Paul Capital Partners
DeAWM hires ex-Paul Capital executive for Asia secondaries
Jason Sambanju, formerly co-head of Asia at Paul Capital Partners, has joined Deutsche Asset & Wealth Management (DeAWM) as head of Asia secondaries.
Paul Capital to wind down, close HK office
Paul Capital’s Hong Kong office is among those that will close as the secondaries specialist winds down its global operations. This follows the reported breakdown of a sale to Hamilton Lane.
Stapled secondaries: Shades of gray
Secondary restructuring opportunities are on the rise in Asia, but investors are wary of giving managers fresh primary capital on top. Deal flow is hard to source, even harder to execute, and highly bespoke
Secondaries: Bifurcation point
More LP interests in Asian funds are coming onto the secondary market, but the region remains the industry’s future rather than its present. Which investors will be around to witness it coming to bloom?
India secondaries: Plan B?
India’s PE industry is expected to see an increase in secondary deals as funds approach maturity and GPs look for alternatives to difficult public market exits. But is the talking translating into transactions?
Korea Teachers to invest in Hamilton Lane, Paul Capital
Korea Teachers Pension Fund (KTPF) will invest $30 million each to Hamilton Lane and Paul Capital as it looks to increase its global exposure to 15% of its overall private equity portfolio by 2018.
GPs see more secondary deals, stress entrepreneur alignment – AVCJ India Forum
The Indian private equity industry is now diversifying its exit channels in the light of a conspicuous lack of public market deals, GPs told the AVCJ India Forum. Secondary transactions could be an alternative, but alignments with entrepreneurs is the...
Q&A: Paul Capital's Bryon Sheets
Bryon Sheets, a US-based partner with Paul Capital who leads secondary private equity coverage, talks to AVCJ about spinning out captive teams in North America and Europe, and the prospects for doing the same in Asia
Secondaries: Access all areas?
With sophisticated regional players at one end and smaller novices at the other, navigating Asia’s nascent secondaries market requires patience, teaching skills and reliable information channels
Asia LP interests: The price factor
Global LPs have no intention of reducing their exposure to Asia. This has put upward pressure on secondaries prices, but assessing fair value is more difficult than it seems
Secondaries: GPs for hire
Many first-time fund managers in Asia are expected to have trouble raising successor vehicles. Secondary investors sense the opportunity to tide over GPs by acquiring their existing portfolios
IPO woes: Looking for an exit
With the public markets all but closed for IPOs, what other exit routes are available to investors?
NewQuest hires Lung-Chi Lee as general counsel
NewQuest Capital Partners, the Hong Kong-based PE firm spun out from Bank of America Merrill Lynch (BoAML) last year, has hired Lung-Chi Lee as general counsel.
Secondaries: The direct approach
Working for a fund held captive or semi-captive within an investment bank is a mixed blessing. On the one hand, it promises access to deal flow and resources that independent funds can only wish for. On the other, it is hard to raise money from third...
Secondaries in Asia: Small beginnings
The global secondary investments industry announced its arrival in Asia not with a bang, but with a spate of office rentals. HarbourVest Partners’ moved first, relocating Tim Flower, a London-based vice president, to Hong Kong in October of last year....
Women in private equity: Minority report
When asked to name most difficult aspect of being a woman in private equity, Lisa Suennen, co-founder and managing member of California-based venture capital healthcare investor Psilos Group, cites the adage that women need to work twice as hard to get...
Private equity seeks Southeast Asia consumer plays
Has private equity become infatuated with the Southeast Asian consumer? As valuations continue to rise in China and India, industry participants note that a growing number of funds are now looking for deals elsewhere in the region.
NewQuest, backed by PE consortium, acquires BoaML Asia's non-real estate assets
A newly launched fund managed by NewQuest Capital Partners, backed by a consortium consisting of Paul Capital, HarbourVest Partners, LGT Capital Partners and Axiom Asia, has acquired “substantially all” of Bank of America Merrill Lynch’s (BoaML) non-real...
Paul Capital hires two for India sourcing
Global secondaries investor Paul Capital has bolstered its India talent with the appointment of Anand Sunderji and Akshat Shukla as regional sourcing agents, both charged with evaluating secondary PE transactions across the market.
Paul Capital promotes Jason Sambanju to Co-Head of Asia
Secondaries investor Paul Capital has promoted Director of the firm’s Hong Kong bureau Jason Sambanju (pictured) to the role of Managing Director and Co-Head of Asia, jointly held with current MD Lucian Wu.
The dynamics of secondaries
The coverage of the state of the Asia Pacific secondaries market earlier this month in AVCJ naturally leads one to consideration of how secondaries work, and what they can do for investors in the region – whether for local buyers or sellers, or outsiders...
Secondaries show Asia's maturity?
Secondary fund transaction volumes are one indicator of the scale and maturity of a region’s private equity industry.
Secondary buyouts: Second helpings?
Secondary buyouts appear to be gathering pace in Asia Pacific, from the buyers reportedly circling Loscam in Australia to indications of interest around China Network Systems in Taiwan.