Private Equity
Paris-based insurer Axa says its real estate investment management business has struck an agreement with Chinese insurer, Ping An, to co-invest in residential projects in the country. A China real estate fund is also on the way.
2 min read · 05 January 2013
Morgan Stanley Private Equity Asia has offered to de-list Sihuan Pharmaceutical, a Chinese drug maker that specialises in cardio-cerebral vascular drugs.
1 min read · 05 January 2013
The $200bn Chinese sovereign wealth fund is poised to buy a 40% stake in Chinese private equity and real estate firm, CITIC Capital, in its first domestic investment in a fund management platform. The Beijing-based fund purchased a stake in The Blackstone Group last year.
2 min read · 05 January 2013
Prax is set to take advantage of a projected population boom in Xi’an, the capital of China’s Shaanxi province, by investing almost $30m in a residential development in the city. The population of Xi’an is due to grow to 5.3m by 2020 – up from 3.1m in 2007.
1 min read · 05 January 2013
Park Hill Group will help sell some of the private equity fund holdings from indicted financier Allen Stanford’s $650m investment portfolio.
3 min read · 05 January 2013
FountainVest Partners, the private equity firm led by former Temasek Greater China head Frank Tang, is to invest $100m in convertible bonds and warrants issued by Henan province-focused developer Central China Real Estate.
1 min read · 05 January 2013
The region's rising stature as an investment destination owes primarily to the growth of the Chinese market, according to the Swiss fund of funds manager.
2 min read · 05 January 2013
Asian creditors of the women’s fashion brand are trying to force it into bankruptcy. Ellen Tracy is owned by Wilco Consumer Capital, Radius Partners and Windsong Brands.
2 min read · 05 January 2013
Joining KKR and others already invested in China's dairy sector, the PIPE deal will give Sequoia an 8.7% stake in Beijing-headquartered American Dairy.
2 min read · 05 January 2013
TPG has teamed up to buy an 11% stake in Wumart with Chinese private equity firm Hony Capital and its parent, Legend Holdings.
2 min read · 05 January 2013
