Sharon Lim

Advantage Partners raising $2bn ‘hedge fund’(3)

Advantage Partners, one of Japan’s most prominent local private equity groups, is making its first foray into what one investor referred to as ‘hedge fund management’, with a $2 billion fund that will buy minority stakes in listed Japanese companies.

Blackstone buys into India’s largest clothing exporter

Blackstone is advancing toward a fourth acquisition in India in a year. The target is Gokaldas Exports, India’s largest apparel exporter by sales. The investment: $165 million for a control stake.

Macquarie and MBK team up in Korean cable TV deal(3)

Macquarie Bank and MBK Partners, a North Asian buyout group, have abandoned the fight for a Korean cable TV operator and instead teamed up to acquire it in a deal worth $3 billion.

Aureos invests $5m in Philippines(2)

Aureos has invested $5 million in a semiconductor business in the Philippines, one of the least frequented private equity destinations in Southeast Asia.

Longreach buys insolvent Japanese IT solutions provider(2)

The Longreach Group, a largely Japan-focused private equity firm, has invested $118 million for a control stake in an insolvent Japanese IT company that is listed on the Tokyo Stock Exchange.

CITIC Capital teams up with Bright Food in new fund venture(6)

CITIC Capital has teamed up with an affiliate company, Shanghai-based Bright Food Group, to set up a $250 million private equity fund aimed at China’s food industry.

Aureos invests $5m in Philippines

Aureos has invested $5 million in a semiconductor business in the Philippines, one of the least frequented private equity destinations in Southeast Asia.

ICICI Venture makes 4x returns from sale in India(2)

ICICI Venture is poised to make a 4.25 times cash return from a divestment in Ace Refractories, an investment made less than two years ago from its maiden fund.

Longreach buys insolvent Japanese IT solutions provider

The Longreach Group, a largely Japan-focused private equity firm, has invested $118 million for a control stake in an insolvent Japanese IT company that is listed on the Tokyo Stock Exchange.

CITIC Capital teams up with Bright Food in new fund venture(5)

CITIC Capital has teamed up with an affiliate company, Shanghai-based Bright Food Group, to set up a $250 million private equity fund aimed at China’s food industry.