Lexington Partners is a leading global alternative investment manager primarily involved in providing liquidity to owners of private equity and other alternative investments and in making co-investments alongside leading private equity sponsors. Lexington Partners is the largest independent manager of secondary acquisition and co-investment funds with more than $38 billion in committed capital. Lexington has acquired over 3,000 secondary and co-investment interests through over 800 transactions with a total value in excess of $47 billion, including $12 billion of syndications. Lexington also invests in private investment funds during their initial formation and has committed to more than 390 new funds in the U.S., Europe, Latin America, and the Asia-Pacific region. Lexington has offices strategically located in major centers for private equity and alternative investing ‐ New York, Boston, Menlo Park, London, Hong Kong, and Santiago. Lexington also has senior advisors located in Asia, Australia, and the United States.
KPMGis a leading provider of Audit, Tax and Advisory services to private equity worldwide. We respond to business challenges facing private equity with a global perspective and local knowledge spanning industry sectors. Our high-performing people mobilise around our clients, using our expertise to deliver informed perspectives and clear solutions that our clients and stakeholders value.
The KPMG Private Equity group brings together our leading transaction advisory, deal origination, operational value creation, and tax professionals who work full time helping private equity funds to achieve their goals. We combine industry expertise with a deep understanding of the requirements of private equity as we search out the value enhancing attributes of each deal and provide integrated support over the entire investment cycle.
KPMG Private Equity professionals help clients execute deals with greater insight, speed, and decision-making quality. Post investment, we help private equity funds and their portfolio companies identify and execute on value growth opportunities in a diverse range of areas such as aligning IT strategy with the business model, optimizing working capital and operating processes to unlock cash and grow earnings, digitally transforming the business to leverage new technologies, and many others. Depending on the exit route, we also help prepare companies for IPO or manage the sales process. In addition, we help private equity and their portfolio achieve effective tax compliance and manage tax risks while controlling costs and enhancing returns.
KPMG – Dedicated to Private Equity. Dedicated to your success.
Adams Street Partners is a global private markets investment manager with investments in more than thirty countries across five continents. Drawing on 45+ years of private markets experience, proprietary intelligence, and trusted relationships, Adams Street strives to generate actionable investment insights across market cycles. Adams Street is 100% employee-owned and has approximately $40 billion in assets under management. Adams Street has offices in Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, and Tokyo.
Advantage Partners is a leading provider of services to private equity and similar funds focused on the Japanese and Asian markets. Advantage Partners was founded in 1992 by Taisuke Sasanuma and Richard Folsom and has been providing services to funds since 1997, when the firm established the first buyout fund in Japan. Funds served by Advantage Partners have invested in more than 55 companies representing total invested capital of over JPY350 billion across a wide range of industries and sectors. Advantage Partners has offices in Tokyo and in Hong Kong.
Ares Management Corporation is a publicly traded, leading global alternative asset manager with approximately $137 billion of assets under management as of March 31, 2019(1) and 19 principal and originating offices in the United States, Europe, Asia and Australia. Since its inception in 1997, Ares has adhered to a disciplined investment philosophy that focuses on delivering compelling risk-adjusted investment returns throughout market cycles. Ares strives to maintain a consistent credit-based approach in targeting well-structured investments in high quality businesses and real estate assets. Ares believes its growth in becoming one of the largest alternative asset managers is a testament to its experienced management team, focus on performance and high quality investor base, which includes large pension funds, university endowments, sovereign wealth funds, banks and insurance companies.
(1) As of March 31, 2019, AUM amounts include funds managed by Ivy Hill Asset Management, L.P., a wholly owned portfolio company of Ares Capital Corporation and a registered investment adviser.
Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with over $105 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.
CarVal Investors, a leading global alternative asset manager, is focused on distressed and credit-intensive assets and market inefficiencies. Since 1987, CarVal’s experienced team has navigated through ever-changing credit market cycles, opportunistically investing $114 billion in 5,340 transactions across 80 countries. Today, CarVal Investors has $10 billion in assets under management in both credit and real estate strategies.
CCV was founded by former KPCB China Managing Partner, Wei Zhou, together with his TMT investment team of 10 years at the firm.
Leading the top-tier Silicon Valley VC China fund for 10 years, CCV brings a dynamic combination of investors with global perspective and local experience to TMT investment, focusing on early stage and growth stage investments, including innovation in technology, consumer internet and enterprise.
