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.
Close to half of the investors in the Asia-Pacific region expect to increase their private equity holdings, while around a third of investors in Europe and the US are planning to increase their allocations to the asset class.
Ashley Johansen, who led the secondaries firm's fundraising team for three years, has joined the mid-market buyout firm after a brief stint at Irving Place Capital.
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The fund will be managed by Chinese private equity firm Hopu Investment Management to invest in global mobile internet and artificial intelligence companies.
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The Singapore state investor’s $800 million investment in San Francisco-based Verily will be used to commercialise the company’s healthcare products in Asia.
The Sydney-based firm has made the investment from its fifth Australia and New Zealand-focused buyout fund, which closed on $1.5bn in 2015.
The Australian sovereign wealth fund’s private equity exposure increased by another $1bn in 2016.
But despite the stellar growth the Auckland-based New Zealand Superannuation Fund’s private equity allocation will remain unchanged.
The CEL Global Investment Fund will invest in European and US companies looking to expand in China.
The firm has exited its respective stakes in the non-banking financial company Cholamandalam, and tech company GlobalLogic.
US president Donald Trump has called Philip Bilden as the “right choice” to help the Navy expand and modernise its ships.