European Venture Capital Journal articles from November 2008

European Venture Capital Journal archives from November 2008

Brown welcomes the weight of the world; the bank bailout plan is universally hailed as a stroke of genius, but for private equity, it means little.(EDITOR'S NOTE)
November 1, 2008... [ILLUSTRATION OMITTED] From Mr Bean to the saviour of the capitalist system, it's been quite a month for Gordon Brown, who has never looked more confident in his prime ministerial role since he took over last summer. The 500bn [pounds...

Iceland looking to offload debt.(REYKJAVIK)
November 1, 2008... Icelandic investment group Baugur has attracted interest from a number of private equity firms looking to buy its debt valued at 1bn [pounds sterling]. The list of potential private equity bidders includes Permira, TPG, Blackstone and...

UK standing strong.(LONDON)
November 1, 2008... The UK private equity market has proved resilient in the face of worsening financial conditions. Data from the Centre for Management Buyout Research (CMBOR) has shown that whilst total deal value for the first nine months of this year is...

Regulation talk.(BRUSSELS)(Brief article)
November 1, 2008... European private equity managers' worst fears may become reality as European Commission president Jose Manuel Barroso said at the latest EU summit that the world must rethink financial regulation and supervisory rules for hedge funds and...

Private equity leads RBS talks.(ZURICH)
November 1, 2008... Private equity group CVC has teamed up with reinsurance giant Swiss Re in a bid for Direct Line and Churchill Insurance businesses of Royal Bank of Scotland (RBS). RBS is the second-largest general insurer in the UK and has 18,000...

Russian private equity market to benefit from financial crisis.(MOSCOW)
November 1, 2008... The Russian private equity market appears to be one of the few sections of the investment community welcoming the economic meltdown currently afflicting the rest of the world. In a report from advisory firm Deloitte, half of those PE houses...

EQT heads east.(WARSAW)(EQT Partners AB)(Brief article)
November 1, 2008... In a bid to obtain a strategic presence in one of the only resilient regions to the credit crunch, Nordic buy-out firm EQT Partners has opened a new office in Warsaw with a team headed by Piotr Czapski. The local presence in Poland is said...

A month of bailouts.(BANKING CRISIS)(Brief article)
November 1, 2008... The month of October has seen a global poker game take place. Starting the bidding with their best poker faces on, Alastair Darling and Gordon Brown placed 643.14bn [euro] of taxpayers' money into the pot in a bid to rescue the world economy....

LBOs on ice: with banks shutting their doors to anyone looking for leverage, what is the future for the LBO? Aimee Donnellan goes looking for some answers.(NEWS ANALYSIS)
November 1, 2008... Global buyout activity has plunged to a four year low according to Thomson Reuters' data. Around US$180bn worth of deals have completed over the past 12 months, and it's clear that for those operating in the LBO space, it's time to do some...

Private equity to shine in UAE: opportunities for investors seeking shelter from economic turmoil are as abundant in the United Arab Emirates as oil.(NEWS ANALYSIS)
November 1, 2008... [ILLUSTRATION OMITTED] The United Arab Emirates (UAE), traditionally known for its extremely rich oil and natural gas resources, ranks five in the world in terms of GDP per capita and third in the Middle East after Qatar and Kuwait,...

Economic turbulence hits Spain: the collapse of Santander's latest fundraising effort chimes with the decline of the Spanish buyouts market.(NEWS ANALYSIS)
November 1, 2008... Statistics for Spain are the first to show the dramatic effects of the markets crisis on private equity (PE) and venture capital in a developed European market. Compared with the first mine months of 2007, total investment fell 45% to...

Motivational problems: with little deal activity, private equity houses are concentrating on portfolio management. But is this enough to keep their staff happy?(NEWS ANALYSIS)
November 1, 2008... Keeping staff motivated during boom times is easy. They're making money for themselves, and by extension the firm, and they're busy--busy doing deals, busy making exits. But what happens when the market goes into hibernation. What happens...

