Asian family offices struggle with legacy planning: DBS report
The founders’ wish to retain control remains a barrier to intergenerational succession, a DBS commissioned report found.
Private Markets
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Preqin forecasts private markets AUM to exceed $34trn by end of 2031
Structural demand is supporting infrastructure growth, according to Preqin’s “Private Markets in 2031” report.
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Private markets allocations set to grow among insurers: BlackRock survey
Global insurers plan to up their allocations to private markets, according to a BlackRock survey.
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UBP and Taishin Bank form private banking partnership
The alliance aims to expand Taishin’s international private banking and investment services for wealthy clients in Taiwan.
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Pantheon raises $6bn in its biggest PE secondaries fund
The global private markets firm said it raised significant commitments from investors in Asia and the Middle East.
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Hamilton Lane: Higher-for-longer rates sharpen focus on underwriting
Investments are being underwritten for higher for longer, and tested for potential input-cost pressure, according to Hamza Azeem, managing director in the portfolio management group at Hamilton Lane.
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Schroders sees selective private market access as risks mount
Small and mid-market buyouts, asset-based finance and infrastructure debt are key areas to help investors navigate an uneven recovery in private markets, according to Nils Rode, Schroders Capital’s chief investment officer.
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Chubb Wealth and Hamilton Lane partner for private evergreen funds
The partnership will see Hamilton Lane funds available on the Chubb Wealth platform for eligible Hong Kong investors.
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Partners Group launches private credit income strategy
It aims to generate income that includes senior direct lending, credit secondaries, fund financing, royalties, opportunistic credit, and liquid credit.
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Temasek’s Seviora Group to merge three asset management companies
Seviora Capital is integrating with Azalea and SeaTown to create a new combined asset manager.
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Granite Asia partners with Google AI Futures Fund for Asia startups
The two companies will co-invest up to $2m per startup and give them access to Google’s AI models.
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Endowus partners with CVC for European private credit strategy
This partnership marks Endowus’ first offering of a standalone private credit strategy focused on European direct lending.
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Schroders closes record $1.3bn for co-investment fund
It marks the largest closed-ended commingled private equity fund raised by the asset manager.
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Neuberger closes NB Japan Private Equity Opportunities fund
NB Japan Private Equity Opportunities fund raised approximately JPY70bn ($460m) from a range of investors.
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Chubb Wealth debuts evergreen private markets fund series with S64
The series debuts with two strategies, both investing predominantly in KKR’s K-Series.
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M&G hires global head of impact for private markets
Jen Braswell joins M&G from EQT.
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Aberdeen partners with Finloop to offer tokenised private markets strategy in HK
Through tokenised distribution of the semi-liquid strategy, Finloop Finance’s clients can gain access to private markets assets managed by Aberdeen.