T&I Fundraising Report for Asia, June 7th, 2022
The League Table for GPs YTD is Updated and Included Here
Editor’s Note: The call for comments on SEC’s ESG (AKA: greenwashing) regulations has 11 written comments to date and the extension to comment on climate related disclosures for GPs ends on June 17th. If you have a climate, ESG, green, or impact fund, the clock is running on your ability shape your working environment for the next decade.
Firms Buying or Merging: Julius Baer sells Geneva wealth manager Fransad Gestion with AUM of $1.56 billion to its management team for an undisclosed sum, while opening new wealth management units in Qatar and Thailand. Clearly the cash is greener in Asia.
Firm and Fund News: Hedge funds Elliott Associates and Jane Street are suing HKEX’s London Metals Exchange over LME’s cancellation of 3 billions of nickel trades during the spring’s losses by Singapore-based, Chinese-owned Tsingshan, rather than pay the shorts. LGIAsuper (AUM $31 billion) rebrands as Brighter Super after merger with Energy Super. Sequoia India reports no funds raised for new India VC and Growth Funds in SEC filings.