DOCSLIB.ORG

Landscape in Asia

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Landscape in Asia SOCIAL INVESTMENT LANDSCAPE IN ASIA INSIGHTS FROM SOUTHEAST ASIA 1 Published by the Asian Venture Philanthropy Network and Sattva in May 2017 Copyright @AVPN 2017 Email [email protected] Website www.avpn.asia Authors Aarti Mohan, Smriti Harsh, Abhishek Modi (Sattva Knowledge Centre) Production Arnav Gupta, Mehar Jossan, Deepika Ganesh, Pratik Jha, Rrishi Raote, Rebecca Detorre, Venus Sharma (Sattva Knowledge Centre) Editors Martina Mettgenberg-Lemiere, PhD Nguyen Le Phuong Anh Kevin Teo Design and Typesetting Ideasutra.in This work is licensed under the Attribution- NonCommercial-ShareAlike 4.0 International License: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. NonCommercial — You may not use the material for commercial purposes. ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original. 2 ABOUT THE REPORT AVPN has identified the need for a comprehensive overview of the Asian philanthropy and social invest- ment landscape to offer social investors a guide to the opportunities for social investment in Asia. The Social Investment Landscape in Asia will be an invaluable re- source for funders and resource providers as they as- sess the opportunities and challenges for philanthropy and social investment in the region. It is designed to be a guide for both new social investors looking to enter the Asian market and existing social investors exploring cross-border or cross-sector opportunities within the region. The Landscape is another way to further AVPN’s mission to increase the flow of finan- cial, human and intellectual capital to the Asian social sector. The report provides a holistic view of the current and emerging philanthropy and social investment land- scape in Asia. It also features in-depth profiles of 14 Asian regions which include: z An overview of key demographic and macroeconomic conditions z Key development issues facing the country z Background and context to the social economy in the region z Overview of the legislative environment z Key social investors, recent developments and investment trends z Opportunities, challenges and recommendations The 14 regions are: Cambodia Malaysia China Myanmar Hong Kong Philippines Indonesia Singapore India Taiwan Japan Thailand Korea Vietnam If you have any comments or would like to get involved in future reports, please contact knowledge@avpn. asia. 3 ACKNOWLEDGEMENTS ACKNOWLEDGEMENTS We thank the following individuals and organisations for We are also grateful to the following AVPN staff members sharing their experiences: and associates who helped with connections, comments and discussions: Cathy Sheng China Social Enterprise and Social Investment Forum (CSEIF), China Naina Subberwal Batra Dana Doan LIN Center for Community Caroline McLaughlin Development, Vietnam Patricia Chu Deepali Khanna Rockefeller Foundation, Thailand Allison Hollowell Dharini Mathur IFC, India Clive Ye Ding Li Non-profit Incubator (NPI), China Ashima Suri Elizabeth Knup Ford Foundation, China Clara Feng Eric Savage Unitus Capital, India Emilie Roelle Eugenia Lo SOW (Asia) Foundation Limited, Ken Ito Hong Kong Sunkyung Han Jana Svedova Synergy Social Ventures Limited, Jasmine Chew Hong Kong Agnes Arbon Jan Zellmann Evergreen Labs, Vietnam Farhana Hamid Butt Jason Loughnane DAWN, Myanmar Syarif Hamdi Josephine Price Anthem Asia, Myanmar Valerie Koh Karthik Varada The Sasakawa Peace Foundation, Japan Alfred Poon Kevan Hayes Kaizen Company, USA Lehui Liang Social Ventures Hong Kong, Hong Kong We are grateful to the following Sattva team members and Naga Prakasam Indian Angel Network/Acumen, India advisors for their constructive comments, reviews, and Nanako Kudo Japan Social Impact Investment discussions that have shaped this publication: Foundation, Japan Natasha Shih The Sasakawa Peace Foundation, Japan Srikrishna Sridharmurthy Nini Daing myHarappan, Malaysia Rathish Balakrishnan Nisha Onta Women Organizing for Change in Sundeep Vira Agricultural and Natural Resources Ian Fernandes (WOCAN) , Thailand Naga Prakasam Pauline Tan NUS, Singapore Rahil Rangwala Michael and Susan Dell Finally, we thank the following individuals for their Foundation, India constructive comments at various stages: Ray