Private Equity News & Analysis

PEI 300: The top-ranked Asia-headquartered firms

A look at some of the climbers, fallers and newcomers in this year’s PEI 300 ranking in Asia.

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The full listing

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Risers and fallers over a decade of the PEI 300

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PEI 300: top 50 firms visualised

Asian private equity firms continue to climb the PEI 300, based on assets under management raised in the last five years.

Five homegrown firms in Asia have climbed their way up the rankings over the last five years. Beijing-based manager Hopu Investment Management has moved up a whopping 155 places in that time period, raising over $3 billion across two funds in 2013 and 2017.

Another China-focused manager, CITIC Capital, also climbed 104 places – the firm raised $1.6 billion last year for buyout opportunities in the country. Hong Kong-based buyout firm Affinity Equity Partners moved up 38 ranks. The firm amassed $6 billion against a $5 billion target in December for its fifth pan-regional fund.

Similarly, pan-Asia manager Baring Private Equity Asia has also climbed the ranks, up 23 spots from last year, while Hony Capital moved up four places in our ranking.

Three managers in our top 10 list have fallen in the overall ranking: PAG fell 46 places, CITIC Private Equity Funds Management fell 10 places, MBK Partners dropped seven spots and RRJ Capital fell three spots.

*Since publication of the PEI 300 in May 2018, Inventis Investment Holdings has been removed from the list pending a request for supporting evidence of fundraising activity.