Foreign firms in the Shanghai Pudong New Area are now allowed to register as equity investment management enterprises. The pilot policy begain in June and will expire at the end of June, next year.
2 min read · 05 January 2013
The Indian bank is close to setting up a private equity fund with Oman and has also been designated by the Indian government as the ‘operationalising agency’ for a similar fund with Qatar.
1 min read · 05 January 2013
Chinese private equity investors have reportedly acquired a 20% stake in Chery Automobile for $293m.
2 min read · 05 January 2013
Bids received for the Singapore-based mooring business fell below 3i's valuation of the company at $400m.
1 min read · 05 January 2013
The three US firms are reportedly up against Development Bank of Japan and an investment arm of Daiwa Securities, in the $1.1 billion auction for troubled J-REIT, New City Residence.
1 min read · 05 January 2013
The bank will reportedly shutter the hedge fund and private equity business of its principle investment management group, except for an Asia-focused private equity team.
2 min read · 05 January 2013
The investment in Bahrain Maintenance and Diving Services represents the sixth deal from Unicorn's debut fund, now fully invested.
1 min read · 05 January 2013
Before the Asian private equity firm’s investment, Network 18 raised INR2 billion from its promoters to shore up its balance sheets.
2 min read · 05 January 2013
The Vietnam-focused private equity firm has invested $9.4m in Masan Food through its $100m Vietnam Azalea Fund, which has $36m left to deploy. The business manufactures foods such as noodles, sauces and condiments.
1 min read · 05 January 2013
The India- and Southeast Asia-focused fund will target distressed assets, turnarounds, recapitalisations and other opportunities arising from turmoil in financial markets.
2 min read · 05 January 2013
