Global Hedge Fund Investors With $812B Prefer Asia
Hedge funds focused on Asia are predicting a surge of new money from North America and Europe as investors move away from overvalued U.S. assets to tap the early pandemic recovery in China and other parts of the region.
Venture Funding In Asia Surpasses North America
Larry Haverty, the managing director of LJH Investment Advisors, and CNBC's Michael Santoli talk investing in China after Goldman Sachs reports that venture capital funding in Asia surpassed North America for the second consecutive quarter.
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.
Canada Oil, Gas Assets Beat U.S. In Clash For Foreign Cash
As energy mergers and acquisitions activity in North America heats up, Canada's attitude toward foreign investors welcomes cash from China, and other nations.
People Moves: AXA IM-Real Assets Expands In North America
<strong>AXA Investment Managers–Real Assets</strong> – The Paris headquartered company has expanded its North American team. <strong>Rob Neiffer</strong> has been named director of asset management. <strong>Shawn Duggal</strong> is now vice president of acquisitions, and <strong>Victoria Rozman</strong> is US director of accounting. <strong>Jimmy Lagreca</strong> has been named senior analyst in asset management. Neiffer joins from <strong>Amazon Worldwide</strong>. Duggal was previously vice president of direct real estate investments at <strong>Partners Group</strong> in San Francisco. Rozman and Lagreca join from <strong>JP Morgan Chase</strong>.
Ohio Police & Fire Expands Into Infrastructure And Agriculture
<p>Ohio Police & Fire Pension Fund is investing in infrastructure and agriculture for the first time.</p>
<p>The pension fund told IPE Real Estate it had committed $100m to the IFM Global Infrastructure Fund and $50m to ACM Fund II.</p>
<p>In <a href="https://realestate.ipe.com/news/investors/ohio-police-and-fire-creates-real-asset-investment-class/10016266.article">November last year</a>, it was reported that Ohio Police & Fire had created a new 5% allocation to real assets.</p>
<p>The infrastructure fund, managed by IFM Investors, is open-ended and invests in core assets across Europe, North America and Australia.</p>
Preqin: Global Private Equity Real Estate Deal Flow Declines In 1Q 2017
North America sees downturn of deals, while Europe posts highest aggregate total since 1Q 2016. The post Preqin: Global Private Equity Real Estate Deal Flow Declines in 1Q 2017 appeared first on Chief Investment Officer.
Paris-Based Committed Advisors Closes Third Secondary Fund At €1B
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.
WestSummit Capital Seeks $300M Third Fund To Invest In Tech
WestSummit Capital is seeking to raise $300 million for its third tech fund, according to an SEC filing. Based in Silicon Valley, Beijing and Hong Kong, WestSummit invests in tech companies in North America and China.
Canada Just Bought Half Of Puerto Rico’s Main Airport
The pension fund for the Canadian armed forces has won an auction to buy 50 percent of the company that operates Puerto Rico’s main airport in San Juan.