Michelle Phillips

Blackstone Singapore has hired the former chairman of PricewaterhouseCoopers to become chairman of Blackstone Singapore.

As other exit avenues dry up in China, 'pass the parcel' deals could be the only option for 7,500 unexited portfolio companies, according to China First Capital.

The Australian PE firm has exited modular building supplier Australian Portable Buildings in a 3.8x trade sale.

A ranking of private equity firms active in China shows seven of the top ten firms to be domestic – a sharp change from 2007, when only one of the top ten was a domestic firm.

LP interest in Asia has dropped slightly year-on-year, particularly in previously popular countries like China and India, according to a recent Probitas survey.

Key buyouts emerged in 2012, but small cap deals have been the highlight in Japan.

Korea was the only major Asia Pacific market with an increase in deal value in 2012. In addition, the competitive landscape is evolving and domestic LPs plan to diversify investments abroad.

Global secondaries firms are increasing both their Asia capabilities and allocations. Paul Capital’s co-head of Asia Jason Sambanju discusses how he believes these firms should approach the region.

Private equity deals and exits in Asia saw a significant drop in value during November as competition from strategics stunts dealflow.

Banks and other traditional debt providers have decreased their funding to businesses in Asia forcing entrepreneurs to accept financing from credit managers, explains Robert Petty of Clearwater Capital Partners.