Asia-Pacific

CLSA leads $60m Chinese water financing(2)

The mezzanine management arm of CLSA Capital Partners, an alternative investment group based in Singapore and Hong Kong, has led the financing of Asia Water Technology, a Singapore-listed company operating in China.

Pantheon invests in Carlyle-backed Chinese flooring company

Pantheon Ventures, a private equity fund of funds specialist, has invested $12.5 million in a Chinese wood flooring manufacturer backed by The Carlyle Group.

KPS in $400m metals deal

KPS Capital Partners will pay $400 million for the metals business of Olin Corporation. The deal is KPS’ first from its latest distressed fund, which closed on $1.2 billion in June.

GEM to buy 49 percent stake in Chinese coal mine

The Global Emerging Markets Group has agreed to acquire a 49 percent stake in a coking coal reserve in Inner Mongolia. The deal is GEM’s second direct private equity investment in the country.

CLSA leads $60m Chinese water financing

The mezzanine management arm of CLSA Capital Partners, an alternative investment group based in Singapore and Hong Kong, has led the financing of Asia Water Technology, a Singapore-listed company operating in China.

3i invests $30m in designer jewellery brand

3i has invested $30 million in John Hardy, a Hong Kong-based jewellery designer brand manufactured in Bali and sold in the US. The private equity investment will provide an exit for the founders of the family-run business.

Blackstone hires former H&Q pro

Former H&Q Asia Pacific managing director Andrew Kuo has joined The Blackstone Group’s growing Hong Kong staff as a managing director for greater China.

Pantheon and Nova pick up laboratory group for £75m

Pantheon Ventures and secondary investor Nova have bought the scientific laboratory business of Barloworld as it looks to grow the business overseas.

Bear Stearns latest to launch private exchange(2)

Bear Stearns has created a private trading platform, which will bring the total number of such private US exchanges to four.

Olympus invests $28m in Chinese cement

Olympus Capital Holdings Asia has invested $28 million in a joint venture established with China-listed cement producer Sichuan Golden Summit.