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.
Triton Partners has amassed €5bn for Triton V, about a third larger than its 2013-vintage predecessor fund.
The firm’s Korea team led by former managing director Gordon Cho has left and set up Elevation Equity Partners.
There is an inverse correlation between capital deployed during the first year of a fund’s investment period and its eventual performance, according to research by eFront.
Yasuyuki Kanda, a former engagement manager with McKinsey & Company, will focus on business development and investor relations.
The multi-family office wants to increase the geographical split of its client base.
Asia private equity in 2019 will see a reshaping of dealflow, strong investment activity in China and Japan, and a decrease in capital commitments from Asian insurers.
Investors are more positive than previously, and an underpenetrated market means more room for new players.
Investor appetite for the region will continue to be driven by large pan-Asian managers.
The Singapore-based fund of funds manager also raised $210m for a co-investment fund, bringing the total to $600m more than its original target.
Record fundraising by pan-Asia buyout funds, less China state-backed dealmaking and a sharp drop in the country's outbound M&A were key themes.