Francis Leung, the Chinese financier, has agreed to purchase Richard Li’s controlling stake in Hong Kong-based PCCW, whose media and telecommunications assets now seem beyond reach for private equity suitors Macquarie Bank and TPG Newbridge.
1 min read · 03 January 2013
Kibo Technology Advancing Capital, a Korean venture capital firm funded mostly by the Korean government agencies, has raised $36 million for two funds this week.
2 min read · 03 January 2013
The private equity arm of India’s Infrastructure Development Finance Company has made a $21 million investment in a local toll road developer.
1 min read · 03 January 2013
Warburg Pincus, a global private equity manager, is making its first investment in India’s hospitality industry via a $60 million investment.
1 min read · 03 January 2013
India has attracted $2.1 billion in private equity investments in the second quarter of this year, with KKR’s first deal accounting for almost half that amount.
1 min read · 03 January 2013
Affinity Equity Partners, an Asian private equity firm, is launching a hostile takeover of an Australian retailer in the first unsolicited public-to-private attempt by a conventional buyout firm in the country.
2 min read · 03 January 2013
UTI Ventures, a private equity firm based in India, has invested $5.8 million in a local menswear company.
1 min read · 03 January 2013
IDFC Private Equity has made its second investment in India’s healthcare in less than a month.
2 min read · 03 January 2013
CCMP Capital Asia, the former Asian private equity arm of JP Morgan, is working with a local retailer to buy a Korean chain of convenience stores previously owned by Orion Corp., a local media and entertainment company.
1 min read · 03 January 2013
Vision Super, a superannuation fund in Australia, has appointed new managers in a move aimed at expanding its private equity exposure.
2 min read · 03 January 2013