Investing in China: First Capital Partners Limited.(NEWS ANALYSIS)(Brief article)
November 1, 2008... First Capital Partners Limited ("FCP") is an Asian based boutique investment banking services company that specialises in advisory and related direct investments focused on Asia, predominantly China. [ILLUSTRATION OMITTED] FCP Direct...

Feeling the pain: LBO fundraising is set to become a whole lot harder as investors are hit by falling equities markets and almost 1,600 funds take to the road looking for nearly US$100bn.(NEWS ANALYSIS)
November 1, 2008... [ILLUSTRATION OMITTED] Pity the buyout fund manager on the fundraising trail today. Well, maybe pity's a bit of a stretch, but it's certainly a different and much harsher world out there now than it was 18 months ago; even two months ago....

HgCapital sets sights on 1.8bn [pounds sterling]; London buyouts house raising sixth fund.(MID-MARKET)(Brief article)
November 1, 2008... [ILLUSTRATION OMITTED] UK mid-market firm HgCapital is out on the fundraising trail looking for 1.8bn [pounds sterling] for its sixth fund. The London-based house has a pan-European strategy, targeting and the Benelux countries....

Royal Society launches technology fund; British academy to raise 20m [pounds sterling] to support young companies.(VENTURE CAPITAL)
November 1, 2008... UK science academy The Royal Society has reached a first dose on a new fund to support early-stage technology companies. With a final target of 20m [pounds sterling], the Enterprise Fund has so far raised 5m [pounds sterling] using a...

Kaupthing fund in admin.(ICELAND)(KCPII Master)(Brief article)
November 1, 2008... Kaupthing's UK buyouts fund KCPII Master has been taken over by administrators following the Icelandic banking crisis. The recently nationalized Icelandic bank raised 500m [pounds sterling] in 2007, which will now be managed by per centE...

Lehman Bros sells PE arm.(FUND SALE)
November 1, 2008... Lehman Brothers Private Equity (LBPE) is to be acquired by US buyout firms Bain Capital and Hellman & Friedman. The fund has suffered as a result of the squeeze on equities over the last month, and reveled its net asset value dropped 2.4%...

ICG closes US$1bn fund.(ASIA)(Intermediate Capital Group)(Brief article)
November 1, 2008... London-headquartered mezzanine and leveraged loan investor Intermediate Capital Group (ICG) has closed its second Asia Pacific fund, Capital Asia Pacific Fund 2008 (Fund II) at US$1bn. Fund II is supported by existing investors and has...

Scancell is year's first VC IPO: investors celebrate listing of biotech business.(FLOATATION)
November 1, 2008... Scancell Holdings has become the UK's first venture-backed IPO of 2008 by listing on London's junior PLUS Market. The cancer vaccine specialist floated with a market capitalisation of 6.1m [pounds sterling], launching with a price of 60p...

BSN sale scrapped; Montagu forced to shelve exit plans.(CREDIT CRISIS)(BSN Medical)(Brief article)
November 1, 2008... The sale of German wound care company BSN Medical has been scrapped by vendor Montagu Private Equity. The London headquartered firm was rumoured to be looking for between 1.6bn [euro] and 1.9bn [euro] by the end of March next year, but...

Hello angels: venture capitalists are leaving the seed investment space in droves, making angel investors the potential saviour for all young businesses. Chris Padfield of London Business Angels speaks of the opportunities generated by economic turmoil.(PROFILE)
November 1, 2008... The role of business angels in the development of European start-up companies is likely to be more important than ever as the global economy worsens. Venture capitalists, increasingly risk adverse even before the credit crunch, will now be even...

Bad signs: Whilst Europe's real estate sector takes a pounding from the economic crises, investors continue to hand over large sums of money to private equity real estate funds. Anthony O'Connor finds out why.(FEATURE: REAL ESTATE)
November 1, 2008... [ILLUSTRATION OMITTED] As investors continue to pour money into private equity real estate funds, it's made for rather perverse viewing. Just before the summer data provider Private Equity Intelligence predicted that 2008 would see more...

