Jenny Blinch

Offshore LPs are giving a lukewarm reception to Shanghai’s Qualified Foreign LP programme until it is finalised.

With two RMB fund launches, TPG has joined private equity firms like Carlyle and Blackstone in throwing itself wholeheartedly behind an untested and pioneering investment vehicle. Will real estate follow suit?

Offshore LPs invested with China-based private equity managers are concerned at the conflict of interest between USD-denominated vehicles and their RMB-denominated counterparts. But what can be done? Jenny Blinch reports.

The Singaporean sovereign wealth fund registered a portfolio value of S$186bn at 31 March 2010. Asia, and other growth markets including Latin America, remains its key investment focus for the next ten years.

The Swiss firm's twelfth office will support investment activities and client relationships in the Middle East and India.

Ping An Insurance has received regulatory approval to purchase TPG’s 17% stake in Shenzhen Development Bank. The acquisition will be paid in Ping An shares and looks set to make TPG at least an 8x return on its initial investment.

A pilot scheme would allow the conversion of up to 50% of an RMB fund from foreign currency, removing a huge hurdle facing foreign investors seeking access to China's private equity market.

The private equity firm has failed on two previous attempts to sell its controversial 51% holding in the Korean bank.

Improved access to the estimated $1tr Shariah-compliant pool of capital in the MENA region may spur more firms to switch to Islamic private equity funds.

The global co-investment plans of The Carlyle Group and China's Fosun Group confirm: for businesses anywhere, the lure of China is proving irresistible.