Hong Kong-based CDH Investments is the largest Asia-based private equity firm in terms of assets under management, currently at $8 billion, according to PEI’s Research & Analytics division.
CDH’s total AUM was roughly 12 percent that of Goldman Sachs, the world’s largest private equity manager with an AUM of $68 billion, according to data from a recent Towers Watson study.
The assets of the China-focused firm may be set to increase significantly. CDH owns about 33 percent of Shuanghui International, which is currently involved in what would be the largest ever US acquisition by a Chinese company – a $7.1 billion deal for pork producer Smithfields Group.
In fundraising, CDH ranked as the top GP in Asia with $6.5 billion raised, followed by Hony ($6.2 billion), RRJ Capital ($5.8 billion) and CITIC PE ($4.6 billion), according to this year’s PEI 300, which measures fundraising totals for the trailing five years.
Asia's top PE managers
|Pacific Equity Partners||Australia||$5.5|
|Baring PE Asia||Hong Kong||$5|
|CITIC Capital||Hong Kong||$4.6|
|Affinity Equity Partners||Hong Kong||$4|
Excludes real estate, infrastructure and fund of funds
Source: PEI's Research & Analytics division