PE firms are increasingly seeking loans with slacker terms to help fund buyouts of Australian businesses, creating a testing ground for these kinds of deals in the Asia-Pacific leveraged finance market.
KKR has appointed John Pattar as member and head of the company's real estate business in Asia Pacific, according to an announcement by the pioneering US private equity firm.
Ontario Teachers' Pension Plan has announced that former Khazanah Nasional Berhad executive Ben Chan will be joining the Canadian pension fund manager in Hong Kong as Regional Managing Director for Asia Pacific, effective June 1.
Institutional investors based in Asia-Pacific have allocated more capital to hedge funds in recent years, reaching a record USD202 billion as of the end of 2016, up from USD180 billion a year earlier, according to Preqin’s new Hedge Funds in Asia-Pacific report.
Institutional investors based in Asia-Pacific have allocated more capital to <a href="http://www.valuewalk.com/2017/07/balyasny-asset-management-2/">hedge funds</a> in recent years, reaching a record $202bn as of the end of 2016, up from $180bn a year earlier. This is at odds with allocation trends in North America and Europe, which in 2016 saw a greater proportion of investors indicate they were seeking to draw back from hedge funds than were looking to increase their investments. The majority of capital invested in hedge funds by Asia-Pacific-based investors comes from sovereign wealth funds, while several investors, particularly in South Korea, have made their maiden investments in the asset class in 2016.
Driven largely by sovereign wealth funds, investors in the Asia-Pacific region have increased their allocations to hedge funds to a record $202 billion as of the end of last year, according to research from Preqin.
<p>Heitman is targeting $125 million of capital for the first close of its new Asia-Pacific fund, according to a prospective investor. A board meeting document of the Los Angeles City Employees Retirement System (LACERS) shows that real estate investment manager has attracted most of the capital $120 million from investors advised by The Townsend Group.</p>
Non-listed real estate funds in Asia-Pacific returned an average of 10.6% in 2016, according to the latest annual ANREV index.
The Asia-Pacific witnessed a record year in terms of mergers and acquisitions in the energy space, with 198 transactions valued at USD 77.6 billion in 2016 and the second-largest year-end total going to India.
Paris-based Committed Advisors, a private equity investment manager, has raised its third secondary fund at a hard cap of 1 billion euros, beating its original target of 750 million euros. The fund’s limited partners include pension plans, financial institutions, family offices and high net-worth individuals across Europe, North America and the Asia-Pacific region.