Asia-Pacific

Behind Tikehau Capital’s Asia push

The Temasek-backed French asset manager is focusing on Japan in pursuit of partnerships and a new LP base.

Ask the investors: how to budget for risks

Here are our findings on selective Korean and Japanese investors’ risk appetites and favoured sub-strategies for the asset class this year.

EMPEA survey: private credit strategies in emerging markets seek mispricing of risk

Organisation finds emerging market strategies to have lower leverage levels and higher targeted returns than those aimed at established jurisdictions.

Japan: A hot place for infra debt managers

Infrastructure debt continues to attract conservative but income-seeking Japanese institutions like Dai-ichi Life Insurance and Development Bank of Japan

South Korea: the end of the infra spree?

Korean insurers are making changes as they see diminishing returns from infrastructure debt.

South Korea’s POBA: what it wants and why

Chief investment officer Dong-Hun Jang tells PDI that the Public Officials Benefit Association is looking at niche private debt strategies and real estate debt in the US as seeks additional ‘control and ownership’.

Asia covenant quality weakens due to China factors

Chinese property developers now have more flexibility in cash spending, debt and investment carve-outs

KKR posts 7% gross alternative credit returns in Q1

The private equity firm considers special situations, direct lending and mezzanine to be its core alternative credit strategies.

Goldman insurance survey latest to show LPs’ drift to private debt

Real asset debt and corporate loans were among the favourites of insurers, outpacing real asset equity strategies, hedge funds and public securities for planned allocation increases.

Jefferies, Stonyrock launch fund of firms partnership

The New York-based investment bank and newly-formed Stonyrock are just the latest entrants into one of alternative asset’s booming sectors: taking non-control positions in private markets managers.