Chen B Current Impact Investment Inc., Taiwan Ada Chirapaisarnkul Thai Young Philanthropist Network Sunder (TYPN) Ramaswamy Asia Foundation Arif Ekram Foundation Center Sunit Shrestha ChangeFusion Institute, Thailand Claire Dufour Nexus for Development Susli Lie YCAB Ventures, Indonesia Lauren Bradford Foundation Center Tang Yao Leping Social Entrepreneur Vivian Gee Friends-International Foundation, China Zhihan Lee BagoSphere Toshihiro Nakamura Kopernik, Indonesia Wonyoung Kim Crevisse Partners, South Korea Weina Zhang NUS, Singapore Xin Hu Leping Social Entrepreneur Foundation, China Yoshitaka Ohara Habataku Inc., Japan 4 LIST OF ACRONYMS LIST OF ACRONYMS ADB Asian Development Bank A ANGIN Angel Investment Network Indonesia ASEAN Association of Southeast Asian Nations B BCG Boston Consulting Group CAF Charities Aid Foundation CBO Community Based Organisation C CIA Central Intelligence Agency CSR Corporate Social Responsibility ESG Environmental, Social, Governance E ETF Exchange Traded Fund F FDI Foreign Direct Investment GCI Global Competitiveness Index G GDP Gross Domestic Product GNI Gross National Income H HNWI High Net Worth Individual ILO International Labour Organisation I INDC Intended Nationally Determined Contributions MNC Multinational Corporation M MSCI Morgan Stanley Composite Index NGO Non-Governmental Organisation N NPO Non-Profit Organisation OEC The Observatory of Economic Complexity O OECD Organisation for Economic Co-operation and Development P2P Peer-to-Peer P PISA Programme for International Student Assessment PPP Purchasing Power Parity SDG Sustainable Development Goal SE Social Enterprise SIB Social Impact Bond S SME Small and Medium-sized Enterprise SPO Social Purpose Organisation SRI Socially Responsible Investing UNDP United Nations Development Programme UNEP United Nations Environment Programme U UNESCO United Nations Educational, Scientific and Cultural Organization USD United States Dollars WEF World Economic Forum W WHO World Health Organisation Y YCAB Yayasan Cinta Anak Bangsa 5 LIST OF ACRONYMS FOREWORD The Robert Bosch Stiftung has been active in Asia for over a decade. We focus on topics such as governance, civil society and media. In our programmes and initiatives, we mainly aim at identifying, promoting and connecting changemakers in the nonprofit sector. Changemakers, whose activities create sustainable impact and who build sustainable networks. In Europe and Asia the philanthropic sector has been growing steadily over the past years. In an expanding sector, new and existing nonprofit actors need tools and opportunities to professionalise, share knowledge and raise impact and efficiency of their activities. To tackle these challenges, provide impulses, and contribute to the sharing of best practices, the Robert Bosch Stiftung published the studies “Shape the Future. The Future of Foundations” (2014) and, in cooperation with Dasra, “Funding in the 21st Century. Trends and Priorities in the Foundation Sector” (2016). Both addressed the question of how foundations could and should position themselves in a fast-growing, rapidly changing, increasingly volatile and globalised environment. Complementing these findings with a regionally focused perspective on Asia, the Robert Bosch Stiftung supported AVPN’s development of “The Social Investment Landscape in Asia”. Asian middle classes are rapidly growing – and they do not only serve as a keystone for economic and political development in the region but also pave the way for an Asian social investment sector that is experiencing an unprecedented growth with great dynamics. Having a comprehensive overview of the main characteristics, trends, gaps, challenges and areas of opportunity in the Asian social sector is of great value for foundations, philanthropists and other (social) investors that seek to create relevant and successful projects with sustainable impact. The Landscape provides an in-depth review of the social sector in 14 Asian countries and city-states from both a “macro perspective” across Asia and a “micro perspective” by region. It analyses demographic and key macro-economic data and maps the social investment environment including the legislative frameworks, key social issues and implementation gaps regarding the Sustainable Development