Vietnam Opportunity Fund has sold its entire stake in food and beverage company Masan for more than $20m, generating a return of 2.5 times its original investment.
2 min read · 05 January 2013
Vibhav Panandiker has been hired to lead the Asian mid-market arm's private equity investments in Southeast Asia and India, while Cathy Zhang will oversee investments in Greater China.
2 min read · 05 January 2013
The troubled Japanese bank, which was bailed out by US private equity firm JC Flowers for a second time in November 2007, is reportedly looking to raise about ¥50bn.
2 min read · 05 January 2013
The New Zealand-focused private equity firm has raised NZ$82.5 million for its second retail fund, which will invest alongside its fourth buyout fund. Direct Capital aims to raise NZ$250m for the two funds combined.
2 min read · 05 January 2013
Peter Pfister has moved from Zurich to Singapore to lead Deutsche Bank private wealth management's private equity operations in the region.
2 min read · 05 January 2013
Standardising reporting and valuation methods are key drivers of the IVCA's move to adopt voluntary guidelines for the Indian private equity industry.
2 min read · 05 January 2013
The Hong Kong-based fund of funds manager has added Wen Tan and Boris Bong to its group of managing directors, as it raises $400m for Fund II.
1 min read · 05 January 2013
Hong Kong-based CITIC Capital is reportedly in talks with China's national pension fund and the China Development Bank to set up a buyout and a venture fund.
2 min read · 05 January 2013
The New York-headquartered investment firm has promoted Amanda Siegel from vice president to partner. It has has also appointed three senior associates as vice presidents.
2 min read · 05 January 2013
The private equity arm of Merrill Lynch has reportedly reduced its Australian private equity team.
1 min read · 05 January 2013