We’re excited to announce that Asante has recently appointed Ricardo Felix, Head of Asia-Pacific, to Partner.
One of our Managing Partners, Fraser van Rensburg, was quoted in a Wall Street Journal article by Chris Cumming about American private-equity firms collecting more money from abroad.
In April, Bangkok-headquartered Lakeshore Capital closed its second Thailand-focused private equity fund at its $150 million hard-cap, per a statement from placement agent Asante Capital. Fund II was more than twice the size of its $60.7 million 2014-vintage predecessor, according to PEI data.
Looking ahead to 2021, with much of the practical and portfolio adjustments already made this year, we feel cautiously optimistic that both GPs and LPs are increasingly well-equipped to successfully navigate further market volatility as they focus on their fundraising and capital allocation objectives.
“First time funds coming to market now have an even higher bar to clear, yet there will continue to be successful new managers in today’s environment where they can evidence differentiated attributes and the ability to have generated outperformance historically.”
The coronavirus pandemic slowed private-equity fundraising during the first half, prompted by widespread lockdowns and economic uncertainty, however appetite for the asset class overall has remained strong.
Yaron Zafir will take a senior role at the placement agent and advisory firm, bringing its number of secondaries advisory professionals to 10.
Fraser van Rensburg provides his expert analysis in the April addition of Private Debt Investor.
Fraser van Rensburg and other placement agents discuss fundraising figures for the first half of this year, concerns limited partners may have and their advice to general partners raising money for the first time.
Private-equity fundraising in 2019 has been a cakewalk for big firms. For everybody else, it is more of a slog.