Evan Vitale

Accounting Professional

Evan Vitale – Come And Get It: $70 Billion Available

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Global hedge funds are looking to further expand in Asia over the next few years – and expand they will. A Barclays survey states that as much as $70 billion is available.

Hedge fund managers are looking to uncover a pot of gold. -- Evan Vitale Finance & Accounting

Hedge fund managers are looking to uncover the pot of gold that lies in Asia.

Due to the increase in sovereign-wealth funds, as well as the private wealth throughout Asia, have opened the door for managers to invest.

Currently, Asian investors account for approximately $150 billion in global hedge funds. This is just over five percent of the total amount invested in global hedge funds.

Hedge fund managers are targeting corporate pensions in Japan, which are seeking alternative investments. Also, Korean institutional investors are seen as likely suitors to jump into global hedge funds.

David Bennett, the head of capital solutions at Barclays, said that managers in North America believe there is a pot of gold in Asia that has yet to be uncovered.

“There is definitely a lot of potential here in terms of raising assets,” Bennett said. “Realizing that potential is a very different matter.”

Evan Vitale – Private Equity in Short

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Private equity enables the growth and development of unlisted businesses. Private equity consists of funds making equity investments in non-listed companies. Private equity investors are active owners. Besides capital, the investors provide the companies with strategic and managerial support. Value creation in private equity is primarily based on achieving increased growth and operational efficiency.

Private equity investments are usually categorized based on life cycle phase of the
target company:

  • Seed/early stage investments: Financing for development and commercialization of a business concept.
  • Venture Capital: Minority/majority investments in early stage or expansion ventures.
  • Growth Capital: Typically minority investments in companies with major growth potential.
  • Buyout: Acquisition of a controlling interest in a company together with the operative management or an outside management group.
  • Special situations: Investments in distressed companies or companies operating in an industry with major changes