Analysis
Asian SWFs ramp up in North American oil and gas
PRC petrochemicals major Sinopec’s $4.65 billion buy into Canadian heavy oil producer Syncrude, covered recently in AVCJ, had one extra salient feature.
China: Dangerous liaisons?
Where are you looking to allocate capital? When AVCJ asked global LPs this question, the majority said: “China.”
Sinopec stakes its claim
Large PRC oil companies have been quietly taking ever-bigger positions in heavy oil businesses in Canada’s oil-rich Alberta province for some time.
Actis JV with Tata targets up to $2b
Another indicator of the potential for infrastructure investment in India – and the importance of a local corporate partner in the Subcontinent – surfaced recently with Actis Capital’s announcement of a JV with Indian conglomerate Tata Group to invest...
Keeping LPs happy
The due diligence process has always played an important role for LPs when choosing funds to back.
China/Asia clean energy investing: the control conundrum
The energy growth paradigm, worldwide, appears to be undergoing a vigorous shakeup, driven largely, though not entirely, by the new green imperative.
Aspects of AsiaPac consumer investing
The Asian consumer, like the pre-crisis US consumer, has become a dependable staple and continues to be of particular interest for Asia Pacific investors looking to make investments.
Private equity insights from Japan
At the eleventh annual AVCJ Private Equity & Venture Forum Japan in Tokyo, GPs and LPs gathered to give their views on the current state of the Japanese private equity market post the global financial crisis, and the consequences for both the local industry...
The framework for green investing
While agreement on global emissions targets may be in abeyance, national policies and regulatory changes are spurring the development of renewable energy projects across Asia – and particularly in China – say international legal teams.
Bery claims $30.8 million from JPM
Varun Bery, and co-founder of TVG Capital Partners, and later co-head and MD of JPMorgan’s private equity investment arm in Asia Pacific, JPMorgan Private Capital Asia, is now suing the bank over $30.8 million.
Deal drivers across Asia Pacific
As three-figure deals on both the entry and exit side – and in the case of some secondary transactions, both – start to rack up across the region, 2010 is already looking like a bustling year for Asia Pacific.
Coller EMPEA Survey: great expectations
THE LATEST EMPEA/COLLER Capital Emerging Markets Private Equity Survey, based on a poll of 151 institutional investors worldwide conducted by AVCJ Group’s sister organization IE Consulting, shows new levels of commitment and interest for emerging markets...
Asian fund T&Cs acceptable, finds Squadron
An independent survey by Hong Kong-headquartered private equity fund-of-funds manager Squadron Capital has found that terms and conditions of Asia Pacific private equity funds compare variably against US and European funds in terms of their compliance...
Dissecting the Asian infrastructure opportunity
If Asian infrastructure is one of the major upcoming global investment themes, China is its kingpin.
A 'taxing' situation in Japanese private equity
Japan's private equity market is broadly viewed as a domestic industry for local GPs and LPs, with the exception of a few well-known global buyout giants.
Japan's private equity market: The LP perspective
Japan's private equity investment space, currently shows a relatively busy domestically-supported mid-market alongside a patchy-to-moribund big buyout sector populated by major international firms.
Healthcare: The next China VC horizon?
Although it doesn't always register prominently on the radar, healthcare and related biotech actually accounts for 30% or more of all venture capital investment in the US.
Building a better Asia – public, private, partnerships and profits
The growing discrepancy between Asia’s phenomenal productivity growth and its slow progress in the roll-out of critical infrastructure threatens the region’s potential growth.
Real estate: blossoming in Japan?
Japan is now entering this year’s cherry blossom season, and people are feeling the lift after the long cold winter.
Carlyle closes CAP III at $2.55 billion
The Carlyle Group has announced the close of its Carlyle Asia Partners III buyout fund at $2.55 billion, over 40% larger than the preceding $1.8 billion Carlyle Asia Partners II fund, though still below the $4 billion target that CAP III launched with...
Investindustrial brings Euro mid-market to Shanghai
Investindustrial Group, a Milan-headquartered mid-market buyout firm with over $2.6 billion under management and offices in Spain, Luxembourg, the UK and Switzerland, has announced the opening of an Asia Pacific headquarters in Shanghai.
Mid-cap vs buyouts: may the best financing win
The year following the collapse of Lehman Brothers and the onset of the global financial crisis was not a good one for Japan.
New recruit Chang expands Colony beyond real estate
The recent engagement of Justin Chang by $39 billion real estate-focused group Colony Capital is one of the latest milestones in the firm’s move out of its traditional real estate focus into broader corporate private equity investment.
Bridging Asia's infrastructure bottleneck
Traditionally the Asian infrastructure mantra has been, ‘if you let them build it, they will come,’ the ‘they’ being international investors (largely OECD manufacturers) looking to establish industrial capacity across the region, primarily to capitalize...