in order to focus on generating returns from its existing portfolios.
Q&A: Warburg Pincus' Charles R. Kaye
Charles R. Kaye, co-CEO at Warburg Pincus, discusses the growing importance of Asia to his firm, valuation bubbles in the technology space, and changes in the GP-LP relationship
Asia secondaries: Worth the wait?
A host of pure-play and multi-strategy managers have allocated more resources to Asia in recent years to capture the nascent secondaries opportunity. The region if offering more but has yet to reach full maturity
Big deals: Buyouts, tech transactions and the AVCJ Awards
Starting with the acquisition of Japan Telecom’s fixed-line business in 2003, Asia has seen 29 buyouts of $2 billion or more, although about 10 of those could be classified as large-scale infrastructure deals somewhat removed from the corporate private...
Auda to be brought under HQ Capital brand
Auda International, the private equity arm of the Harald Quandt family, has been folded under the HQ Capital brand alongside its sister alternative investment businesses.
VIDEO: Warburg Pincus' Charles R. Kaye
Twenty years after Warburg Pincus set up shop in Asia, the region accounts for one third of the firm’s headcount and approximately one third of its most recent global fund. However, Charles R. Kaye, co-CEO of Warburg Pincus, is non-committal when asked...
Partners Group-owned Trimco buys A-Tex from Polaris
Trimco, a Hong Kong-headquartered garment label manufacturer controlled by Partners Group, has agreed to buy industry peer A-Tex from Europe-based Polaris Private Equity.
Nominations open for the 15th AVCJ Awards
Following a significant change in format last year, the 2015 - and 15th - AVCJ Private Equity & Venture Capital Awards features just one new prize. The venture capital deal of the year category has been split in two: early stage technology and late stage...
Kerogen to invest $100m in North Sea gas developer
Kerogen Capital, a Hong Kong-headquartered energy investor, has committed up to $100 million to Zennor Petroleum, an exploration and production (E&P) company that focuses on the UK’s North Sea area.
The race to stay relevant
The last couple of weeks have been relatively slow as the industry shakes off the summer doldrums. We are now beginning to see more activity on the deal-making front, as well as a few interesting fund launches such as Chang Sun’s new China agribusiness...
Q&A: Terra Firma's Guy Hands
As Terra Firma prepares to return to market, Guy Hands, the firm’s founder and chairman, explains why the changing GP-LP dynamic requires more flexibility on structures and fees, and GPs with more skin in the game
Fund focus: CDIB's differentiated middle-market play
It was 2008 and CDIB Capital, the PE arm of Taiwan’s China Development Financial (CDF), had been looking at potential investments in the online gaming space. However, most of the companies it found were overvalued or deemed too risky because their livelihoods...
SoftBank: Venture legacy
SoftBank’s direct investment activity has shifted towards later-stage deals and it is expected to remain there. But the Japanese technology giant has not given up on its VC affiliates and subsidiaries in Asia
LP interview: Germany's DEG
Active in Asia for 50 years, German development finance institution DEG can claim a role in the emergence of PE in the region. Singapore-based Marcus Bracht explains how its strategy has evolved since then.
Worst case scenarios: How GPs recover value
There are various ways for PE investors to seek legal recourse against portfolio companies that have behaved improperly – provided they have structured deals properly and don’t mind getting their hands dirty
Graybeards: External directors and PE portfolio companies
Just over eight years ago, I penned an article for another publication on the role of independent directors at Chinese state-owned enterprises (SOEs). This was mid-2007, and China Construction Bank (CCB), Bank of China (BoC) and Industrial & Commercial...
PE investors must think more deeply about value-add - AVCJ Forum
PE and VC firms should think more carefully about how they can add value to portfolio companies, using their board representation as a tool for constructive guidance as much as oversight, industry participants told the AVCJ Singapore Forum.