YC

Yvette Choo

ICG closes second Asia Pacific fund on $1bn

The UK finance provider’s fund close was reportedly $500m short of its $1.5bn target.

1 min read · 05 January 2013

STIC closes fund on $369m

The South Korean secondaries fund will invest in private equity and special situation portfolios in South Korea and Asia Pacific.

1 min read · 05 January 2013

Guggenheim Aviation opens in Singapore

The US-based private equity firm has also hired Stephen Barnes, former treasurer for Singapore Airlines, as director of marketing in Asia.

1 min read · 05 January 2013

Chinese solar company receives $35m

Silicon wafer maker JinkoSolar has received backing from Israeli venture firm Pitgango as well as China Israel Value Capital, which is poised to launch its second fund targeting $200m.

1 min read · 05 January 2013

Actis invests $65m in Chinese budget hotel chain

Warburg Pincus is co-investing with the emerging markets specialist in China's 7 Days Inn Group.

1 min read · 05 January 2013

Helion, TVS back Indian media firm

The India-based venture firms have invested nearly $8m to help 9.9 Mediaworx’s expansion efforts.

1 min read · 05 January 2013

Aureos invests in Papua New Guinea chemicals company

The London-based private equity firm has bought a 15.3 percent stake in Chemica, the fifth investment from its Pacific Island-focused fund.

1 min read · 05 January 2013

Credit Suisse hires two for Asian expansion

Former Bear Stearns senior managing director Steven Kwok and Standard Charter Private Equity's ex-Korea chief, Sokho Jung, will spearhead the Swiss bank's private equity expansion into Greater China and Korea.

1 min read · 05 January 2013

Chinese cement plant gets $40m growth investment

Sichuan Zhiquan Special Cement has closed a convertible preferred stock financing with investors that include Merrill Lynch, Lunar Capital and Eos.

1 min read · 05 January 2013

PCCW cancels $2.5bn auction

MBK, Macquarie, TPG and Providence were reportedly bidding on the telcom company, which represents the second Asian deal to be scuppered in recent days.

1 min read · 05 January 2013

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