Asia-Pacific

Japanese strategic buyer sues PEP and Unitas(2)

Japan's Asahi Breweries is alleging it overpaid for Independent Liquor, which it bought from the private equity duo in 2011 for NZ$1.53bn.

Saudi LP puts $125m in China's B2C giant(2)

The private equity arm of Kingdom Holding, headed by Saudi prince Alwaleed Bin Talal, led a consortium of investors in the $400m funding round of Chinese e-commerce business 360Buy.

Distressed investing gathers steam in Asia(2)

Distressed fundraising totals in Asia doubled last year, recording the highest amount raised since 2006 as interest in the region's distressed vehicles increases.

3i reaps 2.6x return from Canadian exit(2)

The $967m sale of plastic equipment maker Mold-Masters has delivered a good exit for the UK-listed firm, after a subdued 2012 – and it hopes there are more to come.

CDH holds first close on China fund(2)

The Hong Kong-based private equity fund has raised over $1bn in commitments and has pulled in a number of key LPs.

Survey: China businesses to expand in Europe(2)

Chinese companies with existing operations in Europe plan to expand, according to a recent EU Chamber of Commerce survey. European private equity interest in China is also increasing.

Creador acquires Indian financial services firm(2)

The Brahmal Vasudevan-led firm has acquired Repco Home Finance for $13.7m in its second deal this year.

KPMG India PE head quits(2)

Vikram Uttam Singh has left the firm, to be succeeded by current head of transaction services Vikram Hosangady.

Study: China's PE deals down, RE deals up(2)

China’s private equity indicators fell in 2012 while real estate investment was the only asset class that showed an increase in both investments and fundraising, according to Zero2IPO.

LPs begin to favour pan-Asia funds(2)

Fundraising by pan-emerging markets and Asia regional funds has overtaken that of country-focused India and China vehicles, according to data from EMPEA.