Siddharth Poddar
High valuations are a concern, but opportunities are growing as family groups seek to professionalise management, Sigit Prasetya told delegates at the CFA Institute Conference in Singapore.
The new CIO of the sovereign wealth fund believes several trends including ecommerce in Asia are creating attractive investment opportunities, but he cautioned on rising valuations and risk.
The pan-Asian private equity firm closed its prior fund on $1.52bn in May 2008.
The global private equity firm will acquire a minority stake in CP Pokphand from Thai agribusiness conglomerate Charoen Pokphand Group.
The emerging markets specialist and the Malaysian sovereign wealth fund will invest INR8.4bn in the infrastructure company, which has also raised an additional INR26.5bn from other investors in a qualified institutional placement.
Yar-Ping Soo, who will be based in Singapore, was formerly the head of Asia/emerging markets for the sovereign fund's private equity division.
The buyout rush in Australia this week continues with Quadrant Private Equity’s acquisition of the media intelligence company for a reported A$160m.
University of Tokyo Edge Capital, which is focused on seeding businesses in cleantech, healthcare and IT, has finished raising capital for its second fund.
After initially seeking an IPO exit, the Australian buyout firm has sold the education provider to Providence Equity Partners.
Carlyle's investment will help the Singapore-listed integrated fishing company pursue its expansion plans and improve operational efficiency.