Post-crisis investor trends will lead to further consolidation among funds of private equity funds and more negotiation around fees, says industry veteran David Pierce.
US-based Flag Capital is acquiring the Hong Kong-based private-equity investment team.
But business standards among Asian PE funds are still better than those elsewhere in the world, according to a survey by fund-of-private-equity-funds firm Squadron Capital.
Eliza Lau and David Pierce are promoted internally to top jobs in Robert MillerÆs alternative investment firm.
Squadron Asia-Pacific Fund takes to the skies launched by the Miller familyÆs investment firm.