Goals (SDGs), the role of the governmental and non-governmental sector, key social investors and investment trends, and identifies opportunities and challenges for social investors. To further enhance its practical value, the Landscape concludes with key recommendations, thus serving as a useful guide that allows funders to make more effective funding and investment decisions in the Asian social sector. This body of work forms an important basis to understand how social investors can position themselves to maximise their impact. We hope that it will find a wide circulation, contributing to the practical work of philanthropic actors in Asia. Uta-Micaela Dürig CEO, Robert Bosch Stiftung 6 LIST OF ACRONYMS FOREWORD Since 2011, AVPN has been committed to building a vibrant and high impact philanthropy and social investment community across Asia. AVPN has identified the need for a comprehensive overview of the Asian philanthropy
Load more

Recommended publications
  • HEALTHCARE SECTOR BULLETIN QUADRIA CAPITAL March 2015: Issue 20
    HEALTHCARE SECTOR BULLETIN QUADRIA CAPITAL March 2015: Issue 20 HEALTHCARE TRENDS & IMPACT STORIES Country: Vietnam Headline: More private investments called for improving Vietnam’s healthcare sector Summary: While public hospitals are hugely over-crowded the patient-bed occupancy rate in the private sector remains rather low at many private hospitals. A recent Ministry of Health (MoH) report showed that only 5 per cent of private hospitals reported a full patient bed occupancy rate while the rate is as low from 20 to 60 per cent at 56 per cent of these private units. Head of MoH’s Financial Planning Department Nguyen Nam Lien said he believes the bottleneck would be addressed through gradually reducing subsidies the public receive at their normal hospitals. “This will stimulate the public into using the private sector facilities,” Lien said. “Support will go directly to medical insurance beneficiaries instead of going to hospitals as previously,” Lien said. This mechanism will encourage people to buy medical insurance, creating the conditions for the growth of the private sector. Promoting public-private partnership in medical services development is also important to attract private investors into the sector. The southern province of Dong Nai is a successful public-private model. Dong Nai general hospital’s second phase investment, carrying a price tag of VND1.2 trillion ($56 million) and having 700 patient-beds in scope, will go underway using private capital. Some private hospitals have seen growth such as the Hanoi French Hospital, Vimec international Hospital (Hanoi), Hoan My general hospital (Ho Chi Minh City), Hop Luc general hospital (Thanh Hoa) and Hoang Viet Thang general hospital (Hue).
    [Show full text]
  • AGM Notice.Pmd
    NOTICE Notice is hereby given that the 29th Annual General Meeting of Religare Enterprises Limited (“the Company”) will be held on Friday, September 13, 2013 at 4.30 P.M. at Air Force Auditorium, Subroto Park, New Delhi - 110010, to transact the following businesses: ORDINARY BUSINESS 1. To consider and adopt the audited Balance Sheet as at March 31, 2013, the Statement of Profit and Loss for the year ended on that date and the reports of the Board of Directors and Auditors thereon. 2. To appoint a Director in place of Mr. Ravi Umesh Mehrotra, who retires from office by rotation and being eligible, offers himself for re-appointment. 3. To appoint a Director in place of Mr. Padam Bahl, who retires from office by rotation and being eligible, offers himself for re- appointment. 4. To appoint Statutory Auditors and to fix their remuneration and in this regard to consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution. “RESOLVED THAT M/s Price Waterhouse, Chartered Accountants (Firm Registration No. 301112E) be and are hereby appointed as Statutory Auditors of the Company, to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company on such remuneration as shall be fixed by the Board of Directors.” SPECIAL BUSINESS 5. To consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT in accordance with the provisions of Section 257 and all other applicable provisions, if any, of the Companies Act, 1956 or any statutory modification(s) or re-enactment thereof, Mr.
