Family office
Fund focus: 9 Basil targets Thai distress
9 Basil's predictions of distress in Southeast Asia have been realized faster than anticipated due to COVID-19. The Thai manager is now gauging the likely impact of social unrest
Thailand’s 9 Basil raises $120m for debut fund
9 Basil, a Thailand-based GP launched last year by local multi-family office Blueprint Forest, has raised $120 million for its debut fund.
Alternative fund structures: Alternate universe
Irregular fund structures, including single-asset platforms, are often the most appropriate inroad for investors in developing Asia. But it has taken a pandemic to bring them to the fore
Joseph Wan leaves Cinven, forms Hong Kong family office
Joseph Wan, previously a Hong Kong-based operating partner for European private equity firm Cinven, has established a multi-family office called Anchor Strategic Partners.
Family offices: The IT crowd
Asia's family offices have benefited by going big on growth capital and venture, leveraging technology trends in the region. However, not all family money is smart money
Asian family offices lead on performance, growth capital exposure
Family offices in Asia Pacific and emerging markets were the strongest performers globally last year and they are also leading the charge into venture and growth-oriented investments, according to UBS and Campden Wealth’s latest global family office...
Family offices: Character actors
Family offices are driven by personalities and ideals that cannot be understood as part of an industry pattern. Relationship building is therefore more intimate than transactional
PE exposure helps Asian family offices outperform peers - survey
Asian family offices outperformed their counterparts globally in 2017 thanks to their relatively high exposure to private equity and emerging market public equities, according to a survey.
Tech entrepreneurs and family offices: Collective might
Investment firms are emerging in Asia that leverage the collective wealth, knowledge and networks of the region's most successful internet entrepreneurs. These are family offices, but not necessarily in the traditional Western model
Singapore's RE Lee Capital launches alternatives program
Singapore-based RE Lee Capital has confirmed it will launch a series of alternative asset investment products across the next three months and commit up to $60 million to pre-seed technology start-ups.
China family offices: In the money
Having made their fortunes turning start-ups into internet behemoths, Chinese tech founders are increasingly turning to family office structures for wealth management. It is an evolutionary process
Indian family offices: Family matters
The shift from blind pool funds to direct investments doesn’t reflect the preferences of all Indian family offices, but exposure to fast-growing technology start-ups is an increasingly powerful draw
GPs should take more care when targeting family offices - AVCJ Forum
Family offices represent an attractive and flexible source of capital for private equity firms, but GPs could do more to ensure the opportunities they pitch are a good fit for their audience.
Family offices want flexible solutions from PE - AVCJ Forum
Australian family offices and high net worth individuals (HNWIs) represent a huge potential source of capital for private equity, but GPs must be flexible in terms of the products they offer.
The hybrids: GPs seek to work with Australian family offices
Australia’s lower middle market is rich in investment opportunities but underpenetrated by private equity. Local family offices are increasingly keen on participating, although in their own way
LPs see limitations as well as opportunities in Asia co-investment
Co-investment opportunities are increasing in Asia, with LPs pushing for direct exposure to deals and GPs more willing and able to bring them in, but they do not appeal to all institutional investors.
Family offices becoming more effective PE investors - AVCJ Forum
Family offices investing in Asia are improving their understanding of private equity and bringing increasingly sophisticated approaches to the asset class, industry professionals told the AVCJ Forum.
GPs must be prepared to listen when pitching family offices - AVCJ Forum
Private equity firms must take the time to understand their audience when pitching funds to family offices, leading industry practitioners told the AVCJ USA Forum.
Relationships key to raising capital from family offices - AVCJ Forum
Relationship-building should underpin fundraising efforts targeting family offices, with an emphasis on understanding individual needs and motivations, industry participants told the AVCJ Australia & New Zealand Forum.
Direct exposure: Family offices and co-investment
Wary of blind pools and keen to play a more active role in private equity, family offices are considering direct investment opportunities. Strategies and capabilities vary, as does the level of risk
Sam Robinson joins North-East Family Office from Aberdeen
Sam Robinson, previously head of regional private equity fund investment at Aberdeen Asset Management, has joined North-East Family Office as managing partner for Asia.
Family office fundraising: Face to face
Dealing with a family office can be uniquely challenging for GPs. Managers who want success have to be able to handle the unique dynamics of this situation
High PE exposure drives Asia family office performance - study
Family offices in Asia Pacific produced the second-best performance globally in 2014, in part due to their relatively large private equity exposure, according to a new report.
Indian LPs: Commitment issues
Proposed reforms of investment guidelines for India’s pension system suggest that more domestic capital could flow into the asset class. But is the country’s wider LP community really warming up to PE?