Bain Capital Partners is set to acquire Japan Wind Development (JWD) - a leading Japanese wind farm developer - in a JPY9.7 billion ($80 million) take-private transaction.
North Asia | 23 Mar 2015 |
Australian fund manager IFM Investors has agreed to pay $5.7 billion for a 66-year concession on a US toll road that crosses northern Indiana. It filed for bankruptcy last year due to heavy debts and low traffic volumes.
Infrastructure | 12 Mar 2015 |
China has launched its first private equity fund that aims to improve the ecological environment in neighboring countries and regions.
Greater China | 10 Mar 2015 |
Emerging markets-focused UK GP Actis is investing $230 million to create an Indian renewable energy platform - Ostro Energy.
Infrastructure | 12 Feb 2015 |
Sydney's cross city tunnel entered voluntary administration in September 2013 after failing to refinance its debt. The project launched eight years earlier but slipped into insolvency in 2006 due to low traffic volumes.
Australasia | 11 Feb 2015
Asia-focused energy and infrastructure GP Equis Funds Group has closed its second fund at $1 billion and also raised $300 million for a follow-on vehicle to Fund I and $400 million for two existing platform investments.
Fundraising | 10 Feb 2015 |
Canada Pension Plan Investment Board (CPPIB) and Queensland Investment Corporation (QIC) are part of a consortium alongside toll road operator Transurban Group that is backing Sydney’s A$2.9 billion ($2.3 billion) NorthConnex tunnel project.
Infrastructure | 05 Feb 2015 |
Uttar Pradesh, the most populous state in India, is served by just two rail freight container terminals. They are located in the northern industrial hotbed of Kanpur, with one operated by Pristine Logistics & InfraProjects and the other by Concor.
Expansion | 04 Feb 2015 |
CDC Group, the UK development finance institution (DFI), has committed $25 million to Indian railway freight handler Pristine Logistics.
Infrastructure | 30 Jan 2015 |
Japanese GP Integral Corp. has agreed to refinance ailing domestic airline Skymark which filed for bankruptcy protection this week.
North Asia | 29 Jan 2015 |
3i Infrastructure, Morgan Stanley Infrastructure Partners and Star Capital Partners have agreed to sell Eversholt Rail Group, one of the UK’s three major rolling stock operators, to a consortium led by Hong Kong-based Cheung Kong Infrastructure (CKI)...
Exits | 21 Jan 2015 |
IDFC and the Russia Direct Investment Fund (RDIF) will together invest $1 billion in infrastructure and related industries with a view to accelerating economic cooperation between Russia and India.
Infrastructure | 12 Dec 2014 |
I Squared Capital, a PE firm set up by former executives of Morgan Stanley’s infrastructure investment unit, has agreed to buy a toll road in northwestern India from Malaysia-based IJM Corp.
Infrastructure | 09 Dec 2014 |
Sadbhav Infrastructure Project (SIP), an Indian road and highways project developer, is looking to raise at least INR6 billion ($97 million) through an IPO, providing a partial exit for PE backers Xander and Norwest Venture Partners.
South Asia | 08 Dec 2014 |
CVC Capital Partners has acquired a 50% stake in enterprise-focused Japanese telecommunications carrier Arteria Networks - a unit of Japanese conglomerate Marubeni - for $150 million.
North Asia | 28 Nov 2014 |
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In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
245-26 June 2015, Conrad Hotel, Tokyo