Anchorage Capital Partners

The Australian Senate has launched an inquiry in response to the collapse of well-known electronics retailer Dick Smith, previously owned by Anchorage Capital Partners.

In the public outcry following the collapse of electronics retailer Dick Smith, its previous private equity owner faces demands to explain what went wrong.

Affinity Education had been targeted by rival childcare provider G8 Education earlier this year, which built a 19.9 per cent blocking stake.

The turnaround-focused firm will partially exit retailer Dick Smith in an A$344m IPO a year after it was acquired for A$20 million.

The special situations and turnaround-focused firm has closed its second fund less than six months after launch.

Anchorage Capital Partners is exploring a potential IPO for Australian retailer Dick Smith Electronics and has appointed Goldman Sachs and Macquarie Group to advise it on a listing and other strategic options, Reuters reported.

Sydney based private equity firm Anchorage Capital Partners has announced a A$250 million first and final closing of Anchorage Capital Partners II. The firm focuses on special situations and turnaround investment in the Australian, New Zealand and Southeast Asian markets.

The global firm has agreed to buy Burger King’s New Zealand operator from Anchorage Capital Partners.

Japan could be in contention for Advent’s next stage of Asia-Pacific expansion after the firm’s newly opened Australia office, India head Shweta Jalan tells PEI.

The newly-merged investment business of Aberdeen Asset Management and Standard Life Investments is seeking to boost its exposure to co-investments and increase its focus on investing in smaller GP deals.

Amy Wang, former head of institutional business for Greater China at Amundi Pioneer Asset Management, has been brought on to strengthen the firm’s relationships with Chinese high net worth individuals and institutional investors.

MGM Holdings Inc is in talks to acquire the 81 percent of Epix it does not already own from two of its partners in the premium U.S. channel, Viacom Inc (VIAB.O) and Lionsgate (LGFA.N), sources told Reuters.

The investment comes from the firm’s $7 billion Tactical Opportunities Fund.

The failure of the high-profile Australian retailer has landed the industry in the middle of a political storm. It is not the first time.

Fund placement specialist Mounir Guen has relocated from London to Hong Kong to better access capital formation opportunities across Asia Pacific

The Sydney-based firm closed its seventh vehicle oversubscribed after one month in the market.