The bubble has burst: despite the economy collapsing and the real estate sector sinking, real estate investors are confident that the next two years could prove to be vintage years for the industry.(FEATURE: REAL ESTATE)
November 1, 2008... Following years of exuberance in European residential and commercial real estate the bubble is finally deflating with a high-pitched squeal in many segments and in a growing number of geographies across the region. [ILLUSTRATION OMITTED]...

Shelter from the storm: with economic turbulence at home, the instinct is to stay with what you know. But evidence suggests that for the first time during a Western recession, emerging markets are increasingly attractive.(LP ANALYSIS)
November 1, 2008... [ILLUSTRATION OMITTED] In times of economic turmoil, LPs have historically battened down the hatches, pulled in their oars and rode out the economic storm close to home. But with fundraising in the emerging markets continuing unabated...

The bear roars: private equity in Central and Eastern Europe has offered promise for the braver investors, but even their resolve is being tested following Russia's military action in Georgia.(FEATURE: CENTRAL AND EASTERN EUROPE)
November 1, 2008... [ILLUSTRATION OMITTED] The invasion of Georgia by the Russian army evoked images many thought had been consigned to the dustbin of history. As politicians lined up to condemn the actions, investors active in the region, which has grown as...

The Romanian gamble: strong economic performance has earned Romania something of a glittering reputation, but behind the positives lies a risky investment destination.(FEATURE: CENTRAL AND EASTERN EUROPE)
November 1, 2008... With the maturing of CEE markets such as Poland, investors are increasingly looking to the region's second-largest country, Romania, for future growth. With a population of 22 million, membership of the EU and high economic growth rates,...

EU Parliament slammed over timing of report: despite banks collapsing and stock markets plunging, the European Parliament decided to press on with discussions on how to regulate private equity and hedge funds, much to the dismay of some.(LEGAL AND REGULATORY)
November 1, 2008... [ILLUSTRATION OMITTED] Whether you like it or not, regulation is coming. In the latest reports surrounding the controversial regulation proposals for private equity, the EU Parliament called for tighter reigns to be put on the private...

IPOs reach new low.(PUBLIC MARKETS)
November 1, 2008... New offerings on the public market of Europe have suck to record depths following the loss of confidence in capital markets across the world. PricewaterhouseCoopers, in its latest IPO Watch Europe Survey, has revealed the total value of...

UK buyouts holding on: Europe's largest private equity market down but not out.(DATA ROOM)
November 1, 2008... The UK private equity market has proved resilient in the face of worsening financial conditions. Data from the Centre for Management Buyout Research (CMBOR) has shown that whilst total deal value for the first nine months of this year is...

Pension blame dismissed by report: less than a third of companies with pensions funds under PPF control are backed by private equity firms says Close Brothers.(DATA ROOM)
November 1, 2008... Despite suggestions that private equity firms have been responsible for driving a significant number of pension funds into the control of Pension Protection Funds, companies backed by private equity firms account for just 29% of the pension...

Palamon adds media and comms veteran.(PEOPLE)
November 1, 2008... [ILLUSTRATION OMITTED] Peter Currie has been appointed to the board of advisors at UK mid-market firm Palamon Capital Partners in London. Currie currently serves as director on a number of public and private corporations, including Sun...

Greenpark names new investment director.(PEOPLE)(Greenpark Capital appoints Robert Savage )(Brief article)
November 1, 2008... [ILLUSTRATION OMITTED] London-based secondaries specialist Greenpark Capital has hired Robert Savage has joined the company as an investment director based in London. Savage spent 13 years at Doughty Hanson where he was involved at a...

