HNWIs
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: The road to retail
From B2C aggregation platforms to nascent blockchain-based products, solutions that bring alternatives to the mass market are emerging. Providers prefer to be labeled enablers than disrupters
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
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
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.
Baring Asia gets $300m fund commitment via HSBC private bank
HSBC Private Banking has raised approximately $300 million from its clients for Baring Private Equity Asia’s latest pan-regional fund.
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.
Family ties: Asian family offices as LPs
As wealth in Asia has grown, so has the number of family offices. As these investors become more institutionalized, what can they do for private equity and what can private equity do for them?
Private equity and Asia’s new rich
On two occasions last week, fund managers told me they were looking to attract capital, but not from the standard institutional LP. Is this a coincidence or the start of a new trend? It’s not yet clear. But one contributing factor of which we can be...
