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.Â
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.Â
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