East Asia

Pantheon and Nova pick up laboratory group for £75m(3)

Pantheon Ventures and secondary investor Nova have bought the scientific laboratory business of Barloworld as it looks to grow the business overseas.

Olympus invests $28m in Chinese cement(4)

Olympus Capital Holdings Asia has invested $28 million in a joint venture established with China-listed cement producer Sichuan Golden Summit.

CDC invests nearly $1bn in Actis infrastructure fund

The African remainder of CDC's energy company Globeleq will form the seed asset for emerging market firm Actis’ next $1.25 billion infrastructure fund. CDC also committed $750 million to the fund.

Carlyle commits $199m to education venture(2)

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.

KPS in $400m metals deal(3)

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.

Pantheon invests in Carlyle-backed Chinese flooring company(2)

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.

HSBC backs utility monitoring company

The UK investment comes five years after the global bank span out its UK division, now Montagu Private Equity, marking a return for HSBC to its home territory.

Permira turns sights on gaming growth in China(2)

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.

CVC Asia Pacific invests $225m in China-listed bottle maker(4)

CVC Asia Pacific has spent $225 million to acquire shares in a bottle maker in the largest private equity investment in tradable A-shares of a China-listed company.

GEM to buy 49 percent stake in Chinese coal mine(2)

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.