Bryan Garnier adds healthcare expert in Paris.(PEOPLE)
November 1, 2008... [ILLUSTRATION OMITTED] Corporate adviser Bryan, Gamier & Co has recruited Jean-Yves Coste as a senior adviser to the healthcare team to be based in Paris office. Coste was previously based in London and was head of US investment bank...

Fidelity hires Duing.(PEOPLE)(Fidelity Equity Partners appoints Jens During)(Brief article)
November 1, 2008... US headquartered mid-market firm Fidelity Equity Partners has appointed Jens During as a senior associate in its London office. Duing was previously an associate in Dresdner Kleinwort's TMT team, where he advised on a variety of merger and...

Permira appoints senior advisor.(PEOPLE)
November 1, 2008... UK LBO for construction giant Permira has appointed David Williams, former CEO of SIG as senior advisor to the firm. Williams will be responsible for identifying opportunities in the industrial product and services sector, with a particular...

Promotion at Indigo.(PEOPLE)
November 1, 2008... Anglo-French investment management firm Indigo Capital has appointed Monique Deloire as partner. Deloire began her career at the accountancy firm Mazars in Paris before moving to Societe Generale's acquisition team in London in 1995. She...

Entrepreneurs make partner.(PEOPLE)
November 1, 2008... Life science and cleantech venture capitalist Entrepreneurs Fund has appointed Alexis Figeac as partner. Figeac joined the team to develop Entrepreneurs Fund's capabilities in the cleantech sectors. Having founded Axiom Venture Capital six...

Rothschild makes double promotion in Paris.(PEOPLE)
November 1, 2008... [ILLUSTRATIONS OMITTED] Paris-based asset management firm Edmond de Rothschild Capital Partners (ERCP) has made two promotions. Herve Fonta has been made partner and Bertrand Demesse has been appointed investment manager. Fonta joined...

Yoder joins Altius.(PEOPLE)(Altius Associates Ltd. appoints Jay Yoder)(Brief article)
November 1, 2008... [ILLUSTRATION OMITTED] Private equity investment manager Altius Associates has appointed Jay Yoder as partner and head of real assets. He will be located in the Altius North American, Richmond, Virginia office. Yoder will specialise in...

Benson expands team.(PEOPLE)(Benson Elliot)(appointments)(Brief article)
November 1, 2008... [ILLUSTRATIONS OMITTED] Private equity real estate firm Benson Elliot has made three additions to its management team. Joseph DeLeo has been made partner and director of portfolio management in Benson Elliot. DeLeo has 12 years private...

Lyceum makes four appointments in London.(PEOPLE)(Lyceum Capital)(Brief article)
November 1, 2008... Lyceum Capital has made four new executive appointments to its investment team. Simon Hitchcock will join Lyceum as a partner from Sovereign Capital where he worked as a director since 2002. He has 12 years experience in private equity and...

Vision Capital appoints Ernst & Young COO.(PEOPLE)
November 1, 2008... Mid-market investment firm Vision Capital has appointed David Robinson as chief operating officer. Robinson is a senior operations executive with international corporate and financial experience. He joins the management team in Vision...

Hogan & Hartson makes key hire.(PEOPLE)
November 1, 2008... [ILLUSTRATION OMITTED] Hogan and Hartson has appointed Olga Boltenko as a tax counsel, focusing on UK, Russian and international tax matters in the firm's London office. Boltenko has experience providing tax advice to companies on...

Soc Gen makes four appointments.(PEOPLE)(Societe Generale S.A.)(Brief article)
November 1, 2008... Societe Generale has expanded its corporate and investment banking, global investment management services and operating efficiency and innovation support functions by expanding its team with four new appointments. Replacing Alain Clot,...

Arcapita appoints director.(PEOPLE)
November 1, 2008... [ILLUSTRATION OMITTED] Bahrain-based investment firm Arcapita Bank has appointed John O'Donoghue as director within Arcapita Ventures. He will be based in the London office. O'Donoghue joins Arcapita from his position as a managing...

