Institutional Investors See Japan As A Real Estate Darling
A weaker currency and low interest rates are drawing Asia-Pacific property investors to Japan, although similar factors have not helped China’s bruised real estate market. Both Japan and China have kept interest rates relatively low, despite US rate increases, and both have seen weaker currencies as a result -normally a push factor for cross-border institutional investors.
Private Equity Tests Ground For Looser Loans In Australia
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 Appoints New Head Of APAC Real Estate
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.
Ben Chan Now APAC Head For Ontario Teachers' Pension Plan
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.
Asia-Pacific-Based Institutions Invest More Than $200B In Hedge Funds
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.
Asia-Pacific-Based Institutions Invest More Than $200Bn In Hedge Funds
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.
Investors In Asia Pacific Increase Hedge Fund Allocations
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.
Insight Venture Leads $75M Series D In Cyber Security Startup
Darktrace, a UK cyber defence firm, on Tuesday announced their $75-million Series D funding round led by Insight Venture Partners, allowing the company to increase its expansion in Asia Pacific. Existing investors, Summit Partners, KKR and TenEleven Ventures, a specialised VC firm in cyber security companies, also participated in the round. The company’s valuation has touched $825 million post investment.
Transport Bolsters Listed Infrastructure Demand
Australian listed infrastructure offers some of the best quality assets and highly attractive yields, not only across the Asia-Pacific region but on a global scale, an investment specialist says.
LACERS Among Townsend Clients Mulling Heitman Asia Fund
<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>