For over 10 years, our team have backed founders building iconic companies from the early stage. Nearly 30% of investments have become unicorns, including JD.com (NASDAQ:JD), CreditEase (NYSE:YRD), Rong360 (NYSE:JT), Himalaya FM, Tan Tan (acquired by NASDAQ:MOMO), VenusTech (SZ:002439), Manzuo.com (acquired by SuNing), Yixia.com, ULUCU (NEEQ:837110), Miaozhen Systems, Asia Innovation Group, Scinor Water (acquired by TRCE:300332), KJY Water (NEEQ:835159), and Arrail Dental.
Wanka Online (HKSE:1762) went public in December 2018, less than 18 months after CCV’s series B investment. Besides, many of CCV’s portfolio companies have seen significant business growth and closed multiple funding rounds, including JD Digits, Perfect, Ice Kredit, Zuzuche, Veer VR, Menya, Bizvane, Joyrun, Cowa Robot, Lomotif, Dingdong Class, Shukun Technology, and Yunhu Health. Several portfolio companies are also preparing for IPOs in the next 18 months.
CCV is widely recognized as a top emerging TMT venture capital firm by peers and the entrepreneur community. It was named among China’s Top 3 High Growth Venture Capital Firms by CV, 2019 China’s Top 10 Growth Venture Capital Firms and 2019 China’s Top 20 Fintech Venture Capital Firms by CVCRI, China’s Top 15 Early-stage Venture Capital Firms by FoF Weekly, China’s Top 30 Internet Venture Capital Firms by Zero2IPO. CCV has won nearly 70 awards within 2 years, and its partner was named among China’s Best Venture Capital Investors by Forbes and Fortune.
CVC Capital Partners is one of the world’s leading private equity and investment advisory firms. Founded in 1981, CVC has completed over 300 investments in a wide range of industries and countries across the globe. Since establishment in 1999, CVC Asia has raised 4 dedicated Asia funds with total commitment of over US$10 billion. As of 30 September 2019, CVC Asia has completed over 60 investments in the region.
Recent Asian investments include:
MAP Active: the #1 retailer and distributor for sport-related and children-related products in Indonesia with more than 900 stores nationwide
Arteria: the largest independent enterprise broadband network operators in Japan with well invested nationwide fibre network
Nirvana: the largest pan-Asian integrated bereavement services provider, with operations across Southeast Asia
RKE: China’s #1 foreign toll road operator
Good Choice: Korea’s #2 provider of online accommodation booking services
UnitedLex: India’s tech-based technology based enterprise legal services provider
As of 30 September 2019, CVC Asia consists of 51 investment professionals across 9 offices in the region.
For over three decades, Eaton Partners has been widely recognized as the world’s leading fund placement specialist. Since the firm’s founding in 1983, we have participated in raising over $100 billion of institutional capital across more than 125 highly differentiated investment funds, including private equity, private credit, real estate, real assets and hedge funds.
With over 80 employees in nine offices worldwide, our reach is extensive and our dedication to capital raising is unparalleled. Our professionals have strong, long-held relationships with over 4,000 of the largest, most active institutional investors in the US, Europe and Asia. Our investor network, from pension funds and consultants to endowments and foundations, all have a desire to invest substantial capital, with the average commitment of $50 million.
Our deep sector knowledge and unrivaled insight into the private fund market across several asset classes allows us to raise capital efficiently and effectively. We thrive on working alongside the most innovative funds and consistently partner with the highest-quality fund managers.
We are the pioneers of fund placement. We are placement experts.
In January 2016, Eaton Partners became a wholly owned subsidiary and affiliate of Stifel Financial Corp., a leading middle-market investment bank, to further ensure Eaton Partners’ success at the highest level of the global placement business.
Eaton Partners is a division of Stifel, Nicolaus & Company, Incorporated, Member SIPC and NYSE. Eaton Partners subsidiary Eaton Partners (U.K.) LLP is authorized and regulated by the Financial Conduct Authority (FCA). Eaton Partners subsidiary Eaton Partners Advisors (HK) Limited is approved as a Type 1-licensed company under the Securities and Futures Commission (SFC) in Hong Kong. Eaton Partners and the Eaton Partners logo are trademarks of Eaton Partners, LLC, a limited liability company. Eaton Partners, 2019.
