East Asia

Navis closes Asia fund on more than $1bn

Navis Capital Partners, the Asia-focussed buyout firm, has closed a fund more than triple the size of its previous fund, as the continent’s buyout firms prosper.

Citi makes two Turkish venture investments(2)

The venture capital business of Citi Alternative Investments has bought stakes in two Turkey-quoted retail companies as it seeks to increase its exposure to the region.

Cerberus taps Nardelli to head Chrysler(2)

Former Home Depot head Bob Nardelli will lead Cerberus’ turnaround of US automaker Chrysler.

CLSA Capital backs Taiwanese PCB maker(3)

CLSA Capital Partners has invested $20 million in Unitech Printed Circuit Board Corporation, a listed company, marking its first foray into Taiwan.

CLSA Capital backs Taiwanese PCB maker(2)

CLSA Capital Partners has invested $20 million in Unitech Printed Circuit Board Corporation, a listed company, marking its first foray into Taiwan.

Citi makes two Turkish venture investments

The venture capital business of Citi Alternative Investments has bought stakes in two Turkey-quoted retail companies as it seeks to increase its exposure to the region.

ChrysCapital sets record with $1.25bn fund

India’s ChrysCapital has raised $1.25 billion for its fifth fund, surpassing the independent private equity manager’s $1 billion target. The latest fund holds the record of being the largest India-focused fund.

Goldman veteran goes full-time with Balderton

Tim Bunting, the former Goldman Sachs banker, has taken on a full-time role with venture firm Balderton, after working with it in its previous incarnation as Benchmark Capital Europe.

CVC Asia Pacific appoints ex-Citigroup banker senior advisor(2)

CVC Asia Pacific has appointed ex- Citigroup investment banking chairman Francis Leung as senior advisor. The appointment comes after three senior executives left the Asian buyout arm last year.

Temasek loses China dealmaker to private equity fund

Temasek, the Singapore sovereign fund, has lost three senior investment executives in a week. Jimmy Phoon, the chief investment officer of the investment firm in Singapore, is leaving. Hong Kong’s Frank Tang, Temasek China dealmaker, has also resigned with his colleague Terry Hu.