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.
%2080.jpg "GIC boosts PE exposure to bolster returns")
The Singapore sovereign wealth fund said it is set to increase its private equity holdings to as much as 15% of its portfolio, as it prepares for a period of uncertainty and low returns.
The $3bn-plus deals recorded in the first half of 2016 was largely driven by KKR’s acquisition of Hitachi Koki and Hitachi Kokusai.
With Australia’s shrinking GP base and tighter regulation on fees, superannuation funds are increasing exposure to direct deals, according to Willis Towers Watson's director of manager research for Australia.
Yong Hak Huh joins the firm as a special advisor to expand the firm’s relationships with family and institutional investors in the region.
The Mumbai-based firm will look to take control stakes in companies as well as its typical growth equity plays for its second flagship vehicle it plans to launch later this year.
The Beijing-based investment firm saw strong support from existing investors but collected the bulk of the capital from new sovereign wealth funds, US pension funds and funds of funds.
.jpg "TPG, OTPP pull out of $2.1bn Fairfax bid")
The pair have ditched plans to acquire Fairfax Media assets – real estate arm Domain, Australian Metro Media and its Events and Digital Ventures unit– after conducting due diligence.
The firm’s investment in Kakao Mobility is its first deal in Korea after re-opening its Seoul office last year.
The private equity giant has bought a controlling stake in Melbourne-based food and beverage operator Dixon Hospitality following its April offer to acquire Hitachi Kokusai Electric.
The Indian private equity firm made the investment from its $1bn PI Opportunities Fund-I.