March 2014 Issue

    Western operational expertise still valued in Asia

    While the demand for expat investment professionals seems to be dwindling in Asia, their operational value-add remains unrivalled.

    On the Record Takahiro Mitani of GPIF

    The $1.16trn Japanese pension fund may be about to make its first PE investments

    Funds of funds Tricks up the sleeve

    How private equity funds of funds are being forced to reinvent themselves

    Investor Base: Lacking leadership

    Harvard is looking for a new private equity chief — again — after the surprise departure of Lane MacDonald 

    LP RADAR: Sovereign risk

    A growing number of unconventional groups are changing the rules of private equity investing. The industry’s traditional LPs must adapt – or risk losing their seat at the table.

    Nicholas Pye Buyout Guy Vive la reine

    Pye is unpleasantly surprised to learn the identity of his new boss

    Privately Speaking: AlpInvest's Wouter Moerel & Volkert Doeksen

    AlpInvest on Carlyle, fundraising and finding new ways to win.

    First Round: Permira launches space rocket

    One of the private equity firm's portfolio companies successfully launched a rocket into space.

    GPs busy as Korea's chaebols rightsize

    Dealflow is starting to pick up in Korea as the country’s flabby chaebols are forced to get in shape.

    CVC drives Jintian expansion in China

    The Beijing-based team at CVC Capital Partners led the charge on improving Jintian's efficiencies and driving regional expansion.

    China's SOEs attract PE interest

    China's state-owned enterprise promise big returns for PE investors, as well as a big challenge.

    Standard PE fund model `unworkable' in Asia

    Unconventional fund structures are the best way to ride Asia’s volatility, according to one Hong Kong-based firm.

    Gresham restrategises after fundraising push-back

    Last month UK-based Gresham said it would reduce its team, raise a smaller fund and do smaller deals.

    PE firms dig the mining sector

    Despite increased private equity interest, including a new dedicated fund launch, the mining sector is unlikely to go mainstream.

    The womens event that isnt

    Hundreds of female private equity professionals will attend the Women’s Private Equity Summit in California this month. 

    KKR liquidates retail funds

    KKR's decision to liquidate two retail funds has grabbed the market's attention, though it may be just a blip.

    High yield bond issuance reaches €70.4bn

    Investors’ search for yield pushed the issuance of European high-yield bonds last year, with even the mid-market feeling the benefits.