China is reportedly close to approving the launch of a Singapore-China private equity fund that aims at boosting investments at Suzhou Industrial Park.
1 min read · 04 January 2013
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.
2 min read · 04 January 2013
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.
1 min read · 04 January 2013
CVC Asia Pacific has spent $225 million to acquire shares in a bottle maker in the largest private equity investment in tradable A-shares of a China-listed company.
1 min read · 04 January 2013
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.
1 min read · 04 January 2013
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.
2 min read · 04 January 2013
Sequoia Capital has raised $300 million for a third India venture fund. The new fund is the largest dedicated to India venture capital, according to Sequoia managing director Sumir Chadha.
1 min read · 04 January 2013
Asia’s private equity report card for the first half of this year is out: fundraising has surpassed last year’s record levels but transaction value has fallen compared to the first six months of 2006.
2 min read · 04 January 2013
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.
2 min read · 04 January 2013
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.
2 min read · 04 January 2013
