Clare Burrows

Professor of finance at London Business School, Francesca Cornelli, believes more academic research in Asia is required to show how GPs can generate the best returns.

The firm has hired and promoted several investment team members following the hire of head of India, Sandeep Naik, who joined from Apax Partners a few months ago.

The Blackstone co-founder has donated $100m to create an endowment at Beijing's Tsinghua University. Advisors including Tony Blair, Henry Kissinger and Christine Lagard have signed on to the initiative, which aims to raise $300m.

Chinese investors continue to increase their offshore direct investments and will begin to target foreign private equity funds to diversify their portfolios, according to cross-border firm A Capital.

The media-focused firm has closed its Hong Kong office and opened in Singapore, where there are more TMT opportunities than in Greater China, says director Sumeet Jaisinghani.

GPs in India are starting to sell assets to other private equity firms, sometimes at discounted prices, as the IPO market remains frozen and fund lives draw to a close, according to local sources.

The initiative introduced by Chinese regulators to allow private equity players to buy and sell companies more easily will likely offer lower quality assets, according to industry sources.

The firm plans to raise $40m to offer debt capital to businesses in low income communities. The firm already has commitments from a number of local and foreign LPs.

The Sweden-based private equity firm has merged two of its vehicles to create a platform to expand businesses between Asia and Europe.

The private equity arm of LVMH has acquired a 49.9% stake in iconic Australian retail business R.M. Williams as its second investment in the country.