Drew Wilson
The Vietnam-focused firm has secured an anchor investor for a $300 million ASEAN fund being raised together with private equity shops in Thailand and Indonesia.
Asia Pacific has $131 billion in capital that needs to be put to work, but deal volume and value have been declining.
The Canadian pension fund, which has just opened an office in Hong Kong, sees operational work as a main criteria in fund manager selection, says Jane Rowe, senior VP.
KKR co-founder Henry Kravis believes his firm is well-positioned to deploy its record $6 billion Asia fund and said the region’s longterm growth story remains intact despite setbacks.
Wang Gongquan, founder of CDH's venture capital unit, has reportedly been taken from his home by police due to his links to a civic group advocating greater transparency.
The PE arm of China’s largest private conglomerate has invested in Italian luxury brand Caruso and aims to bring it into China.
The first eight months of the year show a drop in IPO value in Asia and the US, compared to a 200% rise in Europe.
The Singapore-based firm is raising Fund II in a `brutal' fundraising climate, and intends to target healthcare deals in ASEAN and India.
A freeze on IPOs imposed by the CSRC last October is likely to continue into 2014, according to local reports.
The firm intends to raise an RMB fund, which provides specific advantages in China.