Phoenix recruits new investment manager.(PEOPLE)
November 1, 2008... Mid-market private equity firm Phoenix Equity Partners has hired Clarissa Beresford as an investment manager. Beresford joins Phoenix from the investment banking division of JP Morgan where she was responsible for a number of corporate...

DIC expands its team.(PEOPLE)
November 1, 2008... Dubai International Capital (DIC) has made three appointments. Alykhan Nathoo has been recruited as chief executive officer of DIC Emerging Markets, Eric Kump has been made managing director of private equity and Marc Hollander has been...

Pantheon continues expansion.(PEOPLE)(appointments of Carol Foster and Jeff Lumbard )(Brief article)
November 1, 2008... [ILLUSTRATION OMITTED] Private equity fund-of-funds investor, Pantheon, in US has strengthened its San Francisco team with the addition of two senior professionals. The move follows the recent appointment of three new investment...

Sovereign expansion.(PEOPLE)
November 1, 2008... UK-based private equity buy & build firm Sovereign Capital has appointed Jon Edington as assistant director to its portfolio development team. Edington joins Sovereign from 3i where he spent seven years managing a number of investments...

Investcorp appoints Tanner.(PEOPLE)
November 1, 2008... Manager of alternative investment products Investcorp has appointed James Tanner as head of placement and relationship management. Under the new position he will become a member of Investcorp' s management committee based in Bahrain. ...

Foresight expands its eco team.(PEOPLE)(Foresight Group appoints Mike Rand and Tom Thorp )(Brief article)
November 1, 2008... Alternative asset manager Foresight Group has further expanded its environmental team with two new appointments. Mike Rand joins Foresight as an investment director from the European Bank for Reconstruction and Development (EBRD). Tom Thorp...

BVCA recruits chief economist to new role.(PEOPLE)
November 1, 2008... [ILLUSTRATION OMITTED] Roger Kelly, former research advisor to the Bank of bEngland's Monetary Policy Committee has been appointed chief economist at the British Private Equity and Venture Capital Association. Kelly's previous roles...

Argos hires lead investor.(PEOPLE)(Argos Soditic appoints Constance Jay)(Brief article)
November 1, 2008... [ILLUSTRATION OMITTED] Independent private equity firm Argos Soditic has hired Constance Jay to lead its investor relations team. She will be based in Paris. Jay will be in charge of maintaining and developing relationships with...

Bowmark makes double appointment in London.(PEOPLE)
November 1, 2008... [ILLUSTRATION OMITTED] Mid-market private equity firm Bowmark Capital has recruited two new members to its investment team. Julian Masters joins the firm as partner and Tom Shelford as an investment director. Masters has over nine...

Barclays expands Manchester team.(PEOPLE)
November 1, 2008... Mid-market private equity firm Barclays Private Equity has appointed Steven Whitehead as investment manager to its Manchester team. Whitehead joins Barclays from Altium Capital where he was an assistant director in the corporate finance...

Astorg appoints Couturier as partner.(PEOPLE)(Astorg Partners appoints Christian Couturier )(Brief article)
November 1, 2008... French private equity firm Astorg Partners has appointed Christian Couturier as partner. Couturier joined Astorg as a director of investments in 2001. He began his career in 1993 at London-based Bossard Consultants where he held the...

LBO syndications arranged.(Bartec)(leveraged buyout)(Bodycote)
November 1, 2008... Alliance Medical TARGET NATION: UK DATE ANNOUNCED: 05/11/07 DEAL TYPE: SECONDARY BUYOUT ACQUIRER: DIC TOTAL VALUE: 600M [pounds sterling] MANDATED ARRANGER: BOS AND DKIB FINANCING: 372M [pounds sterling] ...

Seeking buyers.(Table)
November 1, 2008... SEEKING BUYERS Seeking buyers includes listings of all European companies that have announced plans since September 24th, 2008 to October 14th, 2008 to sell divisions, stakes or their entire company. It also includes purported sales...

