Fundraising

Traditionally cautious and subject to ‘hyper-management’ control, Korea’s much- coveted investor base is becoming increasingly more flexible and braver when it comes to buying in the US. PERE Magazine September 2011 issue.

An overwhelming majority of investors who responded to a recent survey planned to maintain or increase their allocations to private equity, with high fees and a lack of transparency dissuading the remainder from committing more capital to the asset class.

Southeast Asia-focused Kendall Court has plans to expand its assets under management and its network of offices, bringing its growth capital-style of mezzanine financing to more of the region’s up-and-coming companies. Managing partner Chris Chia tells Hsiang-Ching Tseng why the 7-year-old firm believes strongly in a niche that has yet to really take root in Asia

The New York-based firm’s second and third funds have underperformed LPs’ expectations, and some large investments in its most recent fund have struggled. But the firm has some unrealized investments that may yet be game changers

The secondaries market has come a long way in a relatively short space of time. Since a handful of pioneers carved out this specialist niche back in the early 1990s, the industry has grown to such an extent that the merry band of early prospectors now looks more like a gold rush.

Buying or selling a secondary stake isn’t always straightforward. Robert Carlson and Stanley Liu explore some of the potential issues for all the parties involved.

An overwhelming majority of investors who responded to a recent survey planned to maintain or increase their allocations to private equity, with high fees and a lack of transparency dissuading the remainder from committing more capital to the asset class.

Chicago-based GTCR has one of the most prolific heritages in all of private equity, dating back to the 1980s. As the firm begins to deploy its tenth and largest fund, chairman Bruce Rauner is in the process of handing over leadership to the next generation of principals. Graham Winfrey meets Phil Canfield and Collin Roche, two of the three heirs to the throne.

Does the sovereign debt crisis represent a clear and present danger to the future of European private equity? Or is it creating the most promising market conditions in 20 years? It depends who you ask, writes James Taylor

Fundraising by firms targeting emerging markets is accelerating, says trade body EMPEA, which predicts the total will reach $40bn by year end, almost double the $23.5bn raised in the whole of 2010.