Private Equity
The mega-firm, which has already slashed the size of its $19.8bn buyout fund and its $6bn financial-services fund, will give investors in TPG Asia V the option to cut commitments by up to 10%.
2 min read · 05 January 2013
The hybrid alternative investment firm has established its first office in the Asia Pacific with an investment team of six.
2 min read · 05 January 2013
The private equity firms are reportedly in talks with Daito Trust Construction to buy the apartment builder. Daito said it was considering its “capital” position but refused to speculate on the issue.
2 min read · 05 January 2013
To be released on 23 April, the PEI 300 will expand on a popular top 50 list ranking the largest 300 private equity firms in the world. Bain Capital, Bridgepoint and Clayton Dubilier & Rice are among 10 firms to have advanced in the rankings for two consecutive years.
1 min read · 05 January 2013
The $11.5bn New Mexico State Investment Council has temporarily suspended Aldus as it reviews its advisory work and is investigating whether any of its other consultants or GPs have links with third-party marketing firms. SIC has already discovered that Carlyle and Quadrangle used a company affiliated with the New York Common scandal to secure money from the state oil and gas endowment.
4 min read · 05 January 2013
The mid-market firm will close its Mumbai office and make redundant its three-person Indian investment team, including former Temasek executive Dinesh Vaswani.
2 min read · 05 January 2013
China's real estate sector has expanded in terms of investment deals, with $25bn of property transactions in the first half of the year. However it has been mainly driven by domestic investors. Deals by foreign firms declined by more than two-thirds over the past year.
2 min read · 05 January 2013
The UK mid-market investor has sold Transmission & Distribution Group 15 months after backing the company's management buyout. The deal represents an IRR in excess of 40%.
1 min read · 05 January 2013
3i and Oman Investment Fund are among investors that have reportedly invested INR2.6bn in Neo Sports Broadcast, which holds TV rights to all domestic and international cricket played in India till March 2010.
2 min read · 05 January 2013
The European private equity firm has bought the British bank's exchange traded fund business after two weeks of exclusive talks. Barclays provided over 70% in debt for the deal and is entitled to a 20% stake of the equity upon exit.
2 min read · 05 January 2013
