Siddharth Poddar
The total value of private equity investments in New Zealand remained constant at NZ$178m in 2009, while the value of divestments increased ten-fold to $332m.
Simon Lund, who helped establish SVG’s Singapore office in 2008, has joined HarbourVest Partners as the head of sales and marketing for the EMEA regions.
The Hong Kong-based private equity firm’s investment in Famy Care will assist the company’s expansion into developed markets.
Squadron Capital, which is currently raising capital for its second fund of funds, has hired Shi Xiaoni as an associate.
2009 saw the size of the emerging markets fund of funds investor’s portfolio increase by 7% to £2.5bn.
Asian private equity funds compare favourably with global funds across certain parameters such as management fee-offsets and distribution waterfalls.
A recent survey found most LPs plan to increase emerging market commitments, from which most expect net annual returns of more than 16%.
Key Asian buyout firms are among the potential buyers the Japanese private equity firm has approached for the vegetable juice producer, which it reportedly bought for $648m in 2006.
The technology-focused venture capital firm has also hired Paul Sallaberry as a venture partner.
Multiples Alternate Asset Management's LPs include CPPIB, whose $100m commitment marks the Canadian pension's first Indian fund investment.