PH

PE Hub Staff

Chinese Budget Hotel Chain Raises $65 Million

7 Days Inn Group, a Chinese budget hotel chain, has raised $65 million in new private equity funding. Actis led the round, and was joined by return backer Warburg Pincus.

3 min read · 16 October 2008

Report: CVC In Talks To Buy RBS Insurance Assets

1 min read · 16 October 2008

Genstar-Backed Confie Seguros Adds On

Confie Seguros, an acquisition platform focused on insurance brokerages, has acquired San Antonio-based auto insurance brokerage Alamo Auto Insurance. No financial terms were disclosed. Confie Seguros was formed earlier this year by Genstar Capital.

2 min read · 16 October 2008

Kirkland & Ellis Forms Asia Fund Practice

1 min read · 16 October 2008

Icicle Seafoods Buys a Big Boat

Icicle Seafoods Inc., a seafood harvesting and processing company, has acquired the M/V Stellar Sea, a 315-foot processing vessel, currently equipped to process crab, salmon, herring and cod. No financial terms were disclosed. Icicle Seafood is owned by Paine & Partners.

2 min read · 16 October 2008

EQT Partners Expands Into Poland

EQT Partners has opened a new office in Warsaw. It will be led by new partner Piotr Czapski, who previously was on the board of Polish telecom operator Netsia SA and, before that, led McKinsey & Co.’s business tech practice in Eastern Europe.

4 min read · 16 October 2008

India Approves Idea Stake Sale

1 min read · 16 October 2008

Can Chinese Banks Survive The Downturn?

3 min read · 16 October 2008

GE Commercial Finance Holding Off New China Deals

2 min read · 16 October 2008

Debusmann: Was Karl Marx Right?

4 min read · 15 October 2008

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