The US alternative investment giant moves to tap fast-swelling institutional demand for private debt assets, reflecting a peer group trend to build up specialist expertise locally.
The private equity firm and sovereign wealth fund took advantage of strong bond markets to raise funds to pay themselves a special dividend in an Indian outsourcing company.
Japanese investors need to carefully sift through a bumper crop of funds raising capital. Smaller gems may outperform.
Kazuhiro Yamada, head of its Japan buyout group, talks about why Japanese companies are more willing to say goodbye to non-core units and how private equity can seize the opportunity.
For private equity firms in Asia – even the likes of Apollo, Carlyle and RRJ – raising money has become tougher, something that outflows from emerging markets will exacerbate.
Private equity managers are increasingly receiving investor requests to incorporate environmental, social and governance factors in their strategies, say sources. This is creating challenges.