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
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
Actis is switching tack with the launch of a global fund, aiming for a $1.25 billion global umbrella vehicle alongside four regional side-funds, the largest pool of capital in its history.
2 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 Carlyle Group has beefed up its Japanese buyout team with the appointment of a co-head and a chairman commencing October and November respectively.
2 min read · 04 January 2013
The Sentient Group, a private equity firm focussing on metals, minerals and energy sectors, has backed a joint venture that will operate two mines and a power station in China.
1 min read · 04 January 2013
Credit Suisse has hired Ben Ngai from Citi to focus on sponsor coverage in China.
1 min read · 04 January 2013
Pacific Equity Partners’ acquisition of Flight Centre has failed again, despite an agreement with the company to purchase 30 percent of a leveraged joint venture to house the travel agency’s operational assets.
2 min read · 04 January 2013
Morgan Stanley’s Asia private equity group has raised $1.5 billion for the firm’s third Asia-focused fund, underlining the US bank's renewed commitment to the asset class.
2 min read · 04 January 2013
CVC Capital Partners is ending a joint venture with Citi for its third Asian fund. CVC Asia Pacific Fund III is expected to close well above a $4 billion target.
2 min read · 04 January 2013