Asia-Pacific

MBK to invest in Japanese jewellery brand

MBK Partners is set to invest ¥7bn in Tasaki Shinju to help strengthen the company's domestic market position and expand its overseas operations. This will be the firm's second deal in Japan.

AMP nears first close on $750m Asian infrastructure fund

Sydney-based AMP Capital Investors is backing Gayatri Infra Ventures, a subsidiary of an Indian road construction company. The deal is its maiden investment from its Asian Giants Infrastructure Fund, which is currently raising capital to target Chinese and Indian investments.

CDC commits $105m to Chinese funds

The UK Government’s emerging markets fund of funds has made commitments to four Chinese funds. It expects these funds to go on to raise a total of $1.7bn from other sources for investment in the region.

Capvis plays it safe with BARTEC

The Swiss private equity firm has bought a manufacturer of explosion protection devices in a transaction that has been valued at roughly €325m. The deal represents an exit of undisclosed size for Allianz Capital Partners, which purchased the German company six years ago.

European LPs look to China

Many European limited partners are concerned about China's regulatory environment and cultural differences, but most want to invest increasingly in the country.

Asian private equity activity slows down

Private equity fundraising, investments and exits in Asia Pacific have dropped significantly in the first first half of 2008.

SAIF pays $15m for transportation IT

SAIF Partners has acquired 2.59 million shares of China TransInfo, giving the Asia-focused VC firm a 13.2 percent stake.

Eastgate invests in Indian investment bank

Dubai-based Eastgate Capital Group has invested $23 million in Avendus Capital to fund the growth of its international operations.

Carlyle drops $375m deal for Chinese construction company

After nearly three years of negotiation and two revisions of the investment agreement, the two parties have decided not to proceed citing changing market conditions. Government regulation of foreign investments had thwarted the deal in the past.

Bids for PCCW subsidiary closed today

The Hong Kong-listed telecommunications group has received 'a number of proposals' for its sale of a minority interest in a subsidiary. Private equity firms including TPG are reported to have bid.