Bain Capital is to become the controlling shareholder of ASIMCO Technologies Ltd., the Beijing-based manufacture of automotive components made famous by the book ‘Mr. China,’ for $150 million.
ASIMCO is the leading supplier of components to the diesel engine market in China The sellers are an investor consortium comprising 30 individual shareholders, including Key Capital Partners, the PE...
The Hong Kong and Southeast Asia business of Fitness First, which is controlled by Oaktree Capital Management, has agreed to merge with Celebrity Fitness, a Southeast Asia gym operator owned by Navis Capital Partners.
Australian regulators want greater consistency in how superannuation funds report costs and fees to members. While sound in principle, the draft measure is problematic in practice, especially for private equity
CreditEase Insurance Agency, an insurance unit of China’s CreditEase Wealth Management, has raised RMB80 million ($12 million) from investors including IDG Capital through a private placement on the National Equities Exchange and Quotations (NEEQ).
AirTree Ventures has led a A$25 million ($19.2 million) investment in Australian financial technology company Prospa.