Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
The newly-merged investment business of Aberdeen Asset Management and Standard Life Investments is seeking to boost its exposure to co-investments and increase its focus on investing in smaller GP deals.
The Mumbai-based manager had an initial target of $400m when it launched its latest offering in late-2015.
The Hong Kong-based firm has already deployed $300m from the fund but wants to garner an extra $200m to hit its target before the end of the year.
The vehicle will invest alongside the Pan-Asia manager's 2015-vintage Fund II.
The New York-based firm is the latest global private equity firm to appoint a Japan head this year as it looks to expand its presence in the country.
.jpg "Affinity Equity Partners targets $5bn for Fund V")
The pan-Asian manager is targeting around 30 percent more than the $3.8bn it raised for its previous Asia Pacific-focused buyout vehicle.
China Life, the country’s largest insurer by assets, will contribute $840m to the fund and Chinese internet giant Baidu will commit $160m.
%2080%2080.jpg "Partners Group appoints head of Japan")
Former Ark Totan Alternative CEO Shunsuke Tanahashi is tasked with building out the Swiss investment manager’s relationships with Japanese institutional investors and distribution partners.
China’s State Council has put overseas investments into 'encouraged', 'restricted' and 'prohibited' categories.
Amy Wang, former head of institutional business for Greater China at Amundi Pioneer Asset Management, has been brought on to strengthen the firm’s relationships with Chinese high net worth individuals and institutional investors.