Asian pension funds miss out on private equity opportunities
US pension funds have invested heavily in a new Chase fund, but Asian pensions are conspicuous by their absence.
Ting Yu Seng, an International Finance Corporation (IFC) executive seconded to Chase Capital Partners Asia (CCPA), says the private lending arm of the World Bank is interested in Chase's Asia Opportunities Fund because it is good investment and it is helping Asia rise from the economic slump. In total, US pension funds have chipped in more than $200 million to the close-ended fund, which closed this week after raising $1.1 billion.
The names of these US pension funds are hard to come…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.