Investors

Federated swoops in for £246m Hermes stake

The deal comes as Hermes continues to fundraise for £1bn for its second infrastructure vehicle.

Breaking into the Korean LP market

The regulatory basics for alternative fund managers wanting to entice the country’s institutional investors into their funds, by Molly Diggins and Albert Jun of Monument Group.

Ardian breaks growth fund hard-cap after ‘big change’ in LP base

The firm held a final close on Growth Fund II at €230m, well above its €200m hard-cap and more than triple the size of its €70m predecessor.

Norway’s SWF dealt PE blow

A government white paper cited transparency issues and management fees as reasons why the $1trn fund should not invest in unlisted equities.

Malaysia’s EPF bullish on North Asia

The Malaysian investor is increasing its private equity investments in China, South Korea and Japan, according to its chief executive.

Ardian’s head of Japan: ‘Tight labour market is a challenge’

The Paris-based manager likes the look of the country's mid-market and sees hiring and investment opportunities as challenges.

Japan: Seven key trends

A surge in both fundraising and deal volume is being hailed as a ‘golden era’ for Japan’s private equity industry.

Japan Post’s private equity package

Japan Post has corralled $1.1bn for co-investments in Japan and is building a powerhouse investment team.

New Mexico SIC to validate all GP fees

The $23bn sovereign wealth fund has hired fund services firm Colmore to validate the fees and carry it pays to its managers.

Placement agents follow direct investing shift

LPs’ increased interest in direct investing is an opportunity for placement agents to diversify their revenue streams.

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