CDH Asia's largest PE manager

The Hong Kong-based firm has $8 billion in AUM, the biggest amount among Asia-based private equity firms, followed by Hony and PAG.

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. 

Asia's second biggest private equity asset owner is China’s Hony Capital with an AUM of $7.1 billion, followed by PAG ($7 billion) and Korea’s MBK Partners ($6.3 billion), according to the data.

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

 Firm   Country AUM  (US$bn)
 CDH  Hong Kong  $8
 Hony Capital  China  $7.1
 PAG  Hong Kong  $7
 MBK Partners  Korea  $6.3
 RRJ  Hong Kong  $5.8
 Pacific Equity Partners  Australia  $5.5
 Baring PE Asia  Hong Kong  $5
 CITIC Capital  Hong Kong  $4.6
 JAFCO  Japan  $4.3
 Affinity Equity Partners  Hong Kong  $4

Excludes real estate, infrastructure and fund of funds
Source: PEI's Research & Analytics division