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 |
India's Motilal Oswal Private Equity is set to make a partial exit from Hyderabad-based power infrastructure service provider Power Mech Projects, which filed for an IPO this week.
South Asia | 03 Nov 2014 |
LPs are seeking to boost their exposure to Asian infrastructure through direct investment, either independently or alongside GPs. In a highly varied regional market, there is no one-size-fits-all approach
South Asia | 29 Oct 2014 |
LPs were clear in what they wanted from IDFC Alternatives. Alongside commitments to the Indian GP's latest infrastructure fund there was a strong desire for co-investment. As a result, the $900 million corpus of the recently closed India Infrastructure...
South Asia | 22 Oct 2014 |
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The outlook for the Australasian market is positive as a record number of IPO exits have provided strong returns for investors and has proven that PE can outperform listed equities and compete with global divestment figures. Fundraising in terms of dollar value has been high but the number of PE funds successfully raising new commitments has declined as investors flock to the best in class.
This is an intriguing time for Australasian PE as the industry continues to mature. GPs must evolve, diversify and display skills to drive value in a low-growth environment and justify future commitments when competing on a global state by achieving world-class results from current deals and exits.
4-6 March 2015, The Westin, Sydney
The AVCJ Indonesia Forum is back for a fourth year! Mark your calendars now and join us on March 24th, 2015 in Jakarta at Indonesia's longest running, largest and most prestigious industry gathering.
The market is relatively optimistic as a new government that is viewed favourable to a balanced investment arena is introduced and we see an increase in deal activity. The hopes for a flourishing PE market amid the euphoria of 2012 has not yet been realised but the potential is still present and now may well be the time for the country to take off in its own right and increase its reputation as THE hot market in Southeast Asia.
24 March 2015, Grand Hyatt, Jakarta