Posts Tagged “Asia”

Emerging Markets: Linchpin for world’s recovery?

November 25, 2020

Karim Helal will be speaking at SuperReturn Africa 2010

In an interview for Daily News Egypt, Mr Karim Helal, Group CEO of CI Capital Holding, said that Egypt needs solid investors with a long-term view which is why CI Capital is looking to the East.   

“The whole world is talking about emerging markets and how they are the linchpin for the world’s recovery,” Karim Helal, group CEO of CI Capital Holding, the investment banking arm of Commercial International Bank, said. As to whether these burgeoning economies will fulfill that promise, Helal said, “Emerging markets will play a major role, but we need to manage expectations.”    

 ”I don’t think it is right for the OECD [Organization for Economic Cooperation and Development] to hang their hopes of survival on emerging markets; they need to fix their own house. They caused this disaster, and we are back to the old habits of poor banking practices,” he added.   

Asked whether the obsession with emerging markets will wane once advanced countries get their economic houses in order, Helal indicated that herein lies the problem: “We have seen that Western investors blow hot and cold.” Egypt needs solid investors with a long-term view, he affirmed. “This is part of the reason that CI Capital took the initiative of looking Eastward and reaching out to promote Egyptian opportunities to Asian investors,” he noted.   

Owing to their culture, their mindset is different: “They aren’t hit-and-run investors nor are they looking for ridiculous returns, but instead reasonable, sustainable ones,” he said. Working in Asia for many years allowed him to have a firm grasp of the culture.   

As investors, he described Asians as “information addicts, they want to understand everything about the market in which they are planning to invest, and once they do, the floodgates open.” (Continues here)   

… For his part, one of the key reasons to hold the SuperReturn Africa conference is to “deepen the level of knowledge and awareness” about the continent, which is all too often lumped under one label, much in the same way one cannot not equate France or England with Europe as a whole, for example.   

 Africa is a geographic entity with “different or opposing dynamics…and the challenges of doing business will vary from country to country.” Thus, the conference will help identify these issues for investors eyeing the continent.   

To read the article please click here.   

Karim Helal will address the SuperReturn Africa  Opportunities in Egypt Summit on Monday 29th November at 14:20 on ‘The New Silk Route. The rising importance of trade and capital links between Egypt and Asia.’ He will also moderate an expert panel debate on Tuesday 30th November at 12:30,  discussing, ‘Egypt and Beyond. Benefitting from the COMESA free trade agreement to expand Egypt-based platforms into the Nile Basin and East Africa.’

Post Under: Africa

Spotlight series: Thomas M. Britt III outlines developments in private equity in Asia.

November 16, 2020

In addition to chairing Day 1 of the conference, Thomas M. Britt III, Partner, Debevoise & Plimpton LLP joined a panel focused on buyouts and debated  if too much money is chasing too few deals.

In an interview for the Spotlight Series, he outlines developments in private equity in Asia, describing high levels of activity in financial services, energy, clean technology and the consumer sector.

The panel was moderated by Grant Fleming, Partner, Continuity Capital Partners and joined by John Zhao, CEO, Hony Capital; Stephen Peel, Managing Partner & Group Head of Greater China, India, Eurasia & South East Asia, TPG Capital; Michael ByungJu Kim, Partner, MBK Partners and Justin Reizes, Partner, Kohlberg, Kravis & Roberts & Co.

Post Under: Asia

Spotlight series: Piau-Voon Wang describes the demand for private equity in Asia

October 17, 2020

Piau-Voon Wang, Partner, Adams Street Partners moderated a panel of experts looking at how domestic institutional investors view Private Equity and how they evaluate their portfolio & pick new funds?

In an interview with Beverly Chandler, he outlines the demand for private equity in Asia and how Asian funds were affected as a result of the financial crisis.

He was joined on the panel by Dong-ik Lee, Managing Director, Private Markets Group, Korea Investment Corporation; Mohamad Hafiz Kassim, Senior Manager, Private Equity Investment, Employees Provident Fund Malaysia; Steve Whatmore, Investment Manager, QIC Global Private Equity and Toru Masuda, Associate General Manager of Credit Products & Investment Dept., Sumitomo Trust & Banking.

Post Under: Asia

Audience polls show bullish sentiments

September 28, 2020

Melissa Ma, Co-Founder & Managing Partner, ASIA ALTERNATIVES MANAGEMENT speaking at SuperReturn Asia

In her introduction to the panel on the outlook for the private equity industry in the region at SuperReturn Asia 2010, Melissa Ma of Asia Alternatives Management reported that since the difficult years up to 2009, fund raising has improved with a 100 per cent improvement in asset raising to now in 2010. This money has largely gone to growth markets, and China has easily dominated in that arena, with over half of the new capital raised to date flowing into China. However, year on year there is still some sign of caution, with about 20 per cent declines against the same time last year.

In terms of valuations, some emerging markets are back to their pre-crisis peaks with India the closest at 95 per cent of its 07 peak. In terms of exits, the total amount of aggregate returned stands at US$ 80bn.

Ma introduced a distinguished panel, including Andrew Yan of SAIF Partners, John Ehara of Unison Capital, Gulpreet Kohli of Chryscapital and Simon Pillar of Pacific Equity Partners. Four questions were put to the panel and to the audience, with the electronic polling revealing a snapshot of sentiment in the room. Return expectations for the next three to five years, relative to current returns, were revealed to be better by 0.25 per cent for 48.12 per cent of the voting audience.

In terms of threats, 44.37 per cent of the audience felt that the biggest threat to Asian  private equity was too much money coming in. In terms of when will the Asian private equity market overtake the US private equity market, 43 per cent of the audience in the room believed that this will happen within 10-20 years.

It was the same result, virtually, as last year, when the question of which country will generate the best returns in the coming three years? China came out on top with 51 per cent.

Post Under: Asia

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