The China-focused private equity firm intends to take a majority stake in New Focus Auto Holdings, acquiring $97.4m worth of its stocks and bonds.
2 min read · 19 September 2013
After months of speculation as to who will head the Chinese sovereign wealth fund, CIC is said to have selected Xuedong Ding to fill the role.
2 min read · 19 September 2013
The on-going consolidation of Australia’s LPs could result in increased allocations to alternative assets, according to AustralianSuper's GM of investments.
2 min read · 19 September 2013
Pioneer Capital is the third domestic manager with a focus on SMEs expanding globally to receive a commitment from the New Zealand Superannuation Fund.
3 min read · 19 September 2013
The Australian country manager has sold its investment in the baby-food manufacturer to UK-listed PZ Cussons, just a month after Australian regulators blocked a bid from Heinz & Co.
3 min read · 19 September 2013
China’s outbound M&A continues to grow – despite the reservations in some quarters overseas about Chinese buyers, writes Clare Burrows
3 min read · 19 September 2013
Insurance companies in India, representing a potential $10 billion in capital, have been given the green light to invest in alternative investment funds.
2 min read · 19 September 2013
As deals, exits and fundraising falter in China, private equity firms are gradually finding more buyout opportunities, according to figures from PricewaterhouseCoopers.
3 min read · 19 September 2013
The private equity firm has made a first and final close on its $950m hard cap six months after launch, raising what is possibly the region's largest sector fund ever.
2 min read · 19 September 2013
The Beijing-based firm joins a consortium of investors taking private Chinese pharmaceutical company Simcere in a deal worth close to $500m.
2 min read · 19 September 2013