Private Equity
One month after China’s government lifted a moratorium on mainland initial public offerings, state-controlled China State Construction and Engineering Corporation is preparing a flotation worth $5.9 billion.
1 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
The Hong Kong-based firm has hired four professionals from Deutsche Bank’s Asia-Pacific distressed products group.
2 min read · 05 January 2013
The China-focused firm plans to raise both a real estate and private equity fund denominated in the local currency.
2 min read · 05 January 2013
The joint venture will seek capital from domestic and international investors, for an RMB fund and a US dollar fund. Both funds will have identical mandates and will co-invest together.
2 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
China Development Financial Company will invest both directly and indirectly in the private equity asset class.
1 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