Sharon Lim

Carlyle invests in Japanese semiconductors

The Carlyle Group has made the first Japanese investment from its pan-Asian growth capital fund, backing a semiconductor assembly and testing services provider.

Archer Capital buys Foster’s wine assets

Archer Capital has agreed to buy five wine-related businesses across Australia, New Zealand and Japan from Melbourne-based Foster’s Group for an estimated A$200 million.

Carlyle invests in Japanese semiconductors

The Carlyle Group has made the first Japanese investment from its pan-Asian growth capital fund, backing a semiconductor assembly and testing services provider.

India’s UBL Asset Management eyes $500m infrastructure fund

UBL Asset Management, a new subsidiary of India’s UTI Bank, is looking to raise a $500 million private equity fund to invest in India’s infrastructure.

China’s electronics retailing king partners Bear Stearns in private equity

Wong Kwong Yu, one of China’s richest men and founder of the country’s largest electronics retailer is partnering the private equity arm of Bear Stearns to launch an alliance to capture opportunities in China’s retail sector.

Archer seals Rebel Sport deal despite “mad monkeys” row

Archer Capital is set to buy Australia-listed Rebel Sport for A$369 million, after a majority of shareholders followed the lead of the sports retailer’s largest shareholder Gerry Harvey and voted in favour of the take-private deal.

CCMP Asia, Teachers Private Capital acquire NZ Yellow Pages

CCMP Capital Asia and the private investment arm of Ontario’s Teachers’ Pension Plan have overcome heavyweight competition to acquire Yellow Pages in New Zealand for $1.54 billion.

Australia’s Principle Advisory Services appoints chairman

John Rickus, the former trustee of Motor Trade Association of Australia has been appointed chairman of Sydney-based Principle Advisory Services, a placement agent and strategic advisor. His appointment reflects the growing appeal of alternative assets to Australia’s superannuation funds.

Axiom raises $440m for Asia fund-of-funds

Axiom Asia has achieved a final close on an Asia-focused fund-of-funds, raising $440 million in less than a year since it set up. Asia Alternatives and Emerald Hill are also raising their first Asia-dedicated fund-of-funds.

Bain Capital raises $1 billion for debut Asia fund

Bain Capital has raised $1 billion for a new Asia-focused fund in just three months. This comes a year and a half after the Boston-based private equity group made its foray into the region.