The carlyle Group's purchase of a 55% stake in Emerging Sovereign Group (ESG) is its second acquisition in the asset management space within seven months and a clear indication of how the private equity wants to develop its business.
ESG has assets under management of $1.6 billion and focuses on emerging markets. It joins Claren Road Asset Management, a $4.5 billion credit hedge fund, and AlpInvest Partners, one of Europe’s largest...
MBK Partners has submitted a JPY31.5 billion ($286 million) buyout offer for Japanese jewelry retailer Tasaki & Co – a Tokyo-listed company it previously backed in 2008 and exited seven years later.
Jafco, YJ Capital, and Gumi Ventures have taken part in a JPY3.7 billion ($33 million) funding round for Japanese online food media start-up Dely.
Singapore-based private equity firm Gateway Partners has agreed to invest S$70 million ($50.2 million) in distressed local hospital operator Healthway Medical.
Boyu Capital has bought a 25% stake in Vanke Property Development, a wholly-owned property services unit of China Vanke, the second-largest real estate developer in the country, for RMB166 million ($24 million).