– hoi tung, Chairman and CEO of PAOH, expressed gratitude to existing investors and highlighted the successful closing as a testament to their investment capability and governance.
– Dr. Christoph Jäckel, Managing Partner of mcp, emphasized the value added by mcp through unique investment opportunities and deepening their relationship with Ping An.
– Yong Cheen Choo, Chief Investment Officer of Private Equity at GIC, noted the extension of GIC’s relationship with Ping An and the continuation of investments with reputable managers.
– Wendy Zhu, Managing Director at AlpInvest Partners, highlighted excitement about collaborating with PAOH to build a high-quality global private equity portfolio. n growth opportunities.
– PAOH has successfully closed its third vintage of a private equity fund program, focusing on overseas private equity investments.
– The Fund features a diversified portfolio of top-tier buyout and growth managers in North America and Europe.
– Investments transferred to the Fund were made by Ping An through a secondary transaction.
– The Fund also includes a mandate for co-investment opportunities sourced from Ping An’s global general partner (GP) relationships.
– The Fund received a total capital commitment of USD 850 million from global investors.
– Key investors include AlpInvest Partners, Montana Capital Partners, and GIC which had previously anchored a predecessor fund.
– hoi tung, Chairman and CEO of PAOH, expressed gratitude to existing investors and highlighted the successful closing as a testament to their investment capability and governance.
– Dr. Christoph Jäckel, Managing Partner of mcp, emphasized the value added by mcp through unique investment opportunities and deepening their relationship with Ping An.
– Yong Cheen Choo, Chief Investment Officer of Private Equity at GIC, noted the extension of GIC’s relationship with Ping An and the continuation of investments with reputable managers.
– Wendy Zhu, Managing Director at AlpInvest Partners, highlighted excitement about collaborating with PAOH to build a high-quality global private equity portfolio. n growth opportunities.