Globis Capital Partnersis one of Japan's leading independent venture capital firm that primarily invests in Japanese IT startups from early stage to pre-IPO stage. Globis has actively managed six funds totaling approximately USD 1 billion, including Globis VI (USD 380 million) raised in 2019. All closed funds were ranked in the top quartile in global VC benchmarks in their respective vintage years*, and it has multiple unicorn and unicorn potential startups in its current portfolio. About 80% of LPs are institutional investors both from and outside of Japan.
Globis takes a lead role in a financing round and provides hands-on management support to its portfolio companies. Its key strengths are in the network of talents in the venture ecosystem that Globis Capital Partners has built, and the unequaled experience in guiding portfolio companies to Japanese public markets.
With its unique combination of western style investment expertise obtained through a joint venture with Apax Partners and Japan-local business expertise through Globis Group, which runs No.1 MBA program in Japan, Globis continues to lead the VC market in Japan.
Hamilton Lane is an alternative investment management firm providing innovative private markets services to sophisticated investors around the world. The firm has been dedicated to private markets investing for more than 28 years. We employ 374 professionals in 16 offices around the world with approximately $64.5 billion in discretionary assets under management and oversight of an additional $409 billion in advisory assets as of June 30, 2019. We provide a wide array of discretionary and non-discretionary services tailored to address the needs of our clients. We are proud to have been named a Best Place to Work by Pensions & Investments for seven consecutive years.
For more information, please follow Hamilton Lane on Twitter: @hamilton_lane.
HarbourVest is an independent, global private markets investment specialist with 36 years of experience and more than $64 billion in assets under management, as of June 30, 2019. The Firm’s powerful global platform offers clients investment opportunities through primary fund investments, secondary investments, and direct co-investments in commingled funds or separately managed accounts. HarbourVest has more than 500 employees, including more than 125 investment professionals across Asia, Europe, and the Americas. This global team has committed more than $37 billion to newly-formed funds, completed over $21 billion in secondary purchases, and invested over $11 billion directly in operating companies. Partnering with HarbourVest, clients have access to customized solutions, longstanding relationships, actionable insights, and proven results.
Japan Industrial Solutions, Ltd. (JIS) was jointly established as a private equity asset manager in 2010 by four top Japanese banks: Development Bank of Japan Inc., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, and MUFG Bank, Ltd.
JIS raised 100 billion yen for JIS Fund I and 105 billion yen for JIS Fund II respectively. By utilizing means of investment such as common stocks, class stocks, convertible bonds, and term loans, JIS targets to invest in medium to large Japanese corporations with its focus on the investment themes of corporate turnaround, reorganization, business succession and support for growth, and has invested in 12 companies so far.
JIS is fully committed to providing optimal solutions to the companies it invests in as a vital partner by drawing on its strength—collaboration with highly dependable sponsors and access to a wide-ranging network of resources and experts.
Jupiter Impact Partners is a private equity firm founded by a team of seasoned and progressive minded investors who share the core belief that sustainable investing holds the key to the future success of Asia. By aligning its investment activities with the UN SDGs, Jupiter aims to make impactful social and environmental changes through innovative small medium sized enterprises in Asia while generating attractive risk-adjusted financial returns for its investors.
NSSK is an investment business with a focus on Japan. The Founding Members have been core members of the Japan business of TPG and NSSK is an extension of the investment activities performed by the Founding Members and its Senior Advisors.
NSSK’s mission is to build a best-in-class investment firm to generate superior returns on our investments. We protect the interests and reputation of our business partners at all times. NSSK will provide expansion capital, critical business processes for operational improvement and management talent from its network of domestic and international operating executives.
We identify and recruit the very best person for every job, take great pride in the professional quality of our daily interaction, stress creativity in everything we do, emphasize teamwork as a culture and ensure that integrity is at the heart of everything we do.
Ocean Link is a pioneering consumer PE fund with a focus on China’s travel and leisure sectors. Through a USD fund and an RMB Fund, Ocean Link currently has over US$700 million under management. With teams in Shanghai, Beijing and Hong Kong, Ocean Link invests across the value chain and sub-verticals of the travel and leisure sectors, including online & offline travel services, hotels and resorts management companies, destination services and entertainment, sector-related technology and business solutions providers. Ocean Link actively applies its deep sector insights and network to create value every step along investment life cycle.
