East Asia

Carlyle assembles Asia leveraged finance team

The Carlyle Group has made three senior hires into its recently-formed Asia leveraged finance team. The division, which is based in Hong Kong, is headed by Eric Mason who joined the buyout group in May from JP Morgan.

China-Singapore investment fund underway(2)

China is reportedly close to approving the launch of a Singapore-China private equity fund that aims at boosting investments at Suzhou Industrial Park.

China approves Goldman deal(3)

China’s Ministry of Commerce has given its approval for Goldman Sachs to acquire a 10 percent stake in Fuyao Group Glass Industries, an automotive glass maker.

China-Singapore investment fund underway

China is reportedly close to approving the launch of a Singapore-China private equity fund that aims at boosting investments at Suzhou Industrial Park.

Adveq opens Beijing office, closing $200m fund

Adveq, the Swiss fund of funds, has opened its first Asian office at the same time as closing its debut fund for the region.

Asian fundraising set for record-breaking year(2)

Asia’s private equity report card for the first half of this year is out: fundraising has surpassed last year’s record levels but transaction value has fallen compared to the first six months of 2006.

Origo Sino-India increases holding in Fomento(2)

Listed emerging markets manager Origo Sino-India is backing an Indian iron ore producer with a $10 million investment that will trigger Origo’s own return to market for funding.

Blackstone’s second quarter earnings triple(2)

The US merchant banking group has tripled profits reporting “strong results” in its private equity, real estate, financial advisory and fund management businesses, despite watching its unit price fall 20 percent since the IPO.

Godiva may hit auction block(3)

Campbell’s will explore strategic options for its Godiva Chocolatier business, as the company refocuses on its core products and expands its soups into Russia and China.

Origo Sino-India increases holding in Fomento

Listed emerging markets manager Origo Sino-India is backing an Indian iron ore producer with a $10 million investment that will trigger Origo’s own return to market for funding.