Due diligence
Indonesia VC: Institutional upgrade?
Having won early support from as assortment of local conglomerates, Indonesian venture capital firms must now demonstrate their independence when pitching international LPs
Generative AI in due diligence: Crunching new numbers
Private equity is rediscovering artificial intelligence as a due diligence tool in the wake of ChatGPT. Data security, legal, and technical risks have curbed uptake somewhat, less so for venture
LPs’ ESG checklists get ever more intricate – AVCJ Forum
LPs want more nuanced emissions measurement from their portfolio managers, the AVCJ ESG Forum heard.
GP selection: Discriminating customers
Sizeable LPs are hardening their criteria for fund commitments in reaction to a tougher investing environment. But going with fewer, deeper relationships is an uphill climb
ESG in M&A: Eloquent exits
Private equity firms are increasingly presenting portfolio companies’ sustainability credentials in a prepared and formal way in trade sale situations. It appears to be worth the trouble
Emerging Asia start-ups: Governance revisited
Even a modest cooling off from tech investment euphoria experienced in the peak of the pandemic could reveal big cracks in Asian start-up markets. Diligence efforts are ramping up, but is it enough?
Asia PE firms must get smart, integrated on due diligence - Bain & Co
GPs must take a more comprehensive and integrated approach to due diligence in Asia if they are to find ways of driving operational improvement in companies and justify lofty entry valuations amid mounting economic uncertainty, according to Bain & Company.
Diversity & inclusion: Acting with intent
GPs are looking to build teams representing different genders, ethnicities, and backgrounds as stakeholders call for more diversity and studies suggest it leads to better decision making
2022 preview: ESG
Keeping tabs on sustainability credentials at the portfolio and company level will become more data-driven and collaborative. Eventually, getting results will require greater sacrifices
ESG best practice: From global to granular
The value creation-driven PE playbook on ESG in Asia converts marginal gains into big picture policy wins – provided investors focus on the right areas and the flow of information isn’t stymied
Asia fundraising: Fortune favors the bold?
LPs cannot survive indefinitely on re-ups and new commitments to managers they know well. Questions are being asked internally as to what it would take to back an Asian GP sight unseen
PE & gambling: Ante up
Private equity has exhibited consistent appetite for gambling-related assets amid pandemic-fueled uncertainty. Regulation remains a significant wildcard in Asia. Reputational risk, not so much
ESG scoring: Measured approach
Investors are encouraged to keep experimenting in quantifying and qualifying the real-world outcomes of their sustainable investment programs. Every report is imperfect yet worthwhile
Fundraising talent: New calls of duty
The trend toward more stringent due diligence in recent years has maximized fundraising complexity at a time when the professionals involved must adapt to unfamiliar virtual forums
China due diligence: Nightmare scenarios
Luckin Coffee’s precipitous rise and fall is a reminder of longstanding issues around corporate fraud in China. Failing to spot problems before they emerge remains a key concern for PE investors
Coronavirus & due diligence: Split screen
Finding the right balance between offline and online communication for completing due diligence processes is a tricky endeavor for PE and VC investment professionals in Asia
Virtual realism: Realizing investments remotely
Does Capricorn Capital's recent acquisition of a Hong Kong corporate services business, which was negotiated and transacted via Zoom, represent the future of dealmaking? Only if due diligence processes are uncompromised