Buyout

Employee ownership programmes, which seek to build wealth among company workers, are gaining traction in the private equity industry. Are investors losing out on upside, or benefitting from increased value creation?

The Washington DC-headquartered firm expects to be opportunistic in Chinese private equity over the next six to nine months, Xiang-Dong Yang tells PEI.

Roll-up acquisition activity will continue until there is more stability in the larger end of the market, Partners Group chief executive David Layton said during its interim results call on Tuesday.

While some PE firms buy clubs, others such as Sixth Street are finding other ways to gain exposure.

Private equity investors should brace for more uncertainty around inflation and asset valuations in the months ahead after deal volumes slowed in the first six months of the year.

VIG Fund IV is 69% invested and expected to complete one more deal this year, managing partner Chulmin Lee tells PEI.

A host of private markets participants have flocked to Asia-Pacific in recent years as the size and depth of its private wealth community soars.

At PEI's recent Operating Partners Forum, executives from firms including Permira and Antin Infrastructure said sellers are primarily driven by the ability of the buyer to execute on a difficult transaction.

The buyer would join Singapore's GIC and the Kuwait Investment Authority which acquired part of a 10% stake in the buyout stalwart in 2012.

Only 10% of Asian PE deals had insurance last year, versus 80% of those in North America.