The UK government is on course to recoup more than $100 million by exiting its stake in Actis. The private equity firm’s management will buy the government’s 40% holding for GBP8 million ($13 million) in cash and also hand over a portion of the carried interest from three funds. It is estimated this could generate at least $100 million over several years.
Andrew Mitchell, the international development secretary, said the agreement represented a much better deal for British taxpayers. "While Actis has generated significant profits, the previous shareholding...
With Japan's demographic crisis promising more labor shortages, CLSA Capital Partners hopes to ride a coming wave of growth in the staffing services industry
Several Korean private equity investors are poised to make a partial exit as Acushnet Holdings, owner of the Titleist and FootJoy golf brands, set a target of $463.9 million for its US IPO.
The Indian government has launched a INR600 million ($9 million) fund-of-funds to support domestic start-ups in rural and agriculture-focused industries.
Waterman Capital has invested in New Zealand-based food delivery platform My Food Bag (MFB).