Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
The world’s third largest pension fund maybe going through turmoil, but its alternatives programme still looks inviting to fundraisers.
The Singaporean sovereign wealth fund has noted that high pricing amid global market uncertainty will deliver inadequate returns.
The direct secondaries firm formally opened its Mumbai office this week.
As much as 30% of the fund will be invested in secondaries and direct co-investments.
The Japanese pension giant has issued a call for funds of funds separately managed accounts across global private equity, infrastructure and real estate.
In January, Singapore's Axiom Asia Private Capital raised more than $1 billion for its fourth Asia-focused fund of funds. Secondaries Investor spoke to managing partner Alex Lee about why the firm expects secondaries to play a larger role in its latest vehicle.
Philip Bilden has withdrawn himself from consideration as US navy secretary, citing privacy concerns and significant challenges he faced in separating himself from his business interests.
This is the French fund of funds manager's first Asian office and is the second office opening it has announced in February.
The global investment firm's private equity portfolio will grow by almost $3bn after the acquisition of the Swiss secondaries investor.
Ashley Johansen, who led the secondaries firm's fundraising team for three years, has joined the mid-market buyout firm after a brief stint at Irving Place Capital.