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.
South Korea’s state investment fund is committing to the first Blackstone fund to target longer-term private equity investments.
%2080.jpg "Korea's NPS allocates $610m to local PE fund managers")
The state investment fund’s announcement comes amid a management reshuffle in its alternatives division.
Yuki Kashiyama, an operating principal, and Tomoko Ando, a fund administrator, are promoted in the Tokyo-based firm.
Baring Private Equity Asia’s investment came from its $3.98 2015-vintage Baring Asia VI.
The firm made its first direct investment in Indonesia in May, snapping up a stake in Japfa Comfeed.
The Hong Kong-headquartered firm had initially bought MIRIVE in 2013 through its second buyout fund, Sunrise Capital II.
The transaction comes two months after the firm appointed former HSBC Holdings' managing director Alvin Lim to head the firm’s businesses in Singapore and Malaysia.
Investors on the hunt for US deals are coming under increasing pressure from regulators to reveal ownership and corporate governance.
Pham Vu Thanh Giang and Truong Dieu Le, who have been with the firm for a combined 20 years, became the first female investing partners at Mekong Capital.
The new office will act as a services hub for Partners Group’s affiliates.