Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
.jpg "CIC officially opens NY office")
China’s $810bn sovereign wealth fund is eyeing US infrastructure projects and high-tech manufacturing investments.
The South Korean pension made commitments to buyout firms Apollo Global Management and EQT Partners as it continues its strategy of ramping up its overseas exposure.
China private equity is maturing and GPs are shifting into control deals, but not all are ‘truly experienced’, say Asia-based LPs.
The Chinese pair have acquired the sexual wellness unit of Australian healthcare company Ansell and plans to expand the company in emerging markets.
The firm had a $500m target for the fund which has struck two deals so far.
Queensland Investment Corporation, Goldman Sachs and Pagoda Investment will invest over $750m in the Australian cancer care provider as it pursues its Asia expansion plans.
The Australian manager has raised $550m for its latest buyout fund, significantly smaller than its $1bn predecessor.
The Beijing-based firm will gain $730 million from the sale.
.jpg "Partners Group to acquire SPi Global from CVC")
The transaction would value the Manila-based business process outsourcing firm at $330 million.
The US-based manager has sold its 25 percent stake in the non-banking financial company to a number of investors, including GIC, Morgan Stanley and HDFC Standard Life Insurance.