Asia-Pacific

Shenzhen’s China Merchants Capital oversees more than $41bn of private equity, infra and real estate AUM and has ambitions to increase this more than threefold.

The Japanese tech conglomerate pledged earlier this year to deploy its own money before raising additional third-party capital due to the underwhelming performance of Vision Fund I.

China and Hong Kong may have been the first to be hit by covid-19, but they are also rebounding quickest. Despite US-China trade tensions, there are plenty of domestic opportunities emerging, say Tracy Wut and Derek Poon of Baker McKenzie.

The investment giant’s flagship private equity funds have delivered a gross return of 27% over the last 12 months as fundraising continues for its record Asia fund.

Private equity deals in Myanmar are rising but Delta Capital still encounters some business owners that need convincing about the strategy.

Performance track record is less important than fees, terms and conditions for Asian institutions considering a private assets fund, according to research from Schroders.

GPs are having more success in hiring from Asia's top placement agents to bolster their in-house fundraising capabilities during the pandemic.

The bank’s private fund group has had two high-profile departures in less than a year amid a wider exodus of placement agents within Asia.

Shanghai-based Chris Lerner and another senior executive are understood to have left the placement agent and advisory firm in August.

Harvest Investment Management is the PE investment arm of Harvest Fund Management, one of China’s largest mutual fund managers with about $180bn of AUM.