Analysis
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.
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.”
China: Hope and Reality?
Post the GFC, China seems to be powering its way more or less untroubled to regional, if not global, economic predominance.
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.