The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Jason Martin, managing director of Argonaut Private Equity comments, ôIndia has been an important destination for Argonaut since our first investment here in 2003. AnilÆs appointment significantly enhances our capabilities in India.ö
Argonaut currently manages in excess of $2 billion provided by a single investor, George Kaiser and describes itself as a venture capital and buyout firm dedicated to financing and growing emerging market leaders. The firm believes its ability to close deals is enhanced by the quick turnaround and the flexibility on size, stage, sector and geography which single ownership provides. Investments range ins size from $1 million to $200 million and cut across sectors including consumer electronics, specialty materials, telecommunications, drug discovery and delivery, medical devices, aviation and healthcare services. It currently has almost two thirds of its investments in the US with the balance spread across Australia, China, Israel, India, Japan and Eastern Europe.
Currently, Argonaut has less than $50 million invested in India including $20 million in Blue River Capital and $10 million in Midas Communication. Despite the plethora of private equity firms looking for India deals, Argonaut is optimistic that the lack of investing restrictions with which it operates will stand it in good stead in the country.
Khatod comes on board at Argonaut with more than 26 years of experience. He joins from AirDefense where he was appointed CEO in December 2003. Prior to that he was venture principal at Atlas Venture for two years. Khatod earned his stripes as at Nortel Networks where he spent almost two decades including a stint as Chief Marketing and Strategy Officer.
Record low borrowing costs in Australia are feeding demand for the country's real estate, with domestic and global investors raising their allocations into the sector.
Experts have a diversified view on the appeal of private assets across the region, but one thing's for certain - inflows are rising, particularly into China and the US.
Malaysia's Armed Forces Fund hires new CEO; Canada's Omers appoints Asia capital markets managing director; HSBC Asset Management creates alternatives unit, appoints CIO as its head; Bank of Singapore names global wealth head; Aware Super hires IFA head; Hong Kong names acting head for MPFA; Schroders adding to Asia ESG headcount; and more.
Asian fixed income assets – including Hong Kong dollar (HKD) bonds – are luring growing numbers of global investors who are striving for reliable and consistent returns amid macro uncertainty compounded by rising inflation and rates, according to HSBC Asset Management.