As early as the mid-nineties, one partner invested in private equity funds in Asia and was therefore one of the very first investors in that region. At the time, he managed the private equity fund portfolio of Deutsche Beteiligungsgesellschaft mbH (then the private equity captive of Deutsche Bank AG). We have built up our network in Asia further in recent years as this partner contributed to the growth of the Asian private equity fund portfolio of Harald Quandt family office in 2006 (later renamed Auda Asia Fund I) and contributed to investment decisions as a member of Auda’s Asian investment committee.
The Emerging Markets are dominated by venture capital and growth financings, which reflects the current stage of industrial development of most of these countries. Buy-outs and buy-ins happen mostly in the more developed economies and mature private equity markets, such as Japan, Australia, South Africa and Korea.In Africa and the Middle East, the private equity industry is younger and there are a more limited number of experienced private equity fund managers.
Some of these can already demonstrate a relatively long and successful investment track record, such as for instance in South Africa where we made our first fund investment in 2006.
Furthermore, we maintain there an excellent network of senior private equity investment specialists and represent our investors in numerous investors advisory boards in these countries.
We invest in selected private equity funds and corporate co-investment opportunities in China, India, South-East Asia, Australia, Korea, Japan as well as in Latin America and Africa. Depending on the individual goals of our clients we also take on investments in distressed debt, infrastructure, etc.