Singapore's state-backed investment vehicle has appointed Tay Lim Hock as president of GIC Special Investments, replacing Teh Kok Peng (pictured), and Goh Kok Huat president of GIC Real Estate.
2 min read · 05 January 2013
The former Sequoia India team has reportedly collected the amount just a few months after breaking away from the US firm.
1 min read · 05 January 2013
Using capital from both India and US growth funds, the firm has taken an undisclosed stake in the FTV Capital-backed analytics service provider.
2 min read · 05 January 2013
SAIF Partners has completely exited its holdings in National Stock Exchange-listed lighting company Havells India. The firm invested INR750m in Havells in 2008.
2 min read · 05 January 2013
Multiples Asset Management, Mount Kellett Capital, Wolfensohn Capital Partners together with Bancorp will invest $64.4m in Dhanlaxmi Bank.
2 min read · 05 January 2013
The US firm, through a subsidiary, has injected A$90m in ailing CMA. The capital infusion will go to restructuring its operations while marking KKR's second round of funding in the company this year.
2 min read · 05 January 2013
The Victorian Funds Management Corporation, which has existing private equity assets worth about A$1.2bn, has made redundant its private equity co-heads as it shifts focus to infrastructure investments.
2 min read · 05 January 2013
Commercial Intelligence, which focuses on buying distressed debt, recently held a first close on Global Distressed Alpha Fund III at $18m for investments in Asia, Africa, Middle East and Latin America.
2 min read · 05 January 2013
Speaking on the sidelines of the PEI Asia Forum in Hong Kong, Enrique Cuan, co-managing partner of placement firm Mercury Capital Advisors, says LPs aren't yet as adventurous as one might be led to believe.
1 min read · 05 January 2013
Hony Capital's John Zhao, CITIC PE's Yibing Wu, FountainVest's Frank Tang and Morgan Creek's Jason Zhang debated whether RMB funds were crucial for China-focused managers at the PEI Asia Forum held in Hong Kong this week.
2 min read · 05 January 2013