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 London-based firm has sold its holding in ACR Capital Holdings to Asia Investment Capital after a hold period of almost 10 years.
By acquiring business process outsourcing company Nippon Outsourcing Corporation, The Longreach Group's $400m second fund is now fully invested.
The country continues to open up to foreign investment, but ticket sizes and family-run companies are holding back private equity firms.
Chinese buyers have snapped up more than $100bn in overseas assets this year, thanks in part to a loosening of rules on investing abroad, and participants in PEI’s Asia roundtable say the appetite for foreign deals is set to grow.
The Canadian pension fund, an active investor in China, has signed a memorandum of understanding with the country’s economic and social development commission to assist in attracting more international capital to the Chinese senior care industry.
The Japanese insurer’s decision to create an alternatives division follows sister company Japan Post Bank’s move last December to establish a private equity division, as part of its efforts to diversify beyond domestic bonds.
The Japanese insurer’s decision to create an alternatives division follows sister company Japan Post Bank’s move last December to establish a private equity division, as part of its efforts to diversify beyond domestic bonds.
The biggest private equity fund to date will be managed by China’s state-assets watchdog, and aims to tackle more than 77 trillion yuan in debt owed by Chinese state-owned enterprises.
Baring Asia’s offer for the Sydney-listed risk management firm is lower than the A$1.1bn bid from buyout firms KKR and Pacific Equity Partners two years ago, but that bid eventually fell through.
Valuations are slipping from highs seen a year ago, with positive implications for investment, HarbourVest's Hong Kong-based principal Haide Lui says, as she shares her views on the firm's approach and its outlook for the region.