Analysis
Taiwan buyouts: Back from the brink?
After a spike in buyouts in the mid-2000s, Taiwan sank from view due to private equity firms’ concerns about unpredictable deal approvals. Regulators are now trying to tempt them back with promises of reforms
China mobile gaming: Buy your way
China's online gaming companies are trying to extend their dominance to the growing mobile segment. Cash-rich and often publicly listed, the strategy is inorganic expansion, both at home and abroad
Qianhai: Beyond the hype
The Qianhai economic zone in Shenzhen is being primed as China's next global financial services hub, a place where private equity firms can raise local currency funds from overseas investors. How is it getting on?
China's insurers: Safety first
Chinese insurers have been able to invest in domestic private equity for three years and in overseas private equity for 10 months. Investments are proceeding slowly, but infrastructure is being put in place.
Japan's secondaries surge
Secondary deals in Japan spiked in 2011 as buyouts from before the global financial crisis found an exit. With the country's economic prospects improving, industry participants expect the flow to continue
Financial technology: The new normal
Initiatives are in place to make private equity reporting faster, more detailed and completely standardized. Are the guidelines a good fit for the industry in Asia and what are GPs doing to meet them?
China banking reform: Share the wealth
China's first step in interest rate liberalization might herald a series of reforms that make financial services more market-oriented. But where does shadow banking fit into it?
Australia mining: Swings and roundabouts
The end of the commodities super-cycle in Australia has impacted both mining companies and the businesses that serves them. Private equity can benefit, but only if it digs deep
Portfolio: CLSA Capital Partners and Indonesia's Sari Wangi
Sari Wangi is Indonesia's largest private tea player. CLSA Capital Partners invested not so much for exposure to the crop as what the company offers as a platform for distributing agricultural technology.
Caffeinated returns: Private equity's coffee shop craving
Private equity is already leveraging the growing popularity of coffee shops across Asia. But where is the next frontier – and is it all about the coffee?
A new alternative: SME liquidity in India
India has opened up a channel for domestic start-ups to sell shares without going through a full IPO. The platform offers new fundraising and exit options, but regulators could help by removing more red tape
Rich man's game: The cost of fundraising in Asia
Asian GPs and fund lawyers are struggling with a demand-supply imbalance. LPs are negotiating more and conceding less - but for all that managers say fundraising costs are going up, lawyers say fees are going down
China medical devices: Climbing the value chain
Driven by government policy, China's medical devices industry is growing rapidly and VC capital is flowing in. Picking winners requires a keen eye for new technology and potential distribution obstacles
2Q analysis: China in the spotlight
All is not well for China PE investment with one big deal disguising a period of relative inactivity; China exits, on the other hand, are prospering; and Asia PE fundraising is, of course, struggling
Indian infrastructure: Bargain basement
Indian infrastructure has fallen out of favor with investors as the fallout from pre-2009 excesses lingers. However, new opportunities in old deals have some private equity players thinking twice about the sector
Indonesia mining: Swimming with sharks
Indonesia is resource rich and its mining sector is coveted by many foreign investors. But regulatory and legal uncertainty, plus concerns about local partners, is compelling them to sit on the sidelines
Southeast Asia oil and gas: Going solo
The relative scarcity of independent oil and gas exploration and production firms in Southeast Asia doesn’t reflect the region’s wealth of natural resources opportunities. Private equity firms are catching on
Ex Indonesia: Investing at SE Asia's edges
Indonesia is the poster child of Southeast Asian private equity but competition is intense and valuations are rising. What can investors expect from less-tapped markets such as Thailand, the Philippines and Vietnam?
Angels in Asia: Exporting Silicon Valley
Early-stage investors in the US are casting their eyes eastwards as they seek out new partnerships in Asia. But what can these angels offer the region’s start-up community?
Asia PE: Taking the temperature
AVCJ assembled a group of private equity industry leaders to share their views on the prospects for exits in Asia, changing expectations and approaches to China, and how to address LP interest in co-investment
Friend or foe? Chinese M&A in the US
Chinese companies are keen to acquire assets overseas and the US is a popular target. Success hinges on satisfying regulators, appeasing politicians and persuading sellers of their ability to execute transactions
Fund-of-funds: Bespoke solutions
Reports of the death of fund-of-funds in Asia are greatly exaggerated – but all industry participants are diversifying their product offerings to meet specific client demands. Is it still primarily a scale game?
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?
Shogun diplomacy: Corporate management in Japan
History shows that Japan's corporate elites rarely take kindly to private equity knocking down their door. How can the outside investor best woo potential partners?