Northstar Pacific Partners is part of an investor group that has purchased a 35% stake in Hong Kong-based Hutchison Whampoa’s Indonesian telecom business. The transaction facilitates the exit of Thai conglomerate Charoen Pokphand.
The investor group is led by Garibaldi Thohir, who made his fortune from Adaro Energy, the coal mining company where he still serves as president director. Hutchison CP Telecommunications (HCPT) announced...
Lewis Rutherfurd of Inter-Asia Venture Management, Brooks Zug of HarbourVest Partners, Dan Carroll of Brooklands Capital Strategies, and Piau-Voon Wang on how private equity got started in Asia
Indian mid-market private equity firm Paragon Partners has closed its debut fund at $120 million.
Tencent Holdings has led a $40 million Series C round of funding for Shenzhen-based Ubtech Robotics, a humanoid robot maker backed by CDH Investments and Goldstone Investment.
Emerald Media, an Asian investment platform created by KKR, has led a $65 million Series B funding round for Thailand-based online retailing services company aCommerce.