HNWIs
Japanese digital alternatives platform gets pre-Series A
Luca, a Japan-based fundraising platform that aims to give local high net worth investors access to alternatives, has received seed-stage funding from VC investors.
Partners Group strengthens Japan private wealth coverage
Partners Group has recruited Tatsuro Aoyama to its private wealth team in Japan with a brief to build out relationships with local distribution partners.
Blackstone's Ed Huang switches to Asia private wealth role
Ed Huang, who has spent the last two-and-a-half years as COO of The Blackstone Group’s Asia private equity business, will become the firm’s head of private wealth solutions for the region.
LP interview: Koda Capital
Australian wealth management platform Koda Capital eschews mainstream private equity in favour of more obscure alternatives, but what the firm really wants are managers that understand its needs
Fund focus: Epiq renews brute force India tech strategy
Epiq Capital has closed its second VC fund aimed at identifying India’s future tech unicorns early and buying in when the path to a large IPO comes into focus. Access and selection are the secret sauce
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
Partners Group hires Greater China fundraisers
Partners Group has added fundraising bandwidth in Greater China, recruiting Jin Wang as a managing director responsible for institutional coverage and making two private wealth hires.
Australian HNWIs want more PE exposure, but obstacles remain - AVCJ Forum
Private equity may not be proven in the eyes of Australia’s high net worth investors, most of whom haven’t been exposed to the asset class across multiple cycles, but it earned wider recognition last year as public equities and fixed income struggled....
Entrepreneur First raises $158m, targets SE Asia
UK-headquartered incubator Entrepreneur First (EF) has raised USD 158m, targeted in part at investment in Southeast Asian start-ups and expanding its reach in the region.
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: Hywin Holdings
US-listed Hywin Holdings is plugging China’s rich into private asset classes one handshake at a time despite increasing digitisation in this wealth migration theme. PE is a fast-growing slice of the pie
Singapore's Fullerton tokenises PE fund-of-funds
Singapore’s Fullerton Fund Management has tokenised its latest private equity fund-of-funds, allowing for a minimum commitment size of USD 10,000.
Private wealth: Talent war
A shortage of fundraisers familiar with the high-net-worth segment is being keenly felt in Asia as global GPs look to raise more capital through private bank channels
Temasek's Seatown targets mass affluent with latest fund
Seatown Holdings International, an affiliate of Singapore’s Temasek Holdings, will welcome commitments as small as USD 100,000 from mass affluent investors in its latest fund.
Asia to account for 37% of global HNWI PE commitments by 2025 - study
High net worth individual (HWNIs) contributions to private equity are growing faster in Asia Pacific than anywhere else, with the region set to account for 37% of global commitments by 2025, up from 26% in 2020, according to a study by Boston Consulting...
Blue Owl recruits Pak-Seng Lai from UBS
Blue Owl Capital, a US alternatives manager expanding its Hong Kong operations, has hired Pak-Seng Lai, a managing director at UBS, to head its Asia Pacific private wealth business.
Blackstone buys majority stake in Indian wealth manager
The Blackstone Group has acquired a majority stake in Indian wealth manager Ask Investment Managers, taking out positions held by Advent International and other investors.
Singapore's Azalea raises second fund-of-funds
Temasek Holdings-owned Azalea Asset Management has raised USD 805m for a second fund-of-funds intended to broaden investor access to private equity.
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
Australia's Five V raises $398m for Fund IV
Five V Capital, a growth-oriented investor in Australia and New Zealand, has achieved a first and final close on its fourth fund with more than A$550 million ($398 million) in commitments.
HNWIs & private equity: Access all areas?
The private equity industry wants more efficient and inclusive ways to raise high net worth money than private bank feeder funds. Technology, in different ways, might provide the answer
HSBC closes $250m global PE fund
HSBC has closed a $250 million private equity fund that will make primary, secondary and direct co-investments across multiple geographies, sectors and strategies.