Like other start-up asset managers, the Asian private debt fund house is finding it hard to secure capital amid the Covid-19 pandemic. It has recruited heavy-hitters to help.
The pandemic looks may have led to greater use of remote capital-raising but might it also encourage investors to establish more overseas offices?
Some private equity firms could struggle to get money for China-focused funds amid rising Sino-US tensions and after a private equity-backed mainland company admitted to fraud.
Meanwhile, interest in global and emerging market equity strategies fell in the first quarter, according to new research from investment consultancy Bfinance.
Setting up a new asset manager is hard; the failure rate is high. In the first in a series on capital-raising challenges, three seasoned investors outline their approach to startups.
The private equity firm has named CDFC’s Paul Yang to replace David Liu. The hire rounds out the regional deal team, as KKR enters capital-raising mode for its third Asia fund.