Carmela Mendoza
The US buyout giant has agreed to acquire a majority stake in Ramky Enviro Engineers, underscoring investor confidence in India’s regulatory reforms.
The $1.5trn Japanese investor can now make direct investments into infrastructure, private equity and real estate funds.
Panellists such as Ping An’s Dennis Chan argued direct investing is the way to go, while Sompo Japan Nipponkua Insurance’s Motoyuki Takahashi noted they need capable GPs.
Clearer free structures are more important for LPs than a reduction in fees, research from State Street has revealed.
The Korean sovereign wealth fund expects to boost returns through more manager relationships and co-investments in the Asia-Pacific region.
China’s State Council is encouraging investment in projects in the One Belt, One Road Initiative.
Myoun-Wook Kang, who joined the Korean pension fund in February 2016, is leaving the institution after a wave of key personnel departures early this year.
The firm has backed an ex-Tata Communications executive eyeing data centres and digital media services in Latin America and Asia.
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Richard Kim, a principal at the placement agent, will head the new outpost.
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China’s $810bn sovereign wealth fund is stepping up efforts to make direct investments after backing an Aussie port and a Brazilian pipeline network.