Analysis
New regulations in Europe: the perils of painting with a broad brush
While new alternative asset regulation in the US is more or less a done deal, the European attempt to accomplish the same remains stalled.
India: What to build and where to build it
India's infrastructure opportunity is often cited as one of the great investment horizons: an immense nationwide infrastructure gap that could be bridged through yield-generating investments to accomplish an unimpeachable social and developmental purpose....
Summer heat
The traditional quite midsummer seems to have been anything but. All kinds of things appear to have been happening through mid-August, as dealmakers and fundraisers brave the heat to keep the momentum going that has already left the last quarter looking...
Foods and agriculture – the next big theme?
A series of recent deals, such as the Carlyle Group’s $190 million investment in Singapore-listed industrial fishing company China Fishery Group, and the a $600 million pre-IPO investment led by Capital International and the Blackstone Group into Dili...
New private equity regulation: industry crisis averted, or postponed?
For many months now, the private equity segment in the US – whose rules and norms still set the terms for industry practice in Asia Pacific as elsewhere – has been beset by creeping insecurity.
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...
"End of an era" for China
China's release of its official GDP growth figures for 2Q10 last week showed the economy heading for the soft landing sought by policymakers, with National Bureau of Statistics estimates citing 10.3% growth, down from 11.9% the previous quarter, and giving...
Entertainment and media is where it's at
According to PricewaterhouseCooper’s Global Entertainment & Media Outlook, following a depressed 2009, during which E&M spend fell 5.4% from 2008, the industry is experiencing a 5% compounded annual growth spurt with the extended forecast period to 2014...
Secondaries show Asia's maturity?
Secondary fund transaction volumes are one indicator of the scale and maturity of a region’s private equity industry.
Asia Pacific distress still pays off
Given the financial journal headlines and relentless LP interest reinforcing the notion that Asia is booming, one might well wonder what distress opportunities remain in the region.
Japan: Spring after a long winter?
After a long winter, private equity activity in Japan is slowly but surely showing signs of recovery. In particular, mid-cap acquisitions by private equity players are reviving deal flow.
Regulators in a friendly mood?
Private equity in Asia Pacific has long had an ambivalent relationship with regulators and the region’s governments in general.
Financial investors in financial services
Financial services deals put Asia Pacific private equity on the map worldwide.
Japan, a Catch-22?
While Japan's estimated GDP growth sits at just 2.6%, China is forecasted to hit 9.6% growth in 2010.
Who's got talent?
Along with the rest of the world, private equity firms – and their investee companies – put the brakes on hiring through the financial crisis.
Coller Barometer shows slumping returns, soaring Asia
The latest edition of the Coller Capital Global Private Equity Barometer, polling 110 LPs worldwide, found respondents registering the full aftermath of the GFC, with the lifetime returns on their portfolios falling dramatically.
Results, however volatile, in China
According to the recent AVCJ Private Equity and Venture Capital Report China 2010, around $12.9 billion was invested into the PRC over 2009, accounting for just under 30% of all private equity investment in Asia, China’s highest total ever by market share....
Asia Pacific: No longer far away
Despite predictions by some forward-looking industry figures that China may move ahead to supplant the US within a couple of generations as the world’s biggest private equity market, the US remains the fulcrum of global private equity.
HSBC PE to spin out
HSBC has announced that it is having internal discussions about the prospective spinning out of its private equity units, including HSBC Private Equity Asia and HSBC Asian Ventures, through a series of MBOs, following growing regulatory and financial...
SWF survey shows image shortfall
Sovereign wealth funds (SWFs), as well as private equity in general, may have a significant problem with acceptance even in some of the Asian markets most closely associated with them, according to a recent report, the Sovereign Brands Survey 2010, conducted...
Miranda to yield IDFC PE CEO slot
Luis Miranda, incumbent president and founding CEO of the $1.3 billion Indian infrastructure-focused private equity firm IDFC Private Equity, is to step down to assume a role as non-executive chairman from November 2010.
Shan exits TPG for solo fund
Turnover at the top of TPG Capital in Hong Kong continues after the relocation of Dan Carroll, formerly Managing Partner with the firm in Hong Kong, to the West Coast.
Fund structure for infrastructure
Infrastructure is now broadly recognized as a global market, yet there are marked differences based on region and substantial variations in risk.
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.