Andy Thomson
In the middle of last year, experienced Scottish private equity pro Hamish Mair launched a new funds of funds operation at money manager F&C. As 2006 dawns, he shares with Andy Thomson his observations of current market trends.
One of China’s largest pharmaceutical groups is attracting interest from private equity firms after reportedly announcing that it wants to sell a large stake to foreign buyers.
The pan-Asian buyout firm is reportedly bidding for the Myer department store chain in conjunction with the company’s founding family.
Blackstone Group, the New York-based alternative asset manager currently raising a $13bn private equity fund, is planning to muster as much as $10bn for hedge fund investment.
The Chinese auto parts manufacturer, in which Baring Private Equity Partners has a minority stake, has raised $450m from an IPO in Hong Kong.
The investment firm launched 11 years ago by US buyout houses Texas Pacific Group and Blum Capital Partners has wrapped up a new $1.5bn vehicle targeting Asia.
A new study shows alignment of interest between LPs and GPs weakening as larger funds demand juicier management fees. By Andy Thomson.
Woori Bank is currently raising a vehicle that could become Korea’s largest buyout fund, according to a report.
The concept of alignment of interest – the bedrock of the LP/GP relationship – appears to be under threat according to the findings of a new survey.
There has been an explosion in both the popularity of hedge funds and the amount of capital allocated to them for investments. This means they are increasingly encroaching on private equity territory, says Simon Davies.