Gordian Capital announces the formation of the Cayman domiciled Align Partners Korea Fund, a successor to the prior Korea domiciled fund, Align Partners Fund I in September 2021. The new fund includes the significant participation of a well-known US value manager, serving as the inaugural anchor investor. The fund is sub-managed by Seoul-based Align Partners Capital Management, Inc. Align specializes in investments in listed Korean equities, employing a strategic approach intending to target superior long-term returns through a localized private equity lens, particularly focusing on shareholder activism to capitalize on the substantial “Korea discount.” Align’s investment philosophy is rooted in…
Author: BusinessNewsCanada
TPG, a global alternative asset management firm, in partnership with ALTÉRRA, the world’s largest private investment entity for climate change action, announced a significant US$1.5 billion commitment to TPG Rise Climate private equity funds, introducing the Global South Initiative. The initiative, managed by TPG, aims to accelerate institutional capital in the Global South by providing return enhancement for investments in high growth climate opportunities. It includes up to US$500 million from ALTÉRRA TRANSFORMATION and an additional US$1 billion from TPG Rise Climate II fund for co-investments. TPG also plans to raise further commitments from its network. The Global South Initiative…