Ocean Link’s strategic partners and shareholders include Ctrip - the largest online travel agency in China, and General Atlantic - a leading global growth equity firm. The funds’ LPs include Chinese and global corporates, financial institutions, and sovereign wealth funds.
PAG is one of Asia's largest alternative investment firms, managing a diverse array of funds in opportunities across private equity, private debt, real estate and absolute returns. With more than US$30 billion in funds under management, PAG's deep expertise and on-the-ground presence in key Asian markets provide us with access to proprietary deals and flexibility to create innovative financing solutions. PAG employs over 350 people across Asia and in major global financial centers and has dedicated funds and teams focused on each strategy. Since 2002, the firm has invested over US$45 billion in markets across Asia, creating value for PAG's investors and portfolio companies.
Pantheon is a leading global private equity, infrastructure, real assets and debt fund investor that has invested on behalf of over 585 investors, including public and private pension plans, insurance companies, endowments and foundations, over four decades. Founded in 1982, our eight global offices include three in Asia, in Hong Kong, Seoul and Tokyo from which the firm has operated since 1992, 2014 and 2018 respectively. Pantheon has developed an established reputation in primary, co-investment and secondary private asset solutions across all stages and geographies. Our investment solutions include customized separate account programs, regional primary fund programs, secondaries, co-investment, infrastructure and real assets programs. As at March 31st, 2019 Pantheon had $46.3 billion assets under management and we currently have around 300 global employees. Pantheon is majority-owned by Affiliated Managers Group Inc. (“AMG”), alongside senior members of the Pantheon team.
Permira is a global investment firm that finds and backs successful businesses with growth ambition. Founded in Europe in 1985, the firm advises funds with a total committed capital of approximately US$48 billion (€44 billion). The Permira funds make long-term control buyout investments and strategic minority investments in companies with the ambition of transforming their performance and driving sustainable growth. Over more than three decades, the Permira funds have made over 250 private equity investments in five key sectors: Consumer, Financial Services, Healthcare, Industrial Tech and Services and Technology.
The Permira funds have been operating in Asia for more than a decade with offices in Tokyo, Hong Kong, Seoul and Shanghai. During that period, over US$3.6 billion (€3.2 billion) of capital has been deployed into major investments in the region including ABS, Arysta LifeScience, Galaxy Entertainment, Grobest, John Masters Organics, Sushiro, Tricor and Topcast Aviation.
Phronesis Partners is an independent private equity firm focusing on the small-end of small caps in Japan. Based on our “Growth Buyout Strategy”, we aim to increase value of the strictly selected investee companies by molding their business strategy and business plan, and by providing managerial support and governance. Our founding members have a fruitful track record since the pioneering stage of the Japanese private equity industry. We provide quality solutions to small companies with business succession, capital restructuring and growth strategy needs. By increasing the value of our portfolio companies, we create prominent alternative investment opportunities for our investors.
Strait Capital Investment Group is an Asia-based private equity company that specializes in providing growth capital to companies in the consumer-related, healthcare services, and entertainment sectors in Asia. The firm was established in 2013 by three founding members who have worked together for over 15 years and served as investment professional in Asia since the 1990s. The team has a track record of generating top-tier returns over 60 transactions amounting to approximately US$1 billion in Asia. Strait Capital Investment Group manages approximately US$240 million and currently has eight investment professionals located in Taipei and Shanghai.
China Consumer Fund, Fund I, has US$192 million under management, 78% from institutional investors and 22% from family office, with geographical spread 45% from Japan and 55% from Taiwan. We are seeking investment opportunities equipped with significant minority interests, market leading position, sound management expertise, and interests and vision that aligned with the firm’s strategy as well as potential of accelerated growth. The team has established a reputation to grow with its portfolio companies through value creation and it is steadfast in its approach.
The Longreach Group is an established independent private equity firm with offices in Hong Kong and Tokyo. The firm focuses on Japan and related Greater China control buyouts in the mature industrial and technology, consumer, business services and financial services sectors. The firm manages three Funds which have accumulated approximately US$2.1 billion of committed limited partner and co-investment capital and has a strong track record of portfolio company value creation and realizations.
Longreach currently has 14 investment professionals located in Tokyo and Hong Kong. The firm also enjoys the support of prominent and highly committed Advisors located in Tokyo, Taipei, Shanghai, New York, London and San Francisco.
