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.
The firm has hired Nobuaki Kurumatani, a former deputy president of Sumitomo Mitsui, as president of Japan, as the firm scales up investments in the country.
The Japan-focused fund is 50% larger than its predecessor.
The investment marks CPPIB’s first direct deal in private education.
The firm has exited its stake in the polymer parts manufacturer after nearly five years of ownership.
The Hong Kong-based firm has acquired medical laser manufacturer Fotona, which will target expansion in China and Asia.
The Kuala Lumpur-headquartered firm bought Somany Ceramics in 2014 through its $330m second vehicle, Creador II.
The South Korean firm will acquire used car retailer Autoplus for $100m.
The firm received commitments from new LPs including domestic pension funds, endowments, insurance companies and funds of funds.
The mid-market firm secured commitments from new investors including pension funds, endowments and consumer goods companies.
The New York-based firm has set up in Shanghai and registered with China’s asset management association so it can raise money from mainland Chinese high net worth individuals and institutional investors.