Alex Lynn
The $65bn fund is underweight the region and is looking at China, Indonesia and pan-Asian funds, according to senior portfolio manager Yup Kim.
The firm secured new mandates with projected future commitments of over $3bn and reported increasing demand from Southern Europe, Latin America and Asia.
Top-decile institutional investors had a median allocation of 40% or more in private investments, according to Cambridge Associates research.
The debut fund will target primary, secondaries and direct co-investments across multiple geographies, sectors and strategies.
The change reflects Australia and New Zealand’s disproportionate weighting in Riverside Asia-Pacific Fund II, a $235m 2012-vintage.
Impact investing fund managers had collected $5.4bn from banks and diversified institutions as of 31 December, a 24% annual increase from 2014.
Alex Bance has left the European placement agent and formed Calpa Capital, Private Equity International has learned.
Organisations with a higher allocation to the asset class significantly outperformed their peers, a report has found.
PAI Partners, Affinity Equity Partners and Coller Capital are among the most suitable candidates for a GP stake investment, according to a report.
Astrea V is backed by cashflows from a diversified pool of private equity funds managed by firms including KKR, TPG and Warburg Pincus.