    [Show full text]
  • September 2014 Healthcare Sector Bulletin-10
    HEALTHCARE SECTOR BULLETIN QUADRIA CAPITAL Issue 10: September 2014 HEALTHCARE TRENDS & IMPACT STORIES Country: India Headline: Dr. Amit Varma: The Healthcare Financier Summary: A critical care physician by education, Dr Amit is the Managing Partner of Quadria Capital's $300 million healthcare focused Private Equity Fund that invests in the healthcare sector across South and Southeast Asia. His team has domain experts who come with a lot of operating P&L experience, acting as strategic investors and getting hands on with the company. It is a strong belief of his that a business needs to be a regional powerhouse before trying to become national, which is what most of his portfolio companies are trying to achieve. One of the factors that he considers before investing is the management team's focus on overall profitability along with expansion. Healthcare private equity in Asia still have a long way to go and interest in the healthcare space will continue due to the huge demand supply gap, restricted public spending, and a large epidemic of life style diseases. Moving forward, the private equity landscape is changing. Unlike the past where it is just possible to make above average returns by just being a financial investor, the PE investors now need to have operating experience and deep domain skills to drive value creation. Link The Healthcare Executive, Vol 3 Issue 7, http://issuu.com/healthcareexecutive/docs/he_august_2014 (Full article is enclosed at Page 33 of this newsletter) Country: India Headline: Ex-Goldman India Head Lauds Hands–On Approach for Private Equity Summary: India’s private equity industry is entering a new chapter, now that the excesses of the last private-equity rush to the country have died down.
    [Show full text]
  • HEALTHCARE SECTOR BULLETIN QUADRIA CAPITAL Issue 5: June 2014
    HEALTHCARE SECTOR BULLETIN QUADRIA CAPITAL Issue 5: June 2014 HEALTHCARE TRENDS & IMPACT STORIES Country: Indonesia Headline: Maximize the fresh opportunities for healthcare distribution in the fast-growing Indonesian provinces to boost services for principals and consumers Summary: Government decentralization has increased the flow of funds to provinces that were previously being left behind, often in spite of the fact that some of those provinces were key sources of the nation’s wealth, such as coal, oil and gas, timber and palm oil. Now these provinces are finally starting to benefit from having a greater share of government funds and this is being reflected in comparative growth figures. The consequence for the healthcare sector is that growth will continue to be higher in the provinces as consumer purchasing power increases in those regions at a rate greater than in the major cities. In turn this will require greater attention to the provinces for achieving the desired availability of medicines and, in the case of consumer health products, more visibility. Link http://www.zuelligpharma.com.sg/sites/default/files/MP53%20Feature%20Story.pdf Country: Asia Headline: Hospital companies prepare to meet surging demand for health care in Asia Summary: Although Asia’s emerging economies are slowing, the rise of their middle classes is continuing. In Indonesia the number of middle- and upper-income consumers is expected to swell from 74m in 2013 to 141m by 2020, predicts the Boston Consulting Group. Rising incomes mean rising demand for health care. The average Chinese city-dweller’s health spending more than doubled between 2002 and 2010, estimates PwC, a firm of consultants.
    [Show full text]
  • NB Private Equity Partners: Overview Presentation
    NB Private Equity Partners: Overview Presentation Financial Information as of 30 September 2019, Unless Otherwise Noted November 2019 Why Invest in NBPE? Key Investment Merits Access to a portfolio of direct private equity investments, sourced from over 55 distinct private equity firms; diversified private company exposure without single GP risk Sourcing and execution through Neuberger Berman’s ~$80 billion private equity business Strong Historic Performance Capital appreciation from equity investments and income through dividend No second layer of management fees or carried interest on vast majority of direct investments, offering significant fee efficiency vs listed fund of funds vehicles1 1. Approximately 98% of the direct investment portfolio (measured on 30 September 2019 fair value) is on a no management fee, no carry basis to underlying third-party GPs. Key Information Document is available on NBPE’s website. NB PRIVATE EQUITY PARTNERS INVESTOR UPDATE 2 NBPE Position in the Listed Private Equity Landscape NBPE is focused on direct investments, invested alongside over 55 private equity sponsors Hyper Diversified Fund of Funds • Primary & Secondary, some co-investment NB Private Equity Partners exposure • Dual fee layer • Multi-Sponsor Exposure • Need to over-commit or • Single layer of fees on majority of 1 suffer cash drag direct investments Direct Focus, Single GP • Single GP Concentration Concentrated • Single fee layer at vehicle level, carry typically higher than NBPE Lower Higher Fee Efficiency Note: as of 30 September 2019. The above graphic is intended to be a representation of the funds’ investment strategy of direct vs fund investments and investments into third-party or funds managed by an affiliated investment manager of the listed company.
