Asian pension funds miss out on private equity opportunities

Ting Yu Seng, an International Finance Corporation (IFC) executive seconded to Chase Capital Partners Asia (CCPA), says the private lending arm of the World Bank is interested in Chase's Asia Opportunities Fund because it is good investment and it is helping Asia rise from the economic slump. In total, US pension funds have chipped in more than $200 million to the close-ended fund, which closed this week after raising $1.1 billion.