East Asia

Credit Suisse adds to Asia sponsor coverage group(3)

Credit Suisse has hired Ben Ngai from Citi to focus on sponsor coverage in China.

Actis targets $2.5bn for global emerging markets funds(2)

Actis is switching tack with the launch of a global fund, aiming for a $1.25 billion global umbrella vehicle alongside four regional side-funds, the largest pool of capital in its history.

KKR’s Chinese cement deal is third for $4bn Asia fund(4)

Kohlberg Kravis Roberts has invested $115 million in its first private equity transaction in China. It is the third for a $4 billion fund KKR has raised, its first Asia-dedicated investment vehicle.

Blackstone, Fortress stocks hit new lows

Bleak economic data has sent US stock markets tumbling – taking Blackstone and Fortress along with – one day before markets close for the Thanksgiving holiday.

Carlyle hires global regulatory affairs head(2)

Carlyle has hired international trade and policy expert David Marchick to provide in-house government affairs, regulatory and strategic advice to its fund managers.

Apax looks to China for management company investment(2)

The head of European buyout firm Apax Partners, Martin Halusa, has visited China in an attempt to secure backing from the government’s sovereign wealth fund.

Report: China approves new PE funds(4)

China has reportedly approved four new private equity funds dedicated to high priority sectors, less than a year after launching its first private equity fund.

Aureos holds first close on $140m for Latin America

The new fund is just one of several regionally focussed vehicles Aureos Capital is in the midst of raising.

GEM, CITIC target $1bn for natural resources fund(3)

The Global Emerging Markets Group and the Chinese government's investment arm are together raising a $1 billion fund to target mineral energy sources in the developing world.

Blackstone makes first investment in China(4)

The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.