Asia

The Malaysian private equity firm is giving LPs in its 2013-vintage, $1.3bn Fund VII an exit option, Secondaries Investor has learned.

Quality, valuations, Australia and China – just some of the topics on the minds of Asian secondaries participants, as we discovered this week.

The sovereign wealth fund's sale contains stakes in more than 30 vehicles, including some managed by Apollo Global Management and Carlyle Group.

The Hong Kong secondaries firm, which raised $35m for its debut vehicle, mainly buys LP stakes in Asian and Israeli VC funds.

Nick Miles becomes head of European and Asia-Pacific private equity within the investment bank's private capital advisory group.

The Asian directs specialist has raised nearly 90% of the capital it's seeking for NewQuest Asia Fund IV, which has been in market since at least April.

KKR, Warburg Pincus and TPG-managed funds are included in the Singaporean state investor unit's latest securitised offering.

The portfolio, worth up to $5bn, comprises around 35 positions and is 75% unfunded, Secondaries Investor revealed in March.

Pfäffikon-based Martha Heitmann and Hong Kong-based Brooke Zhou were promoted in May, a spokeswoman confirmed.

The Asia secondaries specialist is seeking $300m for TR Capital IV and is targeting US investors, according to an SEC filing.