As expected, Pacific Equity Partners and the co-founders of Australia’s Flight Centre failed to receive enough shareholder support to take the listed travel agency private, after its largest shareholder voted against the deal.
2 min read · 03 January 2013
In 2006, venture capital investments in mainland China reached its highest point in three years and the scope of non-technology investments have also broadened, according to a study by Dow Jones VentureOne and Ernst & Young.
2 min read · 03 January 2013
Vietcombank Fund Management, a joint-venture between Bank for Foreign Trade of Vietnam and Singapore-based Viet Capital Holding, has raised $120 million for a second fund, one year after it closed its maiden fund on $12.5 million.
1 min read · 03 January 2013
CDC Group, the UK government-backed fund of funds, has made a $20 million commitment to Lombard Asia III, an expansion capital fund that will focus on South Asia and Greater China.
1 min read · 03 January 2013
A Korean court has slapped Warburg Pincus with a fine in addition to sentencing Hwang Sung-jin, the US private equity firm’s local chief to four years in prison for insider trading.
2 min read · 03 January 2013
The Carlyle Group and Providence Equity Partners have become the new partners for Irish publishing group Independent News & Media in the latter’s listed media business in Australia and New Zealand.
2 min read · 03 January 2013
MKS Partners, hailed one of the three big Japanese private equity houses, has lost one of its partners to Kohlberg Kravis Roberts.
1 min read · 03 January 2013
Dubai-based Abraaj Capital has secured one-quarter of its targeted fund size at the first close of its infrastructure and growth capital fund.
1 min read · 03 January 2013
US investment agency Overseas Private Investment Corporation is committing $200 million to three private equity funds that will be investing in Jordan.
2 min read · 03 January 2013
The global fund of funds manager is promoting a principal to managing director in its Hong Kong office shortly after announcing the final closing on two funds.
1 min read · 03 January 2013
