Asia-Pacific

VIG Fund IV is 69% invested and expected to complete one more deal this year, managing partner Chulmin Lee tells PEI.

PEI caught up with J-STAR partner Tatsuya Yumoto and IR principal Kenta Shima to discuss plans for its fifth flagship fund, which closed on $576m last week.

North American GPs accounted for 89% of Petershill Partners' invested capital as of end-December, with the remainder in Europe, according to its maiden full-year earnings.

The Japan Science and Technology Agency's university endowment will initially rely on gatekeepers until it has enough internal resources to invest directly, PE head Yasuyuki Tomita tells PEI.

AXA Hong Kong and Japan will source PE opportunities as an extension of the insurer's current primaries model, which is managed centrally from Germany.

PEI catches up with Kosmo Kalliarekos, managing director and 14-year veteran of Baring Private Equity Asia, to discuss alignment, IPOs and regulation ahead of its €6.8bn acquisition by EQT.

CBC, which made its name in Chinese healthcare, will open two international offices this year amid plans to become a 'one-stop' asset management shop, CEO Wei Fu tells PEI.

A tumultuous 2021 saw records set in deal and exit value, while US listings of Chinese companies tumbled due to regulatory upheaval, the report found.

The Asian buyout, credit and real estate giant will use most of its IPO proceeds to seed new strategies, according to Hong Kong Stock Exchange filings.

'In the short term, the industry is definitely experiencing some indigestion', said TPG CFO Jack Weingart on the firm's first public earnings, noting TPG expects to hit its targets quicker than it initially thought.