East Asia

CVC in $750m Taiwanese window deal(2)

CVC Asia Pacific added a $200 million mainland blind manufacturing business to its basket before closing the $750 million deal for shutter manufacturer Nien Made.

Istithmar rebrands

The Dubai investment firm has become Istithmar World following a year in which the firm has made headlines, like its MENA peers, through its forays into the US and Europe.

Bear, CITIC to buy $1bn stake in each other(3)

Bear Stearns and Chinese investment firm CITIC will each acquire a 6 percent stake in one another, as well as pool resources and jointly develop private equity and venture capital products for the Asian market.

Jordan raises $3.6bn for second fund

The middle market vehicle easily passed its $2.5 billion target, and more than triples Jordan’s capital under management.

KPS in $400m metals deal(4)

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.

Longreach pursues buyout of Japan-listed Cybird(2)

The Longreach Group is launching a ¥17.4 billion ($152 million) bid for Cybird Holdings in a move that would lead to the delisting of the Japanese mobile content provider from Jasdaq.

Blackstone hires former H&Q pro(4)

Former H&Q Asia Pacific managing director Andrew Kuo has joined The Blackstone Group’s growing Hong Kong staff as a managing director for greater China.

Permira turns sights on gaming growth in China(3)

The global buyout group, whose name means "surprisingly different", has made its first investment in China taking a non-control stake in Galaxy, a casino operator, to fund an ambitious programme of property development and expansion.

The emerging trend is your friend(4)

As established private equity markets slow in the wake of the credit crunch, global firms are looking further afield and local emerging market managers know this is no flash in the pan, Nicholas Lockley writes.

Tano and Darby join to establish new China fund(3)

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.