Funds

Vehicles reached peak TVPI in their eighth year after launch, compared with the 10th year for developed markets, according to a report from eFront.

The fund would invest in senior and subordinated debt along with structured equity and non-control positions in financially troubled companies.

The firm will have a minimum of $3.8bn of equity to invest in Asia along with capital commitments from its global buyout fund.

The turnaround specialist is expected to seek at least €3bn for the vehicle.

Wang Qiying, chief executive of China Life Private Equity Investment Company, talks to Private Equity International about opportunities in China’s healthcare industry, which is expected to hit $1.2trn by 2020.

The former Abraaj managing partner left the embattled firm in April to run the impact investing arm of asset manager LGT Group.

The firm has raised £800m for its first fund since its 30-year tenure as manager of the Electra Private Equity portfolio came to an end.

Whether it’s due diligence, data exchange or tax software, technology poses some of the biggest issues for a modern private equity firm. We asked leading tech experts to answer some of the most common conundrums.

The €70m Fund II will target controlling stakes in small- and mid-cap manufacturing and services companies in Hungary, the Czech Republic and Slovakia.

The complexity of fund administration is creating competition among service providers for talent and technology.