Standard Chartered related stories
All articles and analysis
Standard Chartered backs bottlerThe UK Bank's private equity unit has made its third deal in India in as many weeks with a $56m investment in Varun Beverages International, PepsiCo's biggest bottler in South Asia.
- TA Associates opens in Hong Kong
Edward Sippel, who led Quadrangle's Asia office prior to its closure, will head the Hong Kong office.
- UK launches business growth fund
The UK government-backed Business Growth Fund, chaired by Sir Nigel Rudd, will make £2.5bn available to invest in British SMEs.
- PEI Awards winners find success in uncertain times
During December, thousands of private equity industry participants in more than 50 countries took the time to think about which firms, advisors and transactions truly stood out from the rest in 2010. They voted in our annual PEI Awards readers’ poll, the results of which were revealed this week and highlight the fact that the brightest firms in the industry have flourished despite challenging conditions.
- CCMP exec to head £2.5bn fund
Stephen Welton, a senior member of JPMorgan spinout CCMP Capital Advisors, will act as CEO of Business Growth Fund, which will be chaired by former Barclays director Sir Nigel Rudd.
- TA promotes six
In addition to five US and European promotions, the Boston-headquarterd firm has named Naveen Wadhera head of India operations.
- 3i records 7x on secondary sale
A Unitas-led consortium will buy hydraulic cylinder manufacturer Hyva, whose sales in emerging markets have soared under 3i’s ownership.
- GVK linked to $600m stake sales
Indian airport operator GVK Power and Infrastructure is understood to be in talks with several private equity investors to raise up to $600m for its airport and energy businesses. The company is believed to be offering a sale of up to 30% in its airport business to private investors.
- TA Associates hires director in India
The mid-market firm has named Dhiraj Poddar as a director focusing on growth investments in India and other emerging markets.
- PineBridge appoints former UK trade minister
Former StanChart CEO and trade minister Mervyn Davies will advise the firm’s senior management team.