Millennium Technology Ventures, a Blackstone spin-out, has hired a new CFO from Venrock Associates -- just one part of a dramatic expansion plan.
3 min read · 04 January 2013
SAIF Partners has acquired 2.59 million shares of China TransInfo, giving the Asia-focused VC firm a 13.2 percent stake.
1 min read · 04 January 2013
All of Kekst’s private equity clients, which include KKR, General Atlantic and Warburg Pincus, will stay with the firm.
2 min read · 04 January 2013
Italian private equity firm Magenti will sell the concrete equipment firm to a consortium comprised of Shenzhen-listed construction equipment company Zoomlion, Goldman Sachs, Hony Capital and Mandarin Capital Partners.
1 min read · 04 January 2013
Maverick Capital, Brookside Capital, Sutter Hill Ventures, Farallon Capital and Chengwei Ventures have committed $30 million in equity financing to Chinese video website Youku.com, bringing its total venture capital backing to some $70m.
1 min read · 04 January 2013
Morgan Stanley Private Equity Asia and the private equity arm of Korea's second largest financial services group, Shinhan Private Equity, have agreed to acquire two loss-making mills from Norwegian newsprint maker Norske Skog.
2 min read · 04 January 2013
The Asian merchant bank has assembled a consortium and teamed with the management of Philippines-focussed mining company Indophil to outbid copper producer Xstrata. Each bidder considers Indophil's Tampkan site in the southern part of the country a gem.
2 min read · 04 January 2013
Lehman Brothers Merchant Banking will pay $22 per share in cash for healthcare services company Angelica, and Regions Business Capital and Apollo Investment will provide debt financing.
2 min read · 04 January 2013
Although panelists at the IFC’s 10th Global Private Equity Conference in Washington DC are sanguine about their deal flow in the emerging markets, some spoke of seeing a slowdown in the pace of fundraising.
2 min read · 04 January 2013
The firm has invested $10m in Frontage Laboratories alongside US venture firm Pavilion Capital Partners.
2 min read · 04 January 2013
