Private Equity
The Chinese capital has reportedly joined Shanghai in securing the necessary backing from China’s central government to launch a currency conversion programme for offshore LPs. Further detail on Shanghai’s QFLP scheme has also emerged.
3 min read · 05 January 2013
Dhiraj Poddar will bring the Mumbai-based investment team at the US mid-market firm to four.
2 min read · 05 January 2013
It has been reported that China’s State Administration of Foreign Exchange has allowed the Shanghai government to greenlight the conversion of $3bn into RMB for investment into private equity funds. Whether this money will be treated as local capital still remains unclear.
3 min read · 05 January 2013
Pying-Huan Wang has been hired to head infrastructure investments at Swiss-Asia Financial Services, which is preparing to launch its debut infrastructure vehicle.
2 min read · 05 January 2013
The Carlyle Group’s $3.9bn bid to privatise CommScope has met with near-unanimous approval from shareholders of the communications-infrastructure company.
1 min read · 05 January 2013
Regulations loom, economic growth will stay slow and huge amounts of un-invested capital will be chasing deals. In some emerging markets like China, a capital bubble may be forming, writes David de Weese.
2 min read · 05 January 2013
Carlyle has already recouped its investment in China Pacific through an $860m partial exit from the Chinese insurer and is on track for a 6x return.
2 min read · 05 January 2013
TPG has further demonstrated its real estate ambitions with the $505m purchase of US real estate assets from global logistics giant ProLogis. The Dallas-based private equity titan has been steadily increasing its exposure to the sector.
3 min read · 05 January 2013
The consortium has invested $400m in equity into Indonesian stock exchange-listed Delta Dunia Makmur. China Investment Corporation is reported to be joining as a third co-investor.
2 min read · 05 January 2013
A majority of LPs will be looking to maintain their allocation levels to private equity, or even decrease those levels, and most will only have a limited interest in meeting new GPs, according to a survey from Probitas Partners.
2 min read · 05 January 2013
