Fund Management

Following the Asian crisis, non-performing loan investment helped establish private equity in Asia. Motoya Kitamura of Alternative Investment Capital tells the story so far and looks at the future of Asian distress.

Sanjiv Kapur, the former head of Asian private equity at Henderson Private Capital, is returning to the industry with a new mission in Singapore.

Despite being targeted at stock markets with apparently voracious investor appetite, some recent European private equity-backed new issues have been forced into sharply lowering their price expectations. Andy Thomson looks at what's sparking investor resistance.

How do you steer an LP super tanker through the sometimes choppy waters of global private equity? In October,Wim Borgdorff, head of fund investment at AlpInvest Partners, spoke to Philip Borel about the challenges facing Europe's largest limited partner.

Ripplewood Holdings, a US private equity firm, and Videoncon Industries, an Indian strategic partner, have won the race to acquire Korea’s Daewoo Electronics in a transaction worth a reported $700 million.

The University of Michigan’s Wolverine Venture Fund is incubating the next generation of venture capitalists, and it has ‘about the same rate of return as most professional funds’. By David Rapp.

The partnership between NRDC and Apollo has also hired Christina Johnson, the former chief executive of Saks Fifth Avenue, in the latest example of top retail talent making the jump to private equity.

Harry Clark, a veteran lobbyist and communications counselor to industry and government officials, is helping America’s biggest buyout firms establish an advocacy group for the private equity industry.

A multitude of government institutions and formally established family offices make the Gulf Region a rich source of capital for the world's leading GPs. The most significant local player is ADIA, the giant investment authority in Abu Dhabi.

Taking full advantage of ultra-liquid debt markets, buyout funds are handing big sums of cash back to investors. As holding periods shorten, are limited partners in danger of getting too comfortable with private equity's new short-termism, asks Philip Borel.