Global private markets asset management firm Hamilton Lane has reached a final close on Hamilton Lane Strategic Opportunities Fund 2016, a credit-oriented investment fund, with more than US$210 million in capital commitments, exceeding its initial target of US$150 million. Investors in the fund included insurance companies, Taft-Hartley pension plans, endowments… Read More
EMPEA’s Currency Risk Management Survey is the first pan-emerging markets exploration of the impact of currency volatility on the private equity industry. The survey features the views of 146 industry practitioners, and aims to provide the industry with a better understanding of how both GPs and LPs* report and manage exchange rate… Read More
The Macro Picture: What Makes Power a Compelling Sector for Investment? The rise of emerging markets over the last two decades has had a transformative impact on the world economy. According to the International Monetary Fund, from 1995 to 2015, emerging markets’ aggregate GDP in purchasing power parity terms… Read More
In the age of transparency, ESG reporting has evolved into a common practice for private equity practitioners in emerging markets, as evident by the shift in the dialogue around ESG. Instead of speculating over the value of ESG reporting, practitioners are instead engaging around strategies to enhance the quality and… Read More
The 12th annual edition of EMPEA’s Global Limited Partners Survey features the views of 107 limited partners (LPs) on the emerging markets private equity (EM PE) asset class. This study aims to provide the industry with a better understanding of how LPs’ strategies for investing are evolving; what challenges… Read More
Global investment firm KKR has agreed to pursue acquisitions and investment opportunities by establishing a platform to provide asset management services to the oil and gas industry globally. KKR’s investment in the platform will be made primarily by the KKR Asian Fund II. The platform aims to become an integrated… Read More
Global private equity firm Warburg Pincus has reached a final close on its latest global fund, Warburg Pincus Private Equity XII, with US$12 billion in capital commitments. Investors included public and private pension funds, sovereign wealth funds, insurance companies, endowments, foundations and wealthy individuals, with considerable participation from investors outside… Read More
Download the full brief here. Why Do First-time Funds Matter? First-time funds, defined here as an asset manager’s first private equity (PE) vehicle, have historically accounted for a significant share of fundraising activity in emerging markets (EM). Between 2008 and the first quarter of 2015, 286 first-time funds… Read More
Canadian pension funds Ontario Teachers’ Pension Plan (Teachers) and Public Sector Pension Investment Board (PSP Investments) and retail and commercial bank Banco Santander have formed Cubico Sustainable Investments, a United Kingdom-based firm established to manage and invest in renewable energy and water infrastructure assets globally. The firm, owned equally by… Read More
Key findings from the 2015 LP Survey: Over the next two years, 33% of LPs* plan to increase the percentage of their total PE allocation targeted at emerging markets (versus 41% in the 2014 survey), and 47% of LPs* anticipate increasing the dollar value of new commitments to EM… Read More
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