Carmela Mendoza
A low interest rate environment and growth in pension fund money continue to fuel to South Korean LPs' expansion into alternatives.
With structural changes in place, increased appetite from LPs and strong dealflow, Japan will continue to be a major market for private equity.
The year delivered strong exits for GPs, increased dealflow in Japan, South Korea and Australia as well as a pick-up in fundraising.
The JD.com spin-out received capital commitments from GIC, Asia Alternatives and the International Finance Corporation.
Where will the capital come from? How will Goldman and CIC raise the fund? Will it be a strategic or financial play?
The boutique investment bank has raised more than half of its intended target of up to $900m for the RMB Fund III in less than six months.
The world’s largest pension fund has hired Sony Computer Science Laboratories to look into incorporating artificial intelligence in its investment operations.
Chris Cho, who joined the investment firm in December from Lazard Asset Management, will head the South Korean outpost as a principal.
LPs are increasingly seeking closer alignment with Asian private equity managers as the industry diversifies away from traditional fund structures, an Intertrust report revealed.
The International Finance Corporation is stepping up its bets on the country as the nation’s growth story shows no signs of abating.