Private equity firms have been asked to disclose to US regulators information on how they value assets, as well as on areas including fundraising and fund formation, as part of an informal inquiry into the industry. The Securities and Exchange Commission (SEC) made its request last year, giving PE firms until the end of December to hand over the relevant documents.
The SEC has paid closer attention to private equity since the global financial crisis and news of this inquiry suggests it is scaling up efforts to police the asset class. The regulator now has an inventory...
Expedia has paid $350 million for an unspecified minority stake in Traveloka, an Indonesian online travel services company backed by a number of venture capital firms.
The Willis Towers Watson global alternatives survey offers view surprises in terms of where investors are putting their capital, but there are some interesting developments in which investors are providing it
Advent International has invested an undisclosed amount in Indian innerwear maker Dixcy Textiles.
PAG Asia Capital is raising a $500 million China growth fund, which will enable the firm to target middle-market deals that fall below the minimum check size for its pan-Asian vehicle.