The Blackstone Group aims to raise up to $3 billion for its first energy fund, according to people familiar with the situation. Tony James, the private equity firm’s president, said in an earnings call that initial commitments stand at $1 billion.
Blackstone's vehicle would be larger than natural resources funds currently being planned by KKR and Apollo Global Management, worth $1 billion and $1.5 billion, respectively, Bloomberg reported. It would...
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund of the government of Abu Dhabi, has announced plans to open an office in Hong Kong.
Vincent Ip, a Hong Kong-based partner with Ropes & Gray’s private investment funds group, has been promoted to partner.
CDH Investments has made another partial exit from Chinese pork producer WH Group, selling an approximately 6.83% stake for HK$6.25 billion ($806 million).
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $100 million investment in Actis Capital's latest emerging markets energy fund.