TPG Capital is reportedly raising the largest Asia-focused fund since the onset of the global economic crisis, targeting $4-5 billion.
The vehicle is scheduled to be launched mid-October, sources close to the fund told Reuters, and comes as its TPG Capital Partners V fund - the $4 billion regional vehicle through which TPG currently invests...
Everstone Capital has invested $8 million in Indian customer experience management (CEM) solutions provider Servion Global Solutions, raising its total stake in the company to $74 million.
Malaysian telecommunications conglomerate Axiata has led a $23 million investment in early-stage Australian advertising technology company Unlockd.
Global and regional private equity firms are increasingly turning their attentions to Vietnam, reassured by the country’s relative economic stability and impressed by the rising number of investable companies.
Navis Capital has agreed to sell its controlling stake in Australia’s Retail Apparel Group (RAG) to The Foschini Group of South Africa in a deal worth A$302.5 million ($225 million).