Yvette Choo
Emerging market funds raised nearly $67bn last year, a 12% rise from 2007 that is due largely to exponential growth in Asia-focused funds. The challenge is convincing Western investors to maintain exposure to markets perceived as 'riskier', according to EMPEA president Sarah Alexander.
The telecoms company, eyed by private equity firms in the past, is under investigation for vote-rigging allegations, after shareholders recently voted to delist the company.
Ronen Nir and Itzik Avidor have gained partner status as the Israeli venture firm deploys its $235m third fund.
The Chicago-based fund manager is targeting its $3bn Asia fund mainly in Japan and China. LaSalle, which has invested 20% of the fund, says it is in no hurry to make more investments in 2009.
The wife of Singapore’s prime minister will in October cease leading Temasek, which has come under fire for financial services over-exposure. The sovereign fund and avid private equity player will be led by ex-BHP Billiton chief executive Chip Goodyear, a succession that has been planned for 'more than a year'.
China-focussed private equity firm is in discussions to buy the first three assets for its newly launched CITIC Capital China Real Estate Investment Fund III, following the close of the $400m fund last month.
Ian Goh has left the Silicon Valley firm's China affiliate, which was established in 2007. He was one of the team's first executives, joining alongside three former TDF Capital colleagues including Joe Zhou. Zhou resigned last year, reportedly to launch his own firm.
Made from its debut fund, the investment will help Shanghai Insuring Polymer Materials boost its production capacity and develop its sales network in various Chinese cities.
The investment, made out of the firm's debut fund, will help Shanghai Insuring Polymer Materials boost its production capacity and develop its sales network in various Chinese cities.
Zhang Fan has resigned from Sequoia Capital China after four years at its helm. In 2005, he co-founded the affiliate with Neil Shen, who is reportedly embroiled in litigation with The Carlyle Group. Carlyle has alleged the rival firm backdated an investment agreement to win a deal.