Sharon Lim

SAC Private Capital acquires Taiwanese bank at a steep discount(2)

SAC Private Capital, the private equity arm of a US hedge fund group, has acquired a control stake in Cosmos Bank at a discount, saving it from government receivership.

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

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.

HSBC keen on Lone Star KEB stake(3)

Lone Star has confirmed that it is in discussions with HSBC about the sale of the buyout firm’s controlling stake in Korea Exchange Bank. The controversial deal has been held up by local prosecutors.

India looks to private equity for power(3)

India’s Power Finance Corp, a non-banking public sector lender, is reportedly turning to private equity to arrest the country’s infamous power shortfalls. Goldman Sachs and The Blackstone Group have been identified as possible partners.

ICICI Venture makes 4x returns from sale in India

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.

Permira buys from Olympus in first Japanese transaction

Permira is acquiring Arysta LifeScience from rival Olympus Capital in a secondary deal, valuing the agrochemical business at $2.2 billion in Japan's largest buyout this year and Permira’s first in the country.

Macquarie and MBK team up in Korean cable TV deal(2)

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.

Carlyle assembles Asia leveraged finance team(3)

The Carlyle Group has made three senior hires into its recently-formed Asia leveraged finance team. The division, which is based in Hong Kong, is headed by Eric Mason who joined the buyout group in May from JP Morgan.

CITIC Capital teams up with Bright Food in new fund venture(4)

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.

Olympus invests $28m in Chinese cement

Olympus Capital Holdings Asia has invested $28 million in a joint venture established with China-listed cement producer Sichuan Golden Summit.