Provident Capital has joined a consortium of investors in a bid to acquire Finders Resources that values the Indonesian mining project developer at about A$177.7 million ($138 million).
The consortium is willing to pay A$0.23 per share for the Australia-listed company. The stock has traded in a range of A$0.21-0.25 for the past month and was steady at A$0.25 as of mid-morning on October...
Team turnover remains a key concern for LPs making commitments to Chinese private equity firms, but even the most stable of GPs must demonstrate an ability to evolve in response to a fast-changing environment, investors caution.
Redpoint China Ventures has closed its debut renminbi-denominated VC fund at RMB700 million ($110 million).
India’s National Investment & Infrastructure Fund has acquired a controlling stake in PE-backed logistics player Continental Warehousing Corporation (CWCNSL) in a joint deal with Dubai-based port operator DP World.
HarbourVest Partners has closed its latest fund-of-funds targeting European and Asian markets with $1.7 billion in commitments.