    [Show full text]
  • Overview Presentation Financial Information As of 31 August 2019, Unless Otherwise Noted October 2019 Why Invest in NBPE? Key Investment Merits
    NB Private Equity Partners: Overview Presentation Financial Information as of 31 August 2019, Unless Otherwise Noted October 2019 Why Invest in NBPE? Key Investment Merits Access to a portfolio of direct private equity investments, sourced from over 55 distinct private equity firms; diversified private company exposure without single GP risk Sourcing and execution through Neuberger Berman’s $74 billion private equity business Strong Historic Performance: 13.0% YTD IRR on direct equity investments; total portfolio 11.5% YTD IRR. Three year direct equity investments gross IRR of 18.6%; three year total portfolio gross IRR of 15.1% Capital appreciation from equity investments and income through dividend No second layer of management fees or carried interest on vast majority of direct investments, offering significant fee efficiency vs listed fund of funds vehicles1 1. Approximately 98% of the direct investment portfolio (measured on 31 August 2019 fair value) is on a no management fee, no carry basis to underlying third-party GPs. Key Information Document is available on NBPE’s website. NB PRIVATE EQUITY PARTNERS INVESTOR UPDATE 2 NBPE Position in the Listed Private Equity Landscape NBPE is focused on direct investments, invested alongside over 55 private equity sponsors Hyper Diversified Fund of Funds • Primary & Secondary, some co-investment NB Private Equity Partners exposure • Dual fee layer • Multi-Sponsor Exposure • Need to over-commit or • Single layer of fees on majority of 1 suffer cash drag direct investments Direct Focus, Single GP • Single GP Concentration Concentrated • Single fee layer at vehicle level, carry typically higher than NBPE Lower Higher Fee Efficiency Note: as of 31 August 2019.
    [Show full text]
  • Politecnico Di Torino
    POLITECNICO DI TORINO Dipartimento di Ingegneria Gestionale e della Produzione Corso di Laurea Magistrale in Engineering and Management Framing of International Social-Impact Venture Capital Funds and of Their Management Teams, Behind and Beyond Performances Relatore Prof.ssa Elisa Ughetto Correlatori Prof. Giuseppe Scellato Prof.ssa Annalisa Croce Candidato Marina Berardi April 2019 1 Contents I LIST OF ACRONYMS AND ABBREVIATIONS .......................................................................................... 4 II LIST OF FIGURES .......................................................................................................................................... 5 CHAPTER 1 OVERVIEW................................................................................................................................... 7 1.1 ABSTRACT .............................................................................................................................................. 7 1.2 FRAMING LITERATURE ........................................................................................................................... 8 CHAPTER 2 SOCIAL INVESTMENT MARKET ......................................................................................... 13 2.1 SOCIAL FINANCIAL INSTRUMENTS ............................................................................................................... 13 2.2 ACTORS IN SOCIAL INVESTMENT MARKET .................................................................................................
    [Show full text]
  • 15Th March to 31St March 2019.Pdf
    15th March to 31st March 2019 Investment and Exit Pharma packaging firm Schott Kaisha rides on Indian drug companies' injectables push 19th March 2019. The Pharma Times Schott Kaisha, the Indo-German joint venture that makes tubular ampoules, vials, glass syringes and cartridges used in pharmaceuticals and cosmetics is investing over Rs 500 crore to set up new facilities and expand existing ones...more Meghmani Finechem to invest Rs. 550 cr in expansion and new projects 15th March 2019. Chemarc Meghmani Finechem Ltd (MFL) plans to invest Rs 550 crore towards expansion of existing projects at its facility in Dahej. MFL is 57 per cent owned by Meghmani Organics Ltd...more Fund Raising Ubiqare set to raise additional funds to build next generation telehealth platform for patient follow-up 26th March 2019. Pharmabiz Ubiqare a follow-up patient care provider which is bootstrapped and having invested over Rs.30 lakh so far is looking for more funds to build its next generation telehealth platform to spur home healthcare for cancer, stroke, chronic respiratory, chronic kidney disease among others...more Alembic Pharma raises Rs 150 crore via NCDs 19th March 2019. ET Health World Drug firm Alembic Pharmaceuticals Tuesday said it has raised Rs 150 crore through the allotment of non-convertible debentures (NCDs) on private placement basis...more PharmEasy in talks with SoftBank to raise $100M: report 27th March 2019. ET Health World SoftBank Group is in early-stage talks to invest nearly $100 million in online pharma startup PharmEasy, reports Mint. Citing sources, it says that the company is eyeing a valuation of $400 million in this funding round...more Wockhardt in talks with private equity cos to raise $300 million 27th March 2019.
