Asia-Pacific

Besides private credit, LUCA 1.0 is also in talks to introduce private equity secondaries, fund of venture capital funds and a private markets sports fund, chief executive Keiko Sydenham tells PEI.

CM Venture Capital plans to seek at least $100m to invest in China, the US and the UK, PEI understands.

In this episode of PEI's Spotlight podcast, three of Asia-Pacific's most senior placement agents discuss how shifting investor appetites are reshaping the region's private markets.

Tokyo-based Basic Capital Management is back in the market for its latest strategy after a nearly four-year hiatus since its last flagship.

PEI reported in 2020 that the firm was mid-way through the process of spinning out incrementally over four vintages.

The RMB fund targets Chinese LPs and aims to hold its first close this year.

Though investors seem increasingly drawn to the market's favourable demographic tailwinds, DPI, exit routes and GP selection remain key considerations for potential entrants.

Private equity fundraising fell for the second year in a row last year, with the number of funds closed almost matching the number seen in 2017.

Managing director Rohan Wolfers tells PEI that Australia's 'relatively low-risk profile in the current macroeconomic and geopolitical climate' is attractive to potential investors.

Japanese LPs increasingly view strong ESG credentials as a must-have, say NSSK’s Jun Tsusaka, Yuzuru Ichinohe and Kiyomi Matsuda.