Private Equity
FountainVest raised $1.35bn for its second China fund in eight months, despite its relative youth and lack of track record. Drew Wilson met with CEO and managing partner Frank Tang to find out what this tells us about the firm – and about the maturing private equity landscape in China.
10 min read · 19 September 2013
Changing dynamics in Asia are boosting private equity investment in Vietnam – perhaps more gradually this time around.
8 min read · 19 September 2013
KKR’s new $6bn Asia vehicle has redefined the boundaries of what’s possible for fundraising in the region, though the bigger picture may not be quite as positive.
3 min read · 19 September 2013
Leading secondary advisor UBS lost its chief Nigel Dawn, who later joined Evercore – setting up what could be an epic battle for mandates in the rest of 2013.
3 min read · 19 September 2013
A court ruling against Sun Capital Partners doesn’t just revive the possibility that private equity could be on the hook for pension liabilities, it could undermine the entire model.Thomas Duffell and Nicholas Donato report.
3 min read · 19 September 2013
Some investors are starting to look at Spanish funds again – but the country still has a long way to go to convince most LPs.
3 min read · 19 September 2013
As valuations in the secondary market have risen in recent months, buyers are considering more complex deals and innovative structures to enhance their returns.
5 min read · 19 September 2013
Secondary sales of $1bn or more have essentially disappeared in 2013 – but a resurgence is expected before year end.
5 min read · 19 September 2013
Secondary market deal activity declined dramatically in the first half of 2013, amid strong public markets. Secondary buyers have been waiting for the floodgates to burst open.
5 min read · 19 September 2013
Private equity dealflow continues to stall in China – but so far it hasn’t yet prompted the hoped-for explosion in secondary market activity.
5 min read · 19 September 2013