Announced deals.(Table)
November 1, 2008... ANNOUNCED DEALS Announced deals includes listings of private equity and venture capital transactions involving European targets announced between September 20, 2008 and October 13, 2008. The listings are ordered by target nation, and...

Private equity needs a public face: in times of economic difficulty, the need for private equity to project a positive public image is more important than ever. Maryam Meddin, managing director of corporate communications specialist Clams, explains how best to do it.(COMMENT)
November 1, 2008... There is an inverse relationship between the success of private equity firms and their public image. As they have prospered, so the clamour of their critics has reached a deafening pitch. It was always in the nature of the private equity...

The golden goose loses its shine: Asian private equity investors face up to the credit crunch.(EDITOR'S NOTE)
November 1, 2008... [ILLUSTRATION OMITTED] China is often seen as the golden goose for private equity. Recently, China's head of financial affairs at the National Development and Reform commission met with private equity groups including: TPG Capital,...

Buyout blues: PE industry is developing in both India and China but the outlook is still pessimestic for returns.(LBOs)
November 1, 2008... [ILLUSTRATION OMITTED] The Asian banking system in general has escaped the worst effects of the current downturn, according to Max Burger-Calderon at Apax Partners in Hong Kong. "Out here, they never had the opportunity to do the same...

Asian venture capital in flux: lack of talent limits growth as cleantech solutions emerge from the region.(VC)
November 1, 2008... Asia is quite like Europe, according to Vincent Chan, president of the Hong Kong Venture Capital and Private Equity Association and founder of investment firm Spring Capital Asia. "It is made up of around 15 major countries, each with their own...

Japan: Fraser van Rensburg, a partner at MVision looks to the land of opportunity.(SPONSORED ARTICLE)
November 1, 2008... With China and India seizing the limelight on the Asian circuit with their fast-paced economic development, Japan has often been viewed as a contradiction in terms: the world's second largest economy, but challenging for entrepreneurs to find...

The destination for Asian LBOs: China is key to Australia's ongoing prosperity.(AUSTRALIA)
November 1, 2008... [ILLUSTRATION OMITTED] Benign economic conditions down under for the past decade have left Australians with a sense of surprise tinged with apprehension at the current global market turmoil. LBO activity has continued, albeit at a much...

Knock-off drugs: dramatic shifts in the Japanese pharmaceutical market have opened the door to venture capitalists.(JAPAN)(Industry overview)
November 1, 2008... A combination of government interventions to lower prices--in response to an ageing demographic--poor productivity from pharmaceutical research and a drive to encourage uptake of generic medicines has prompted a flurry of mergers and...

Business as usual: a credit crunch survival story.(INDIA)
November 1, 2008... [ILLUSTRATION OMITTED] India's economy, for several years has been one of the most remarkable success stories of the 21st century. It has remained cheerfully untroubled by the global financial turbulence--if you discount falls in the...

FDI unwelcome: foreigners suffer in SK while home grown PE thrives.(SOUTH KOREA)
November 1, 2008... [ILLUSTRATION OMITTED] Do South Koreans want to have their cake and eat it? That could be the conclusion that international private equity firms and other financial players reach after watching the five-year Lone Star/KEB saga unfold. ...

Golden opportunity: when markets take a turn for the worst, savvy investors can make excellent returns.(PRC)
November 1, 2008... [ILLUSTRATION OMITTED] A sustained downturn in the fortunes of China's venture capital-backed companies, leading to a series of defaults from domestic funds, will in due course create 'golden opportunities' for investors, according to...

Kok-Yew Tang, chairman & managing partner, Affinity Equity Partners.(PEOPLE)
November 1, 2008... Tang has been involved in private equity since 1989. He joined UBS Capital as chairman, Asia Pacific in 1999 before co-founding Affinity Equity Partners in 2002. Prior to UBS Capital, he was the chief executive for investment banking East Asia...

