Private Equity
The emerging markets private equity specialist, acquired by BMB Group earlier in the week, has hired Chun Min Pang, the former head of Aureos China and Samir Soota, co-founder of investment services firm Principia Management.
2 min read · 05 January 2013
The global private equity firm is to buy a 55% stake in Shriram Retail, having originally offered to acquire a 49% stake for $120m.
1 min read · 05 January 2013
Discounted secondary positions are up for grabs in Asian funds but regional LPs still remain hesitant buyers, writes Siddharth Poddar.
2 min read · 05 January 2013
China’s $200bn sovereign wealth fund has said that it will not pump money into troubled western financial institutions citing a lack of ‘sincere cooperation’ on the part of the US government.
2 min read · 05 January 2013
Regulators have reportedly rejected the joint venture, and instead allowed CITIC to launch a private equity arm expected to raise RMB 6bn for its first fund.
2 min read · 05 January 2013
The Asia-focused buyout firm has wrapped up fundraising more than $1bn shy of its original target.
2 min read · 05 January 2013
Backed by Dubai International Capital and First Eastern Investment Group, the fund’s plans to close on $1bn by October have been dashed by investors’ lack of liquidity.
2 min read · 05 January 2013
The sale of the power company comes a week after Temasek said it had scrapped the auction, citing unfavourable market conditions. It has now sold all three of its power companies in 2008 for a sum of S$11.7bn.
2 min read · 05 January 2013
The private equity firm may back a dairy business that has been linked to a milk scandal in China. The scandal resulted in the deaths of four infants, and the illness of more than 50,000 people after dairy products were found to be contaminated.
1 min read · 05 January 2013
The firm’s new $2.9bn emerging markets fund allowed LPs to cherry-pick specific regions and countries, a savvy structure given changing investor sentiment, writes Amanda Janis.
2 min read · 05 January 2013
