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
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.
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
Capital Today has injected $5 million in a follow up investment into www.360buy.com, bringing its total investment in the Chinese shopping site to $10 million.
1 min read · 04 January 2013
The senior management of TIF Ventures, a private equity and venture investment subsidiary of Singapore’s Economic Development Board (EDB), has resigned and plans are underway for the establishment of two separate fund of funds.
1 min read · 04 January 2013
Deutsche Bank has sold DB Capital Partners to its management. It was the bank’s only remaining primary private equity business since a 2002 move to reduce direct exposure to the asset class.
2 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
Amwal Al Khaleej, a Saudi private equity firm, has invested $37.44 million for a 25 percent stake in an outdoor media business in United Arab Emirates.
1 min read · 04 January 2013
China’s Ministry of Commerce has given its approval for Goldman Sachs to acquire a 10 percent stake in Fuyao Group Glass Industries, an automotive glass maker.
1 min read · 04 January 2013
Deutsche Bank has sold DB Capital Partners to its management. It was the bank’s only remaining primary private equity business since a 2002 move to reduce direct exposure to the asset class.
2 min read · 04 January 2013