Private Equity
The firm has agreed to purchase 74.67% of the JASDAQ-listed cosmetics vendor from parent Avon for $90m. It has offered to acquire the remaining 25.33% from shareholders.
2 min read · 05 January 2013
Benjamin Cheng, who focuses on the firm’s investment in China’s consumer sector, will leave after one last exit, according to reports.
2 min read · 05 January 2013
The US bank has put a total of $570m of investments with buyout firm CVC Capital Partners for sale on the secondaries market, reportedly including $250m of investments in two CVC Asia funds.
2 min read · 05 January 2013
Randall Lee, a former Lone Star Advisors director, has joined CVC Capital Partners’ two-strong Seoul-based team.
2 min read · 05 January 2013
The firm has hired Tze Ching Chan to support its investment activities in Asia’s financial services sector.
1 min read · 05 January 2013
The Swiss fund of funds manager has secured ex-AI Capital head Kazushige Kobayashi to lead its second office in Asia.
2 min read · 05 January 2013
The firm has acquired a minority stake in Nobao Renewable Energy, a Shanghai-based energy efficiency technologies provider, marking its third transaction in China.
2 min read · 05 January 2013
Under a pilot programme launched by the Shanghai government, qualified foreign limited partners will be able to commit up to 50% of one onshore fund’s capital. Beijing and Tianjin are also said to be awaiting approval for the same programme.
2 min read · 05 January 2013
Peng Zhao, who replaces Linda Cai in Beijing, will work to increase direct investments in China.
2 min read · 05 January 2013
Ian Deas, former head of US secondaries at Pantheon, will help clients of the Sydney-based firm enter the US secondaries market.
2 min read · 05 January 2013
