Lenovo Group

The sale marks the second time the firms have sold shares in the Hong Kong-listed computer maker, having long ago made back their original $350m investment.

Texas Pacific Group, General Atlantic and Newbridge Capital are providing Chinese computer maker Lenovo with $350m for the acquisition of IBM’s personal computer business, in exchange for up to a 12.4 percent stake in Lenovo itself.

The Chinese company has completed the $1.25bn purchase of IBM’s personal computing unit and agreed to a $350m investment from three private equity firms.

Benjamin Gray will launch the new initiative once TPG Asia Fund VI is fully invested, slated for 2017.

As China's cross-border M&A picks up, Hamilton Lane's Juan Delgado-Moreira sees the potential to create the country's own Carlyles and KKRs.

In today's extraordinarily tough global fundraising environment in which LPs ‘hold all the cards’, managers of emerging market private equity funds are having to fight a rising trend amongst investors to buy conservatively.

A look at some of the groups limited partners have been buzzing about

Ma, who was CFO of Lenovo prior to joining TPG, is reportedly setting up a fund with Louis Cheung, president of Chinese insurer Ping An.

We present a quick guide to the firms – and the private equity stars behind them – making waves in the Chinese private equity industry.

In today's tough global fundraising environment in which LPs ‘hold all the cards’, managers of emerging market funds are fighting a rising trend amongst investors to buy conservatively, writes Amanda Janis.

The investment from Legend Capital, Sequoia Capital China and CCB International will used to expand the company, augment human resources, marketing activities and help R&D.