    [Show full text]
  • Responsible Investments in Asian Healthcare
    1 Superior Returns through Responsible Investments in Asian Healthcare Annual Review 2014 2 3 Table of Contents About Quadria Capital 6 2014 At a Glance 8 Managing Partners’ Statement 10 Long Term Investors Focused on Growth 12 Our Funds and Investors 16 Portfolio Overview 28 Impact Investing 36 2015 Outlook 38 Quadria Team 40 4 5 QuadriaQuadria MissionMission To help build great companies by being a preferred strategic partner and specialized capital provider across Asia To become the investor of choice in Asian healthcare private equity by generating superior returns To create value while benefiting the greater good of regional development 6 7 About Quadria Capital Quadria Capital provides long term value-added capital in businesses for transforming their performance Quadria Capital is an independent healthcare focused private equity firm investing in high quality healthcare companies across some of the world’s fastest growing economies in South and Southeast Asia. Supported by institutional investors, Quadria aims to make a positive transformative impact in Asia’s healthcare sector, above and beyond superior financial returns. New Delhi Founded in 2008, Quadria has invested over US$ 875 million in 13 companies across six countries in the region, through three private equity vehicles. We have focused on Kolkata building high quality leading businesses, while delivering outstanding returns to investors. To date, we have returned over US$ 925 million back to our investors. Hyderabad Bangalore Ho Chi Minh 3 Private Over Equity Vehicles US$ 1 billion in Managed Capital since 2008 Colombo Singapore Jakarta 13 Investments 2 Regional Across 6 Countries Hubs Covering South and Southeast Asia Present / Past Investee Company High Priority Quadria Office Opportunistic 8 9 2014 at a Glance Quadria Capital Fund L.P.
    [Show full text]
  • April 2015 Healthcare Sector Bulletin-15
    HEALTHCARE SECTOR BULLETIN QUADRIA CAPITAL April 2015: Issue 21 HEALTHCARE TRENDS & IMPACT STORIES Country: Thailand Headline: Second-tier cities account for growing share of Thailand's healthcare market Summary: Bangkok no longer equates to the sole Thai healthcare market. Tier-2 cities in Thailand are increasingly expanding with the growth of the private and public sectors. Approximately 19 per cent of Thailand's population lives in tier-2 cities, which include Chiang Mai, Khon Kaen, Udon Thani, Ubon Ratchathani, Nakhon Ratchasima, Chon Buri and Songkhla, compared to 13 per cent in Bangkok. Tier-2 cities have experienced the explosion of urbanisation in the last decade and as these urban populations generally possess higher purchasing power and more affordability for healthcare, they demand better standards with more affordability to pay for services in private hospitals equipped with faster and better services. The ASEAN Economic Community 2015 is expected to encourage "ribbon development" of urbanisation in tier- 2 cities and border provinces, as happened in Bangkok and its vicinities over the past decade. This is expected to further accelerate the urbanisation of tier-2 cities and border provinces, resulting in a higher number of patients who can afford premium medical care. Link http://www.nationmultimedia.com/business/Second-tier-cities-account-for-growing-share-of-Th- 30257948.html Country: India Headline: Significant rise in health expenditure urgently required Summary: President Pranab Mukherjee on Saturday inaugurated the Mid-Term Meet 2015 of the National Interventional Council of the Cardiological Society of India and said a significant rise in health expenditure is urgently required to ensure universal health coverage.
