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 Japanese mid-market private equity firm has held a second close for its latest Japan-focused buyout fund, which has a target of $500m.
The Shanghai-based firm expanded its presence in the US last year with the opening of its third investment office in Menlo Park, California, as it seeks to grow more relationships with Silicon Valley firms.
Taipei-headquartered AB Value Capital Partners has also hired the former head of secondaries at Japanese advisory firm Ark Totan.
.jpg "India Value Fund Advisors rebrands as True North")
The India-focused firm is currently deploying its fifth fund, 2015-vintage vehicle India Value Fund V which raised $682m.
The US corporate pension will reduce its 80 GPs over time but plans to increase its overall exposure to private equity.
The Canada Pension Plan Investment Board, Dutch pension fund PGGM and UK's CDC have also previously invested in PVR.
Bain has teamed up with Chinese supermarket chain operator Yonghui to expand Daymon Worldwide in China, Japan, Taiwan and South Korea after a $413m acquisition.
.jpg "SBI-backed Oman India fund raises $220m")
The Mumbai-based firm’s capital raising target for its second India-focused vehicle is reportedly three times the size of its maiden 2010-vintage fund.
The $1.4 trillion Japanese pension fund is moving into a more dynamic manager selection process and integrating ESG factors in its investments as it hopes to become a role model for Japanese investors.
KKR's tender offer for Hitachi Koki comes two months after its $4.5bn bid for Japanese auto parts maker Calsonic Kansei.