Large fund-of-private-equity funds being raised in the mainland will bring capital to domestic private equity vehicles, which are estimated to number in the thousands.
Tag : fund of fund
US alternatives manager Morgan Creek is raising a second Asia private equity fund of fund, with a target of $300 million.
US alternatives fund-of-fund manager Morgan Creek has appointed Squadron's Anand Prasanna to its Shanghai office as it heightens its focus on Asian emerging markets.
The $720 million fund of private equity funds will lean towards mid-cap and special situation managers.
State Street's alternatives unit plans to invest more in Asia-based managers who are closer to local knowledge and can trade in local time zones.
The fund of hedge fund doubles its management committee to six as it plans new product launches.
