LPs
LPs favour co-invest, secondaries as allocation appetite warms - survey
LPs are more willing to allocate to private markets strategies compared to a year ago, although co-investment and secondaries are prioritized over buyout and venture, according to a global survey by Goldman Sachs Asset Management (GSAM).
Japan's JST builds $451m alternatives portfolio in debut year
University endowment Japan Science & Technology Agency (JST) put JPY 9.96trn (USD 69.7bn) to work in its first 12 months in operation, with JPY 64.3bn going into alternatives.
Alibaba-backed eWTP pursues $1bn in VC fundraise
EWTP Arabia Capital, an investment arm of the Electronic World Trade Platform (eWTP) backed by Alibaba Group and Saudi Arabia’s Public Investment Fund, has raised nearly USD 1bn for an Asia-Middle East fund.
China investors see primary, secondary valuation mismatch - AVCJ Forum
Investors told the AVCJ China Forum they believe low valuations in the country’s secondary markets will begin to appear in the primary market. But they are positive on the long-term.
LPs look for signs of maturity in Vietnam PE - AVCJ Forum
Institutional investors are encouraged by the progress Vietnam has made in terms of macroeconomic stability and ease of doing business, but they are still waiting for the local private equity ecosystem to reach its next level of maturity.
LP interview: Hermes GPE
Hermes GPE is leaning into Asia as the region proves relatively successful in deflecting COVID-19. This entails a greater focus on growth capital, country funds, and defensive sector targeting
LP interview: Canada Pension Plan Investment Board
For Canada Pension Plan Investment Board, COVID-19 has reinforced the key tenets of its Asia investment strategy, from being flexible on timeline to putting boots on the ground
Raffles Family Office backs Hong Kong co-working space player
Hong Kong-based multi-family office Raffles Family Office will invest $15 million in local co-working space operator WorkTech.
Australia's Square Peg confirms $237m close for Fund II
Australia’s Square Peg Capital has secured two new superannuation fund backers for its second fund, which has closed at A$340 million ($237 million).