The sovereign fund, which already owns a portion of Blackstone's management company, will reportedly pay $258m for new shares in the Hong Kong-based alternative investment firm.
2 min read · 05 January 2013
The capital injection will be used by Zhaoheng Hydropower to develop and acquire small- and medium-sized hydro assets in China. This is Olympus' fifth investment in Asia's renewable energy and environmental services sector.
2 min read · 05 January 2013
The Seoul-based firm has closed the largest Asia-focused fund to date this year, but fell short of its reported initial target range of $2.5bn to $3bn.
2 min read · 05 January 2013
Less than a year after taking over as the Asia Pacific head of Blackstone-owned GSO Capital Partners, Tim Donahue is rejoining JPMorgan.
1 min read · 05 January 2013
The debut fund from the China-focused private equity firm will invest in the technology, clean-tech, media and consumer sectors.
2 min read · 05 January 2013
Norwest Venture Partners has led a $17.4m Series B round of funding for Borqs, a Chinese developer and integrator of mobile software applications.
2 min read · 05 January 2013
Less than two months after acquiring Oriental Brewery in a blockbuster deal, KKR is selling half the brewer to Affinity Equity Partners for $400m.
2 min read · 05 January 2013
A recent study shows the world's largest private equity fund of funds managed $177bn last year, a 27% rise from 2007.
2 min read · 05 January 2013
Shailendra Bhandari has left the Indian conglomerate less than a year after he joined.
2 min read · 05 January 2013
A Bank of China subsidiary is reportedly setting up an RMB-denominated private equity fund focused on China’s media industry.
1 min read · 05 January 2013