Front page

The firm’s founder told HKVCA’s Greater China PE Summit that pessimism about China’s economy was overblown, citing its increasing capacity for innovation and world-class manufacturing capabilities.

The California pension has been monitoring GPs’ efforts to reduce carbon emission through an annual survey and a colour-coded system to categorise private equity-owned assets.

The Mumbai-based manager, which closed a $700m continuation fund in April, will begin fundraising for its 10th flagship this year, PEI understands.

Asia Fund VIII, which closed below target, is TPG’s largest Asia-focused fund, according to the firm's latest earnings call.

Up to 80% of capital raised for the vehicle will target direct investments, with the remainder targeting primaries and secondaries investments, PEI understands.

The alternatives giant doesn't want to enter the sub-sector if it can't be a top-three player, according to chief financial officer Rob Lewin.

The country's official cabinet has published a nine-point circular to ‘strengthen supervision’ on capital markets, including updates on listing process and delisting regulations.

Cbus now requires a co-investment ratio of at least 1:1 from any new GP relationship, CIO Brett Chatfield tells PEI.

The development comes as part of an ongoing review of certain current and former EQT employees’ carried interest taxation – in particular, whether it should be taxed as employment income.

Co-investments play a key role in its decision to partner with first-time funds and emerging managers, partner and head of Europe Rune Jepsen tells PEI.