Private Equity
Thayer will buy $307m for Interstate Hotels & Resorts in a 50-50 partnership with Shanghai Jin Jiang International Hotels. IHR shareholders have yet to vote on the plans.
2 min read · 05 January 2013
A debate by ministers over stringent regulations for EU fund managers was temporarily cancelled following interventions by the UK Prime Minister Gordon Brown.
4 min read · 05 January 2013
The president of CITIC Private Equity Funds Management says the lack of track record of private equity in China is the single biggest hurdle facing the development of a local LP base, above regulatory issues.
2 min read · 05 January 2013
The firm is targeting commitments of between $500m and $800m as it follows up on the success of its recent record-breaking RMB fundraise.
1 min read · 05 January 2013
The Beijing-based private equity fund launched by former Goldman Sachs executives has reportedly made its first investment outside of China.
1 min read · 05 January 2013
Sajith Ranasinghe has moved from New York to the $8.5bn pension fund’s Hong Kong office as it looks to increase its exposure to Asian private equity and real estate.
2 min read · 05 January 2013
Former Goldman executive Fang Fenglei’s firm is targeting natural resources as it invests with two others for a minority stake in Chinese coal transporter Winsway.
2 min read · 05 January 2013
The private equity majors and sovereign wealth fund are reportedly among the first round bidders for AXA’s majority stake in Taikang Life, which is valued at $1.05bn.
2 min read · 05 January 2013
The US Treasury Secretary said in a second letter the US is bolstering its regulatory approach to alternatives with registration requirements.
2 min read · 05 January 2013
Morgan Stanley Private Equity Asia’s chief investment officer and head of Korea Scott Hahn will be leaving the firm in May.
1 min read · 05 January 2013
