Is Private Equity Getting Overheated?
Private equity has had a stellar run for the past 20 years. PE assets under management total more than $2.8 trillion, with nearly half of it in buyout funds, according to Consultancy.uk. At the same time, deal multiples, leverage ratios and the amount of uninvested capital in the private equity industry is at historic highs, according to a report published by the Boston Consulting Group (BCG). All this may indicate an industry that is overheated, overcrowded and that there is too much capital chasing too few investment-worthy assets.READ MORE
Is Brexit Creating Real Estate Investment Opportunities?
For a decade after the financial crisis, London’s real estate attracted global capital. According to data tracked by Bloomberg, the price of the average London house bottomed out in 2009 and subsequently doubled until this year.READ MORE
Vietnam’s Startup Scene Sees Rapid Growth
A combination of economic growth, young demographics, mobile internet penetration and foreign-educated talent is helping Vietnam’s technology startup scene flourish. The country is home to 3,000 startups, usually located in Ho Chi Minh City, according to ...READ MORE
Family Offices Support Mexico’s Thriving Startups
Over the past decade, Mexico has transformed itself into a startup hotbed. This should come as no surprise considering the fact that nearly half of the country’s population is below the age of 27, the higher education system churns out 130,000 engineers every year, and the number of peo...READ MORE
Smyth Family Set to Acquire European Ops of Toys “R” Us
Smyths Toys superstore,Newport Image Credit - Wikimedia The Smyth family, which founded and operates Smyths Toys, has made a €79 million (approximately $93.6 million) offer for the European operations of U.S....READ MORE
Family offices join institutions in a €3.5 billion renewable energy fund from Copenhagen Infrastructure Partners
It’s evident when a fund closes at half a billion more than its target then it’s a big yes to renewable energy from major investors. Forty-two investors comprising of family offices, pension companies, insurance companies and asset/fund managers closed out Copenhagen Infrastructure Partners’ (CIP) new fund – Copenhagen Infrastructure III (CI III) – in March this year at €3.5 billion, exceeding the €3.0 billion target fund size. The fund held its first close over 12 months ago.READ MORE
Family offices see potential in Asian fashion
Fashion defines the street in Asia. You cannot escape the stalls as you wander through Asian markets, top quality wear at prices that people can expect only in post-Christmas sales. Two people have caught the Asian fashion bug in a big way. Ankita Bose and Dhruv Kapoor decided that Asian fashion needs an online platform to reach the global consumer. Enter, Zilingo, which was born in Singapore and has since made in-roads in Malaysia, Thailand and Indonesia.READ MORE
South Korean warehousing investments riding e-commerce surge
Deutsche Bank’s asset management division DWS completed a $US 57 million deal to purchase a fully completed warehouse from LaSalle in Icheon City, south of Seoul. “Boosted by the growth of e-commerce in the region, a healthy leasing market, l...READ MORE
Autonomous driving. Are family offices reading the signs?
There are some industries that just seem to fall off the family office radar in spite of being in your newspaper. The autonomous driving industry somehow feels like it’s for the big boys – the Googles, the Volkswagens and Teslas. It’s an industry that automatically means mega funding. Yet the companies that are making a lot of the science fiction come through are the ones working on core aspects of the driverless drive and are below the radar of mainline media.READ MORE
Reading Between the Lines -McKinsey highlights ‘dry powder’ rise in PE
PE is looking up everywhere. The numbers for the funds are growing. Deal sizes are multiplying. However there has been an increase in non-utilized capital with funds (what Wall Street likes to call dry powder). McKinsey’s Global PE Markets Review 2018 has brough...READ MORE