Asia-Pacific

Lord Malloch-Brown says industry can help end poverty

The UK's Minister for Asia, Africa and the UN called on emerging markets managers not to shirk their social and enviromental responsibilities in the countries where they invest.

Tembusu rolls out emerging Asia programme

The Singaporean private equity firm is raising a fund to target quoted companies in its emerging market territories.

‘Mother of all tax hikes’ opposed by industry groups, Republicans(3)

The Private Equity Council, National Venture Capital Association, International Council of Shopping Centers and many Republican lawmakers have come out in opposition to legislation introduced yesterday that would significantly increase US taxes for alternative investment fund managers.

Blackstone hires former H&Q pro(2)

Former H&Q Asia Pacific managing director Andrew Kuo has joined The Blackstone Group’s growing Hong Kong staff as a managing director for greater China.

Adveq opens Beijing office, closing $200m fund(4)

Adveq, the Swiss fund of funds, has opened its first Asian office at the same time as closing its debut fund for the region.

Pantheon and Nova pick up laboratory group for £75m(2)

Pantheon Ventures and secondary investor Nova have bought the scientific laboratory business of Barloworld as it looks to grow the business overseas.

Arsenal opens Shanghai office

Arsenal Capital Partners is the latest private equity shop to open an Asian office. It is the firm’s first office abroad.

DFJ continues global expansion(4)

Two weeks after announcing its newly-formed Russian affiliate, Draper Fisher Jurvetson has established an Israel fund in conjunction with Israeli VC firm Tamir Fishman Ventures.

GA promotes management worldwide(4)

General Atlantic, the global growth equity firm, has continued its Asia push with three promotions to managing director in the region while also advancing staff in its US and Europe offices.

JS closes $158m Pakistan fund

Attracting a wide-ranging investor base, the Pakistani investment firm has closed its first domestic fund. In spite of the assassination of electoral candidate Benazir Bhutto, the fund’s management believes investors with a long-term view can seize an opportunity.