LPs
Hamilton Lane to ramp up Asia allocation to 15%
US-based gatekeeper Hamilton Lane is planning to allocate around 15% of its global portfolio to Asia, as investors look to capitalize on higher growth in the region.
LP interview: Ontario Teachers' Pension Plan
Ontario Teachers’ Pension Plan (OTPP) is arguably the most aggressive direct investor in Asia among the North American pension funds. The strategy is designed avert a funding shortfall at home
Asian private equity: Education never ends
It is common knowledge that Asian private equity has been going from strength to strength, generating returns that compare increasingly favorably to those of Western Europe and the US. Indeed, recent figures published by Cambridge Associates suggest that...
Fund-level due diligence: More than ticking boxes
Corrupt deals, agreements with the dishonest and lackluster returns can all be avoided by doing sufficient due diligence on a GP. But advisers say LPs in Asia sill aren’t doing enough
The revolving door: Chinese LPs and talent retention
Employing people in China, especially at junior level, is an illuminating experience. Job notices provoke a barrage of resumes crammed with work experience. After the customary 30-second scan, you are forced to blink and re-read, asking yourself, “How...
Japan's GPIF considers alternative investments
Japan’s Government Pension Investment Fund (GPIF), the world’s biggest pool of retirement savings, is considering diversifying into alternative assets, including private equity. A GPIF executive told AVCJ that a consultation project began in September...
Australian infrastructure: Changing tastes
Australia’s superannuation funds are active infrastructure investors, but the size and nature of commitments to the asset class are influenced by past experience, available resources and risk appetite
Australian Super CEO hits out at PE fees
The chief executive of Australia’s largest industry superannuation fund has criticized the level of fees charged by private equity fund managers and argues that their compensation model needs to change.
Asia, Middle East investor group buys 10% stake in CVC
A group of investors has purchased a 10% stake in CVC Capital Partners as the private equity firm seeks to deepen ties with existing LPs, potentially making it easier to raise capital for future funds. It follows moves by TPG Capital and Apax Partners...
KT, NPS, Korea Post set up outbound M&A fund
Korean telecom giant KT Corporation has teamed up with the National Pension Fund (NPS) and Korea Post to form a KRW1 trillion ($883 billion) fund that will make acquisitions overseas. It is the latest of several initiatives launched by Korean corporations...
Anubha Shrivastava leaves CDC
Anubha Shrivastava has left CDC, the UK government's development finance arm, where she served as managing director with responsibility for Asia investments.
Qianhai offers RMB funds fast track
Renminbi-denominated private equity funds will get special dispensation to raise capital in Hong Kong through a new pilot project in Shenzhen. As ever, the devil is in the detail, which has yet to be fully explained
PE firms hedge their bets
Numerous private equity and hedge funds are pursuing alliances with one another in Asia. Could a multi-strategy approach be the golden strategy for the region’s investment environment?
Asia's first secondary real estate trading platform launches
Asia Pacific’s first trading platform for buyers and sellers of secondary interests in real estate funds was launched this week by Jones Lang LaSalle.
Offshore investors: Leap into the unknown
With commitments from domestic LPs easing off, Australian, Japanese and Korean GPs are looking to raise capital from overseas investors. They are entering new territory and some are better prepared than others
PE a key focus for institutions investing in Asia – survey
Institutions investing in Asia plan to make private equity and other alternative assets a key focus, according to a new survey.
Colonial First State buys TDF's broadcasting assets in Finland
Colonial First State, an Australian wealth manager owned by Commonwealth Bank of Australia, has agreed to buy French broadcasting group TDF’s Finland business. The company, known as Digita, owns Finland’s largest broadcast tower network as well as offering...
Australia's QIC to use Burgiss Group PE software platform
QIC, one of the largest institutional investors in Australia, has deployed a private equity software platform designed by The Burgiss Group, a New Jersey-based software solutions provider.
LP interview: New York State Common Retirement Fund
New York State Common Retirement Fund has put scandals behind it and, buoyed by two years of positive performance and limited liabilities overhand, is looking to boost Asia private equity exposure
America's Skybridge to launch $500m Asia vehicle
US alternative investment manager SkyBridge Capital is planning to launch an Asia-focused fund next year worth $250-500 million, according to the firm’s founder.
New software helps LPs with benchmarking
EFront has launched an LP-focused performance and risk optimization solution that allows users to generate their own custom-weighted benchmarks.
Identifying good GPs is biggest LP challenge in SE Asia - AVCJ Singapore Forum
Finding the right fund manager is the greatest challenge facing LPs investing into Southeast Asia, according to panelists at the AVCJ Forum in Singapore on Thursday. The second greatest challenge is ensuring they remain the right managers.
China to buy LP interests from GM pension plan
The Chinese government has agreed to buy stakes in a string of private equity funds, including vehicles managed by The Carlyle Group, The Blackstone Group and CVC Capital Partners, from General Motors’ (GM) pension plan.
Munich Private Equity Partners opens office in Shanghai
Munich Private Equity Partners (MPEP) has opened an office in Shanghai as it looks to increase investment allocations to Asian markets.