Alex Lynn
One of South and South-East Asia's largest mid-market firms has recruited Suneel Kaji in New York.
Almost two-thirds of mainland Chinese businesses plan to increase international spending by more than 10% over the next two years, according to Baker McKenzie research.
The firm was founded by two former KKR partners including David Liu, who was co-head of KKR Asia and chief executive of the firm’s China business until 2017.
The AIC’s 13 policy proposals to the next government are intended to increase the flow of capital to start-ups, SMEs and other high-growth businesses.
Overseas managers, lured by the promise of corporate divestitures, face an uphill climb in breaking into Japan.
The placement agent and advisory firm hired Charlie Yan, a former managing director at Shanghai asset manager Fosun International, in its Hong Kong office.
Traditional revenue sources for asset managers are expected to decline over the next five years.
Japanese LPs provided 40% of the $650m Fund III, investor relations director Lisa Herrell tells PEI.
A heady fundraising environment buoyed the firm’s efforts to build new LP relationships for Fund VI, but created a headache when it came to whittling down allocations.
The state-owned conglomerate's private equity subsidiary will look to tap Chinese fund institutions and corporates, family offices and overseas markets including the UK and US.