Drew Wilson
The group of 250 angel investors has opened a UK chapter.
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The total capital raised in China’s domestic currency this year is down 70 percent from the 2012 totals.
The US-based buyout firm has appointed Lincoln Chee, a former surgeon and healthcare CEO, to drive value creation work in China.
The Shanghai-based growth capital firm led by Kwek Ping Yong has reached a first close on its sixth fund, attracting mainly re-ups from the previous vehicle.
.jpg "Actis in $220m Africa energy deal")
The UK-based emerging markets firm has added to its African energy portfolio by acquiring utilities in Cameroon.
The group's latest US buyout fund is expected to reach a final close in the coming weeks, bringing the firm its second best fundraising year in its history, said David Rubenstein, co-CEO.
When RMB funds are extracted, Asia fundraising totals are already up year-on-year, helped by several fund closes in October.
A pilot program set up by PwC in Shanghai aims to link corporate acquirers with PE portfolio companies, facilitating trade sale exits.
Private equity firms in Asia increasingly look to gather comprehensive intelligence on any individual connected with a potential deal.
The mainland’s IPO market has now been closed for one year, impacting the performance and fundraising of many GPs, according to speakers at PEI’s recent CFO & COO Seminar.