The Brahmal Vasudevan-led firm has started fundraising for its second vehicle and has made its first exit from Fund I selling a partial stake in Malaysia’s OldTown White Coffee.
2 min read · 20 September 2013
Entrepreneurs in emerging economies continue to favour bids from corporations over private equity firms, although in Asia this is changing as markets mature, according to an M&A report by Baker & McKenzie.
2 min read · 20 September 2013
The PE-led consortium that includes Billabong board director Paul Naude expects to reach a deal in the coming weeks, which would conclude months of takeover talks for the Australian retailer.
3 min read · 20 September 2013
The government has increased the total amount of debt investment allowed from foreign investors to $51bn from just $1bn, a move likely to provide foreign private equity firms with attractive opportunities in India’s credit market.
3 min read · 20 September 2013
The special administrative region follows Singapore in signing a DTA with Guernsey, signaling its desire to become a more attractive fund domicile for private equity firms.
2 min read · 20 September 2013
The Blackstone co-founder has donated $100m to create an endowment at Beijing's Tsinghua University. Advisors including Tony Blair, Henry Kissinger and Christine Lagard have signed on to the initiative, which aims to raise $300m.
3 min read · 20 September 2013
Professor of finance at London Business School, Francesca Cornelli, believes more academic research in Asia is required to show how GPs can generate the best returns.
2 min read · 20 September 2013
Chinese investors continue to increase their offshore direct investments and will begin to target foreign private equity funds to diversify their portfolios, according to cross-border firm A Capital.
3 min read · 20 September 2013
The firm has hired and promoted several investment team members following the hire of head of India, Sandeep Naik, who joined from Apax Partners a few months ago.
2 min read · 20 September 2013
The media-focused firm has closed its Hong Kong office and opened in Singapore, where there are more TMT opportunities than in Greater China, says director Sumeet Jaisinghani.
2 min read · 20 September 2013