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 biggest private equity fund to date will be managed by China’s state-assets watchdog, and aims to tackle more than 77 trillion yuan in debt owed by Chinese state-owned enterprises.
Baring Asia’s offer for the Sydney-listed risk management firm is lower than the A$1.1bn bid from buyout firms KKR and Pacific Equity Partners two years ago, but that bid eventually fell through.
Valuations are slipping from highs seen a year ago, with positive implications for investment, HarbourVest's Hong Kong-based principal Haide Lui says, as she shares her views on the firm's approach and its outlook for the region.
Peter Slagt has moved from Bain’s London office to Kuala Lumpur to join the consulting firm’s Global Results Delivery Practice, and will focus on South-East Asia-based clients.
South Korea’s booming e-commerce and online shopping industry has created 'significant growth opportunities' for delivery companies, says CVC Korea partner and chairman Steve Lim.
.jpg "FountainVest closes largest fund to date")
The China-focused firm’s third fund scooped up $2.1bn, as chief executive Frank Tang said opportunities for value creation are 'more prevalent than before'.
Korea offers geographical diversification for private equity investors with US and European-weighted portfolios, plus its sound regulatory environment, strong deal flow, and active local LP base are attractive draws, Rohatyn partner Chris Seaver says.
Chief executive Adrian Orr says the NZ$30.1bn fund, which allocates about 5 percent of its portfolio to private equity,needs to “work harder to find attractive investment opportunities” in the current slow growth environment.
Paul Yang’s appointment comes barely a month after KKR expanded its Asia-Pacific senior leadership team.
The Seoul-based mid-market private equity firm’s latest vehicle has received close to KRW 300bn of commitments after six months of fundraising.