Unison Capital, originally founded in 1998 by three founding members, operates mid-cap buyout funds in Japan and Korea. In Japan, Unison Capital is widely recognized as a pioneer in the industry and has the longest track record in its space. In 2014, Unison Capital expanded in Korea to apply its well-tested mid-cap strategy and harness its deep Japan network for value-add.
Since its inception, Unison has launched four Japan-focused funds and invested in 41 companies with 26 exits. Today, Unison manages JPY 70 billion (~$640 million) for Japan Fund IV and KRW 500 billion (~$450 million) for Korea Fund II, respectively.
Unison’s Tokyo and Seoul office comprise of 34 investment professionals, having diverse professional backgrounds in finance, strategy consulting and operations. Furthermore, Unison’s broader network extends to in-house management advisers, financial institutions, consulting firms, and other experts in two countries and beyond to drive the robust growth of our portfolio companies.
Founded in 2016, WaterBridge Ventures (WBV) specialises in being the first institutional investor in fast growing early stage technology ventures in India. Led by veteran investors, Manish Kheterpal and Sarbvir Singh, the fund’s vision is to be a trusted and game changing partner for technology entrepreneurs to help them build large and sustainable businesses.
WBV has made 16 investments across Fintech, Health-care, Mobility, Edtech and Enterprise, SaaS. Deep value add approach employed by WBV has resulted in leading VC asset class returns with an unprecedented 80% success rate in portfolio companies. For every dollar WBV has invested, our portfolio has gone on to raise $15 Million of external capital from funds like Lightspeed, Matrix, SAIF and Sequoia.
WBV team has over 70 years of global and India business building experience. The partners have invested over $600 Million with strong performance track records for private equity and venture capital firms like J.P. Morgan, Providence Equity, Capital18, Actis, DEG, Aquarius and Rho Ventures.
WaterBridge Ventures is continuing to build its franchise to tap into the opportunities in the $3 Trillion high growth Indian economy. India, the third largest digital economy on the world, is poised to deliver several hundred billion dollars of value creation over the next decade following in the footsteps of the US and China. WBV is well placed to play its part in capturing a share of that value and being the trusted partner for its investors in India.
White & Case is a global law firm with 44 offices around the world and 9 in Asia-Pacific. Our teams support private equity clients everywhere in the world. We have offices in all major financial centers and virtually every significant emerging market.
We know the private equity world. We are experienced at all levels of the capital structure, and offer clients dedicated "sponsor focused teams", regardless of where in the capital structure our clients are investing or exiting. We offer access to all US and European forms of debt financing and will shape our team to meet our clients' needs.
We are regularly entrusted to help international and Asia-based financial sponsors navigate, execute and succeed in their investment strategy in the region. We support clients through all stages of a deal: acquisition, financing and management participation through exit. We are well versed in guiding clients through the competitive auction process. Our Private Equity lawyers also support the relationship between sponsor and portfolio company by advising portfolio companies on every aspect affecting their capital structures, management incentive structures and strategic issues.
Intralinks, an SS&C company, is a leading financial technology provider for the global banking, dealmaking and capital markets communities. As pioneers of the virtual data room, our technology enables and secures the flow of information, empowering our customers to work more productively and with complete confidence. Intralinks facilitates strategic initiatives such as mergers and acquisitions, capital raising and investor reporting. Our solutions enhance these activities by streamlining operations, reducing risk, improving client experiences and increasing visibility. We’ve earned the trust and business of more than 99 percent of the Fortune 1000 and have executed over USD 34.7 tr worth of financial transactions on our platform.
Merrill Corporation is a leading global SaaS provider for participants engaging in the M&A lifecycle. Clients trust Merrill’s innovative applications, excellent customer service and deep subject expertise to successfully navigate the secure sharing of their most sensitive content. The company’s flagship product, DatasiteOne, powers secure, intelligent due diligence and enterprise collaboration for thousands of deals in more than 170 countries.
Preqin is the home of alternative assets, providing indispensable data, solutions and insights to support alternative asset professionals at every stage of the investment cycle. Since 2003, we have been the most trusted source of information on alternative assets, spanning private equity, venture capital, hedge funds, real estate, infrastructure, private debt, natural resources and secondaries. Our products and services are relied upon by more than 60,000 industry participants in over 90 countries, for a range of activities including fundraising, investor relations, asset allocation, fund manager selection and business development. Preqin is an independent business with over 400 staff based in New York, London, Singapore, San Francisco, Hong Kong, Guangzhou and Manila.