Private Equity
CVC Asia Pacific has opened a Singapore office, its fifth in the Asia Pacific region, and recruited Sigit Prasetya from Henderson Equity Partners to run it. The firm wants to step up its activity in Southeast Asia.
1 min read · 03 January 2013
Adconion Media, a German online advertising network, has received a commitment from Wellington Partners, a pan-European venture capital firm, of an undisclosed amount.
1 min read · 03 January 2013
The shareholders of Singaporean engineering company MMI have accepted a take-private bid from Kohlberg Kravis Roberts. The S$1.65 per share offer values the company at about $660 million.
1 min read · 03 January 2013
Credit Suisse has boosted its private equity presence in Asia by hiring a team of six from hedge fund group Ritchie Capital, including new head Harjit Bhatia.
2 min read · 03 January 2013
CCMP Capital Asia is reportedly set to start fundraising for its CCMP Asia Opportunity Fund III, just two years after closing its predecessor.
1 min read · 03 January 2013
India continues to be an increasingly attractive prospect for venture capitalists. The first quarter saw an increase in investment, while the number of successful exits offers further cause for optimism.
3 min read · 03 January 2013
CITIC Capital Partners has raised $425 million for its first China-focused private equity fund, smashing its $350 million hard cap. Investors are banking on CITIC to access control deals in Chinese state-owned enterprises.
2 min read · 03 January 2013
SAIF Partners, a private equity firm focused on Greater China, has raised $1.1 billion for its second fund as an independent entity. The fund will also invest in Korea and India.
2 min read · 03 January 2013
Kohlberg Kravis Roberts co-founders Henry Kravis and George Roberts have argued that Japan is set to change its attitude to private equity over time, as investors demand better returns.
2 min read · 03 January 2013
AlpInvest’s Ernest Lambers will be the chief investment officer of EMAlternatives, a trans-Atlantic advisory group specialising in emerging markets private equity.
2 min read · 03 January 2013