    [Show full text]
  • Purchasing Power? Bain & Co’S Jim Verbeeten on Creating Value PE Investors Find New Ways to Unlock Value in Japan’S Consumer Sector Page 9 Page 19
    Asia’s Private Equity News Source avcj.com June 16 2015 Volume 28 Number 22 EDITOR’S VIEWPOINT Investors wait for nore big-ticket deal flow Page 3 NEWS Apax, Archer, CITIC Goldstone, Future Fund, Hony, KKR, MLC, Quadria, Sequoia, Shoreline, TPG Page 5 FOCUS Why local banks are still a force in deal-sourcing Page 14 INDUSTRY Q&A Masamichi Yoshizawa of The Longreach Group Page 15 CONTRIBUTED ARTICLE Purchasing power? Bain & Co’s Jim Verbeeten on creating value PE investors find new ways to unlock value in Japan’s consumer sector Page 9 Page 19 ANALYSIS FOCUS A boardroom battle Monetizing science Japan’s corporate governence challenge Page 12 Venture capital taps university start-ups Page 16 PRE-CONFERENCE ISSUE AVCJ PRIVATE EQUITY AND VENTURE CAPITAL FORUM JAPAN 2015 Anything is possible if you work with the right partner Unlocking liquidity for private equity investors www.collercapital.com London, New York, Hong Kong EDITOR’S VIEWPOINT [email protected] Managing Editor Tim Burroughs (852) 3411 4909 Staff Writers Andrew Woodman (852) 3411 4852 Winnie Liu (852) 3411 4907 Large check limbo Holden Mann (852) 3411 4964 Creative Director Dicky Tang Designers IT IS NOT A PHENOMENON UNIQUE TO more in 2014 – and 11, 14 and 11 in the three Catherine Chau, Edith Leung, Mansfield Hor, Tony Chow Japan. Pick a major Asian market with public years before that – the mid-market space is not markets trading at or close to an all-time high discouraging. While valuations are a concern, Senior Research Manager and you find a cumulative private equity industry participants say they can rely on a steady Helen Lee investment figure that is lagging the previous stream of opportunities involving companies Research Associates Herbert Yum, Jason Chong, year’s pace.
    [Show full text]
  • Quadria Capital Fund II LP Form D Filed 2019-03-14
    SECURITIES AND EXCHANGE COMMISSION FORM D Official notice of an offering of securities that is made without registration under the Securities Act in reliance on an exemption provided by Regulation D and Section 4(6) under the Act. Filing Date: 2019-03-14 SEC Accession No. 0001770279-19-000001 (HTML Version on secdatabase.com) FILER Quadria Capital Fund II LP Mailing Address Business Address 11A STANLEY STREET 11A STANLEY STREET CIK:1770279| IRS No.: 000000000 | State of Incorp.:U0 | Fiscal Year End: 1231 SINGAPORE U0 068730 SINGAPORE U0 068730 Type: D | Act: 33 | File No.: 021-334840 | Film No.: 19680354 656 805 9686 Copyright © 2019 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL OMB Number: 3235-0076 Washington, D.C. 20549 June 30, Expires: FORM D 2012 Estimated average burden hours per 4.00 Notice of Exempt Offering of Securities response: 1. Issuer's Identity CIK (Filer ID Number) Previous Name(s) ☒ None Entity Type 0001770279 ☐Corporation Name of Issuer ☒ Limited Partnership Quadria Capital Fund II LP ☐ Limited Liability Company Jurisdiction of Incorporation/ Organization ☐ General Partnership SINGAPORE ☐ Business Trust Year of Incorporation/Organization ☐Other ☐ Over Five Years Ago ☒ Within Last Five Years (Specify Year) 2018 ☐ Yet to Be Formed 2. Principal Place of Business and Contact Information Name of Issuer Quadria Capital Fund II LP Street Address 1 Street Address 2 11A STANLEY STREET City State/Province/Country ZIP/Postal Code Phone No. of Issuer SINGAPORE SINGAPORE 068730 656 805 9686 3. Related Persons Last Name First Name Middle Name Quadria Capital Fund II G.P.
    [Show full text]