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Asia Pacific PEVC dry powder sets new record at $476bn


Laxman Pai, Opalesque Asia:
Asia Pacific PE/VC capital reserves, or dry powder , has reached a record level of more than USD476 billion as of November 2020, representing 25% of the global total, above Europe (19%), according to alternative asset data provider Preqin.
Dry powder allocated to the Asia Pacific to continue to outgrow the US and EMEA in 2021 as institutional investors continue to increase allocations toward Asia PE/VC, according to KPMG analysis.
The Asia Pacific PE market is expected to continue to see strong activity, with the amount of capital allocated to the region at record highs, and the industry proving its resilience through the increased number of deal volume and average deal sizes despite the pandemic, according to KPMG s latest PE outlook. ....

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Women's journey to the board as finance professionals


Women’s journey to the board as finance professionals
21 December 2020: In November, ICAEW collaborated with The British Chamber of Commerce in Hong Kong to co-host a webinar with over a hundred attendees, titled “Women’s Journey to the Board as a Finance Professional”.
The speakers discussed the impact of women on boards, developing a pipeline of board-ready women, and advice for professionals seeking board roles, including guidance for younger potential board members.
The panel speakers, all ICAEW members, included Susanna Chiu, an iNED at Nanyang Commercial Bank, May Tan, former CEO of Standard Chartered Bank of Hong Kong, and Andrew Weir, Regional Senior Partner of KPMG in Hong Kong, and Vice Chairman of KPMG China. The panel moderator was Fiona Knott, CEO of The Women’s Foundation (an NGO improving the lives of women and girls in Hong Kong). ....

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