Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
The US pension fund, a major seller in the secondaries market, is planning to allocate 10% of its portfolio to the region.
The Hong Kong direct secondaries firm's latest fund will focus on China and India as it prepares to open a Beijing office this year.
The 30-year private equity veteran will be stepping down from his role as vice-chairman to become an advisory director.
Daizong Wang, a former managing director at CVC Capital Partners, will join the firm to set up its Beijing office and focus on direct secondaries opportunities in China.
The fund of funds manager, which also invests in secondaries, expects global growth across all markets in the coming months to be lower, says Hamilton Lane chief investment officer Erik Hirsch.