Offshore LPs invested with China-based private equity managers are concerned at the conflict of interest between USD-denominated vehicles and their RMB-denominated counterparts. But what can be done? Jenny Blinch reports.
9 min read · 24 January 2013
The China Investment Corporation launched a recruitment drive recently as it expands overseas, but only wants Chinese Communist Party members that are good at keeping secrets. PERE Magazine September 2010 issue
1 min read · 24 January 2013
The Hong Kong-based private equity real estate, founded by brothers Goodwin and Kenneth Gaw in 2005, says it will ‘steer clear’ of tier one cities in China and primarily target second and third tier cities instead.
2 min read · 24 January 2013
TPG will join the ranks of other Western firms raising RMB-denominated funds, including Carlyle, KKR and Blackstone. Read more about TPG in the forthcoming issue of PERE.
2 min read · 24 January 2013
Only a day after news of its first RMB fund launch broke, TPG has confirmed it is launching a second, Chongqing-based vehicle, reportedly also with a $736m target.
2 min read · 24 January 2013
The New York-based private equity and real estate giant's joint venture with residential developer Great Eagle has broken ground on its first residential development in China. In doing so, Blackstone gains exposure to one of China's most prosperous regions.
2 min read · 24 January 2013
Hong Kong-based real estate investor Asia Pacific Land is poised to make its private equity real estate fund debut following the appointment of former Warburg Pincus partner Philip Mintz earlier this year.
2 min read · 24 January 2013
The apparent public outrage over CalPERS staff travel makes one wonder: do California pensioners want their global assets managed by under-resourced homebodies? David Snow explores.
3 min read · 24 January 2013
Algemene Pensioen Groep, the Dutch pension fund with approximately €250 bn of equity under management, wants to benefit more from the region’s growth story, according to a report by Bloomberg.
2 min read · 24 January 2013
The firm is backing power developer Moser Baer, as part of its plans to reportedly invest up to $3bn in India over the next five years.
1 min read · 24 January 2013