Asia-Pacific

Carlyle commits $199m to education venture

Carlyle has teamed with US education provider Apollo Group to form Apollo Global, a $1 billion joint venture that will invest in the education services sector outside the US.

Carlyle backs schools in China(2)

The Carlyle Group has invested $20 million in a Chinese language institute to help it expand across the country.

CLSA leads $60m Chinese water financing(2)

The mezzanine management arm of CLSA Capital Partners, an alternative investment group based in Singapore and Hong Kong, has led the financing of Asia Water Technology, a Singapore-listed company operating in China.

Pantheon invests in Carlyle-backed Chinese flooring company

Pantheon Ventures, a private equity fund of funds specialist, has invested $12.5 million in a Chinese wood flooring manufacturer backed by The Carlyle Group.

Tano and Darby join to establish new China fund

Tano Capital, a US private equity firm which focuses on China and India, is forming a joint venture with Darby Overseas Investments and Tianjin Port Tariff-Free Zone Investments, a local government-linked.

KPS in $400m metals deal

KPS Capital Partners will pay $400 million for the metals business of Olin Corporation. The deal is KPS’ first from its latest distressed fund, which closed on $1.2 billion in June.

GEM to buy 49 percent stake in Chinese coal mine

The Global Emerging Markets Group has agreed to acquire a 49 percent stake in a coking coal reserve in Inner Mongolia. The deal is GEM’s second direct private equity investment in the country.

CLSA leads $60m Chinese water financing

The mezzanine management arm of CLSA Capital Partners, an alternative investment group based in Singapore and Hong Kong, has led the financing of Asia Water Technology, a Singapore-listed company operating in China.

3i invests $30m in designer jewellery brand

3i has invested $30 million in John Hardy, a Hong Kong-based jewellery designer brand manufactured in Bali and sold in the US. The private equity investment will provide an exit for the founders of the family-run business.

KY Tang: Countdown to 2008

Affinity Equity Partners, one of Asia's fastest growing firms, made a splash in 2007, but sees clouds ahead. Its founder tells PEO why.