Asia-Pacific

Pak-Seng Lai, former head of APAC private wealth at Blue Owl Capital and head of private markets APAC at UBS, joined Coller's Hong Kong office in October.

Head of Australia and New Zealand Joel Thickins will jointly lead the Asia business alongside existing head Ganen Sarvananthan.

A muted IPO market and weakened LP appetite have prompted China’s GPs to enter reset mode.

Asia-Pacific family offices have a greater appetite for direct investments than funds, according to research from Raffles Family Office and Deloitte.

The office is the firm's 10th globally and will initially focus on investor relations functions.

The global chemicals industry experienced a slump following the pandemic, though PE's share of the market is holding steady.

Japanese institutions contributed 54% of the newly closed Fund IV – the largest proportion of any Longreach fund to date, partner Mark Chiba tells PEI.

The Bangkok-headquartered firm has so far received $195m in commitments for 10 Bridge Fund IV, partner Samon Suwannarat tells PEI.

The sovereign wealth fund posted a roughly $552 million quarterly decline in its PE holdings, according to a Wednesday portfolio update.