Lucia Dore

Executive director of the New Zealand Private Equity and Venture Capital Association, Colin McKinnon talks to PEI about the positive year ahead in local private equity investing, as well the regulatory challenges.

AVCAL is arguing for changes to draft legislation that would make disclosure less burdensome for superfunds, including those who invest in private equity.

CDH with Shanghai Goliath is bidding for a 32 percent stake in Zhaopin.

The Sydney based mid-market firm is poised to invest Fund II, a A$75 million vehicle that will make between two and four investments.

Australia’s Champ Ventures continues to invest its seventh fund acquiring New Zealand outdoor brand Macpac.

Affinity Education had been targeted by rival childcare provider G8 Education earlier this year, which built a 19.9 per cent blocking stake.

The Australian government’s Innovation Statement released last week focuses on early stage investing, promising to boost the pipeline of private equity opportunities, AVCAL’s CEO Yasser Al-Ansary tells Private Equity International.

The Australian firm, which is currently marketing a A$200m venture capital vehicle, plans to launch a second PE fund late next year that will be significantly larger than its previous vehicle.

The fund has appointed alternatives specialist Lindsay Wright as deputy chair.

Crescent Capital upped its investment in the ASX-listed infrastructure firm without seeing the books and aims to undertake a turnaround.