The year ahead will likely remain sharply challenging for Asian hedge fund managers looking to raise new investor capital. But the “stars” of recent years that have lodged standout gains will continue to see moderate inflows from their traditional investors – US institutions – while new entrants are turning to ultra-high net worth investors, family offices and their own friends amid a dearth of institutional seed capital. »

O’Melveny & Myers has advised Asia Growth Capital Advisors (AGCA) on the acquisition of a seasoned private equity investment portfolio in Asia from Credit Suisse Private Equity Asia Partners.  »

The Asian hedge fund industry posted strong gains to conclude 2012, led by hedge funds investing in China, India and Japan, as capital invested in the Asian hedge fund industry increased by 7.5 per cent for 2012, according to the latest HFR Asian Hedge Fund Industry Report. »

TAIFEX, the Taiwan Futures Exchange, and Eurex Exchange, the international derivatives marketplace, have announced a product cooperation to trade and clear derivatives based on the TAIEX index, one of the most heavily traded Asian equity indexes. »

Cutwater Asset Management has been awarded a qualified foreign institutional investor license (QFII) by the China Securities Regulatory Commission. »

Prologis has announced the pricing of 182,350 units at a price of JPY550,000 per unit of Nippon Prologis Reit (NPR), a Japanese real estate investment trust. »

QuantHouse, S&P Capital IQ’s real time operation and the global provider of trading solutions, has aligned with KVH, Asia’s leading information delivery platform, to enable its clients to benefit from proximity to the main Asian exchanges. »

International investment bank Altium has formed a partnership with Allegro Advisors, a full service investment bank in India. »

LGBT Capital and Financial Partners have launched LGBT Wealth, the first wealth management operation focused on the lesbian, gay, bisexual and transgender community in Asia. »