Drew Wilson

What makes a successful investment in Vietnam? PEI asked two GPs with long histories in the country.

FountainVest raised $1.35bn for its second China fund in eight months, despite its relative youth and lack of track record. Drew Wilson met with CEO and managing partner Frank Tang to find out what this tells us about the firm – and about the maturing private equity landscape in China.

Changing dynamics in Asia are boosting private equity investment in Vietnam – perhaps more gradually this time around.

KKR’s new $6bn Asia vehicle has redefined the boundaries of what’s possible for fundraising in the region, though the bigger picture may not be quite as positive.

The Southeast Asia-focused firm has reached a first close about four months after launching Fund II, and aims to attract European and US LPs.

Accounting scandals in China and increased pressure from LPs for better governance has created stronger demand for highly-experienced CFOs that is not being met.

The Japan-focused firm has bought a maker of precision drilling equipment from Hitachi, as corporate divestitures in the country continue.

James Gifford, who has guided the international initiative supporting ESG practices since its inception in 2003, will step down as executive director.

The venture capital arm of electronics giant Intel Corp has made an investment in a cloud computing service provider in Bangalore.

Australia's public markets outperformed private equity in the first quarter and over the last 12 months, while deal value and volume has fallen, year-to-date.