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 Hong Kong-headquartered firm has acquired a large majority stake in Italian manufacturer Gimatic.
EQT invested in the company in 2010 through its second China and South-East Asia focused buyout fund.
.jpg "CDC International Capital and KIC ink co-investment deal")
The French-Korean partnership seeks to invest up to €500 million in cross-border transactions.
Local private equity firms must have total assets worth more than CNY 5 billion in the last three years and should have been in business for at least five years in order to list on the NEEQ exchange.
Private equity players based in Asia tell Private Equity International they are ‘cautiously optimistic’ about the Philippines’ new tough-talking president.
Eric Zhang was previously a global partner and managing director at Carlyle.
The investment comes from its fifth flagship fund, which closed on more than A$ 2.1 billion in 2015.
The superannuation fund had initially invested NZ$ 209.8m in the energy company in 2010.
Private equity and venture capital returns raced ahead of public markets in 2015 posting gains of 18.4 percent compared to 2.8 percent.
.jpg "Blackstone partners in New Zealand insurer")
The investment comes from the firm’s $7 billion Tactical Opportunities Fund.