Tag: private equity

Investor appetite and market structures in 2010 resemble those of a normal private-equity environment, says the asset manager. The Hong Kong-based alternative investment boutique celebrates its 10th anniversary with a new strategy taking stakes in Asian asset managers. The Carlyle group announces its second renminbi fund, in partnership with Fosun, with an initial capital of $100 million. Following its acquisition by US firm AMG, the UK private-equity fund of funds will remain autonomous and envisages business largely as usual. As a poor 2009 has left limited partners more discerning about the hundreds of new Indian private-equity firms, India Value Fund has emerged as capable of attracting new ... Wu Yibing, president of Citic Private Equity Management, explains the workings of the firm’s newly closed Rmb9 billion fund. PE backing benefits Chinese companies’ financial performance and governance, as compared to their publicly listed peers, according to a first-of-its-kind survey. In the first agreement of its type for Carlyle, the US private equity firm will raise RMB-denominated capital to buy Chinese assets. Last year saw the lowest total raised by private equity funds globally since 2004. Hence, investors want to bring management fees charged by larger PE firms more in line with the cost of running the funds, according to a new survey. Four of Samena Capital's co-founding shareholders chat with AsianInvestor about what they've been doing and why their business stands out from the crowd. Private wealth and institutional clients in the region, and globally, are showing an increased interest in Asian alternative assets. The real estate investment firm seeks to deploy around $1 billion to Asian exposures in private and listed equity. The purchases of London-based Insight Investments and 20% of New York-based Siguler Guff push BNY Mellon Asset Management's AUM over $1 trillion. Aviva’s Asian real estate arm sees the best immediate risk-adjusted opportunities in Japan and Australia, but likes China over the longer term. The Singapore-based private-equity fund of funds has hired Alex Lee to bring secondary market expertise to its strategies. The two are forming an asset management joint venture that will invest in core infrastructure in China, Hong Kong and Taiwan. In advance of opening a full-fledged India office, financial sponsor Advent appoints P J Nayak, previously with UTI and Axis, as an operating partner. The private equity firm poaches Philip Levinson from Deutsche Asset Management to manage relationships with investors in the Asia-Pacific. Private equity investor and fund-of-funds manager Pantheon adds strength to its Asia team, appointing Brian Lim as principal.