Family office
Family offices: A role for Hong Kong?
Hong Kong’s package of incentives for family offices is intended to redress a balance that has swung in favour of Singapore. Geopolitics is dampening its competitive advantages
Deal focus: Family offices flock to FirstCry
FirstCry’s USD 52m funding round underscores the willingness of certain Indian family offices to lead sizeable technology deals and the importance attached by companies to investor base diversification
Indian family offices invest $52m in FirstCry
Three Indian family offices have committed INR 4.35bn (USD 52.7m) to domestic mother-and-baby retailer FirstCry through a secondary transaction that facilitated a partial exit for SoftBank Vision Fund, among others.
LP interview: India’s Catamaran
Catamaran brings a global, tech-savvy approach to private equity that sets it apart from most Indian family offices. A strong historical focus on digital inclusion is now extending into manufacturing
Tembusu launches Singapore multi-family office
Tembusu Partners, a Singapore-based boutique private equity investment firm, has launched a multi-family office in conjunction with Reuss Private, a Swiss wealth management business.
Hong Kong's VMS pursues institutional upgrade
VMS Group will reach out to fund-of-funds with China or regional mandates for its new flagship private equity fund, which is intended to mark the firm's transition from a platform that primarily serves Hong Kong family offices to one that is more institutional...
LP interview: Escala Partners
Escala Partners is one of a cluster of Australia-based wealth management platforms attracting more attention from private equity fundraisers. Getting on its approved list requires push as well as pull
Hong Kong family office SPAC agrees $27bn merger with Vingroup EV unit
A special purpose acquisition vehicle (SPAC) launched by the family office of Lawrence Ho, son of Macau casino tycoon Stanley Ho, has agreed to merge with the electric vehicle (EV) unit of Vietnam’s Vingroup.
LP interview: North East Private Equity Asia
Seven years ago, Sam Robinson was invited to build a European family office’s Asia private equity portfolio from the ground up. He favoured familiar faces in the small to mid-cap space
Ex-Blue Pool partner targets $200m fundraise
Danny Lee, formerly head of global private equity at Blue Pool Capital, the family office of Alibaba Group co-founder Joe Tsai, has established his own firm and is looking to raise a USD 200m fund.
LP interview: Quilvest Capital Partners
Fund-of-funds Quilvest Capital Partners was an early-mover in PE globally but has maintained a lean profile that speaks to its family office roots. It is pressing ahead with a China and India-focused Asia strategy
2023 preview: Mass access to PE
More individuals will be able to invest in private equity as fund fractionalisation technology matures. But a global downturn, ever-malleable regulations, and blockchain gloom loom large
Dalma Capital buys Singapore's Global CIO Office
Dalma Capital Group, a Dubai-headquartered alternative investment management platform, has agreed to buy The Global CIO Office, a Singapore-based outsourced CIO business that primarily serves family offices.
Raffles Family Office appoints digital assets CIO
Raffles Family Office, a Hong Kong-based multi-family office, has named Zann Kwan as CIO and managing partner of its digital assets unit.
Asian family offices seek greater PE funds exposure - survey
More than half of family offices in Asia Pacific plan to increase their exposure to private equity funds next year, according to a survey conducted by Raffles Family Office and Campden Wealth.
Singapore digital family office platform raises $90m
Arta Finance, a digital family office start-up established by Caesar Sengupta, the Singapore-based former head of Google’s Next Billion Users initiative, has raised USD 90m in Series A funding.
Navis backs Singapore expansion for family office software provider
Navis Capital Partners has led a USD 38m Series C round for Eton Solutions, a US software provider for family offices currently establishing a Singapore office.
GPs must adapt to raise capital from HNWIs - AVCJ Forum
Australia’s high net worth individuals (HNWIs) are becoming a more important source of capital for mid-market private equity firms as superannuation funds face minimum cheque size constraints, but tapping this fundraising channel requires understanding...
LP interview: Pictet
Switzerland-headquartered private bank Pictet is adding headcount in Asia – to assess investments as well as woo clients – as the introduction of new strategies increases exposure to the region
LP interview: Cambooya
The family office that represents members of Australia’s Fairfax family launched its private equity program six years ago. Venture capital, growth equity, and co-investment are increasingly on the agenda
Australia private wealth: Choosing channels
The swelling bank balances of Australia’s high net worth individuals and family offices are an attractive target for private equity. Access is becoming increasingly formalized across the spectrum
India family offices: Tech exposure
Demand for technology exposure among India’s most affluent is intensifying. Family offices may vary in profile, experience, and mode of access, but they all want a piece of the latest hot start-up
Fund focus: Plugging ASEAN family offices into global tech
Family offices have helped iGlobe Partners renew a lean and restrained deep tech VC mandate. A global investee network is hoped to facilitate overseas investments amid travel stoppages
Asia family offices: Unfamiliar territory
The industrial backgrounds of family offices represent a strategic edge but also a potential hinderance to portfolio diversification. The same goes for principal-led governance structures