Separate accounts
Saudi Arabia's Sidra targets Asia, teams up with BlackRock
Sidra Capital, a Saudi Arabia-based alternative asset manager, has teamed up with BlackRock to offer shariah-compliant private equity opportunities in Asia Pacific.
Shariah investors in PE: Tailored exposure
Employees Provident Fund’s $600 million shariah-compliant co-investment mandate suggests increasing institutional appetite for Islamic finance solutions in private equity. Is the industry ready?
LP interview: Roc Partners
Having transitioned from a locally focused fund-of-funds into pan-Asian multi-strategy investor, Roc Partners is finding new ways to branch out in the current downturn
Separately managed accounts: Bespoke buyouts
Co-investment alongside a single strategy is the most common function of separate accounts in Asia, but establishing parameters that meet the needs and rights of all stakeholders can still be challenging
Asia Alternatives closes $1.8b fund-of-funds
Asia Alternatives has reached a final close of $1.8 billion across its fifth private equity fund-of-funds and a number of related vehicles.
LPs remain loyal to Asia Alternatives
New York State Common Retirement Fund (NYSCRF) made its first direct China commitment in 2011, investing $100 million in Hony Capital’s fifth fund. Over the preceding years, the LP fashioned a more targeted Asia strategy, complementing its participation...
Asia Alternatives raises $1.8b for funds, separate accounts
Asia Alternatives Management has closed $1.8 billion in new commitments from LPs, comprising $1 billion for co-mingled fund-of-funds and $800 million in separately managed accounts.
Pantheon gets emerging markets mandate from Finland's VER
Pantheon has won a EUR100 million ($124 million) mandate from Valtion Eläkerahasto (VER), the Finnish state pension fund, for investments across Asia and emerging markets.
Altius, Castling team up to target Korean institutional investors
Castling Investment Group has formed a strategic alliance with Altius Associates to jointly distribute private equity, real assets and infrastructure products to South Korean investors.
PennSERS commits $50m to Asia Alternatives separate vehicle
Pennsylvania State Employees’ Retirement System (PennSERS) has committed a further $50 million to Penn Asia Investors, a separate account managed by Asia Alternatives that focuses on opportunistic investments in funds across the region. Last year the...
CalSTRS considers separate accounts strategy
California State Teachers’ Retirement System (CalSTRS) is considering making separate account commitments to private equity firms. A similar strategy has already been employed by other pension funds like Texas Teachers’ Retirement System and New Jersey...