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 Seoul-based firm has amassed $100 million more than its target for its latest buyout fund.
Capital allocation in North America has more than tripled since 2007 while investments into Europe have stagnated, a report from S&P Global Market Intelligence revealed.
Singapore-headquartered private equity firm Northstar Group has appointed Bert Kwan, ex-managing director and head of ASEAN private equity at Standard Chartered Private Equity, as managing director.
The Europe and Asia-based firm, which specialises in European industrial technology investments, is also set to open a London office.
PAG and Meridian Capital have invested $225m to take a majority stake in the Food Union Group.
The firm will invest in tech companies focusing on robotics and the internet of things, and could also back healthcare and life sciences.
.jpg "Unigestion acquires rival Akina")
The Geneva-headquartered fund of funds will see its private equity portfolio grow by $3bn after the acquisition of the European mid-market firm.
The Chicago-based firm has already begun lining up deals and will invest between $15-50m per transaction.
The transaction is the second since the firm dismissed its head of private equity Joseph Stevens amid plans to reduce its exposure to the asset class.
The Hong Kong-headquartered firm has closed its third Japan buyout fund on $266m, beating its target of $250m.