Manager strategy

A look at the risks facing GPs setting up shop in the Middle East. Plus: Bain Capital's David Gross shares his tips on investing in uncertain times and Morgan Stanley raises its latest fund. Here's today's brief, for our valued subscribers only.

Blackstone is bullish on the region and believes it will benefit from geopolitical uncertainty, Steve Schwarzman and Jon Gray tell Private Equity International.

The investment bank has said it will no longer work with the tech and healthcare investor on placing its latest flagship fund, which is expected to seek at least €3bn.

The effort would be Advent’s second fund in Asia, having raised – and subsequently wound down – a $725m Japan fund in 2008.

The asset manager, which has a $21bn private equity portfolio, was 'too little bullish' on the US over the last decade, global PE head Rainer Ender tells PEI.

There are ripple effects for domestic and global investors under the new US administration's executive order, says Jennifer Choi, chief executive at the Institutional Limited Partners Association.

China buyouts cannot rely on the same cost-cutting measures or buy-and-build strategies as those in the US, according to CDH managing partner Max Hui.

Pension CIOs representing decision-making power behind collective $850bn in assets acknowledge past investment calls ‘wouldn’t work the same going forward.’

New chief executive Benjamin Cordonnier will oversee the firm's day-to-day operations alongside co-managing partner Judith Charpentier.

The fund of funds specialist's next Opportunity fund may include an ex-China sidecar to reflect shifting LP appetites, managing partner Alex Sao Wei Lee tells PEI.