X.D. Yang, MD & co-head Carlyle.(PEOPLE)
November 1, 2008... Xiang-Dong Yang is a managing director focused on Asian buyout opportunities. He is based in HK. Prior to joining Carlyle, Yang spent nearly 10 years at Goldman Sachs, and was MD, co-head of private equity investments for Asia ex Japan, and a...

Simon Pillar, MD, Pacific Equity Partners.(PEOPLE)
November 1, 2008... Pillar is a founder of PEP, an Australasian buyout house. Prior to founding PEP, Pillar was a vice president of Bain & Company. He has ten years of consulting experience in the US, Asia, and Australasia. Pillar has been active in Australia and...

Andrew Yan, managing partner, SAIF Partners.(PEOPLE)(Brief article)
November 1, 2008... Andy Yan joined SAIF in October 2001 and heads SAIF as the managing partner. Prior to joining SAIF, Yan was managing director & head of Hong Kong Office of Emerging Markets Partnership which is the Principal Advisor to AIG Asian Infrastructure...

John Ehara, partner, Unison Capital.(PEOPLE)
November 1, 2008... John Ehara co-founded Unison Capital in 1998. He has been an active member of the Investment Committee and providing overall leadership in growing the firm. He co-led investments in Cosmos Initia, Media Leaves and Orient Credit. In 2005, he...

Anna Cheung, partner, 3i.(PEOPLE)
November 1, 2008... Cheung joined 3i in 2001 as a founder member of the Hong Kong team. She currently works in Hong Kong and has spent time in the 3i offices in London and New York. Cheung's main geographical focus is China and her sector experience is consumer,...

Larry Li, MD, DFJ Dragonfund China.(PEOPLE)(Larry Guangxin Li)(Shanghai DJ Venture)(Brief article)
November 1, 2008... Dr Larry Guangxin Li was born in China and has spent his entire career in China. Li was a cofounder and managing director of SHVC--Shanghai DJ Venture and has been a managing director of Shanghai VC (International) since 2000. He has over 18...

Neil Shen, managing partner, Sequoia Capital China.(PEOPLE)
November 1, 2008... Neil Shen is a Founding Managing Partner of Sequoia Capital China. Prior to joining Sequoia Capital, he served as president & CFO of Ctrip.com International Limited, an online travel company in China which he co-founded in 1999 and where he...

Piau-Voon Wang, partner, Adams Street Partners.(PEOPLE)
November 1, 2008... Wang is a partner who joined Adams Street Partners initially in the London office in 1999 to research the Asian markets and has been involved in formulating Adams Street's private equity fund investment strategy for Asia. He opened Adams Street...

Melissa Ma, co-founder and MD of Asia Alternatives Management.(PEOPLE)
November 1, 2008... Melissa Ma is a co-founder and managing director of Asia Alternatives. Ma leads Asia Alternatives' San Francisco office, which serves as the Firm's base for investor services, marketing, and corporate financial management. Ma is on the Firm's...

John Zhao, CEO, Hony Capital.(PEOPLE)
November 1, 2008... John Zhao is the founder, CEO and managing director of Hony Capital. Zhao sets strategy for Hony Capital, and leads the senior management team in the execution of Hony's investment programs. Zhao plays an active personal role in each of Hony's...

YanPing Xu, CEO & fund manager, Ginger Capital Management.(PEOPLE)
November 1, 2008... YanPing has over 17 years' experience in a broad range of financial markets. During this time, she developed extensive connections with key individuals in organizations across the region, particularly in Greater China. From 1998 to 2003, she...

Allocations higher than Europe: LPs are keen to balance exposure to the US and EU.(COMMENT)(limited partnerships)
November 1, 2008... Limited partners, battered by the credit crunch, are not intoxicated with Asia right now. However, for reasons including their historical over-allocation to developed economies, the comparative stability of developing Asian economies compared...