Bermuda-based White Mountains Insurance Group has agreed to sell its subsidiary Sirius International Insurance Group to China Mingsheng Investment (CMI) for $2.2 billion.
Greater China | 28 Jul 2015 |
SAIF Partners India has invested INR300 million ($4.7 million) in KDDL, an Indian manufacturer of watch components.
South Asia | 28 Jul 2015 |
L Capital Asia has fully exited its remaining stake in Indian cinema chain operator PVR Cinemas for INR4.8 billion ($76 million).
South Asia | 27 Jul 2015 |
Mining and metals investor Greenstone Resources has committed up to A$20 million ($14.6 million) to Heron Resources, an Australia-listed company currently developing a zinc-copper project in New South Wales.
PIPEs | 24 Jul 2015 |
The South Korean government is once again trying to sell its controlling stake in Woori Bank, this time dividing the asset into multiple tranches so that there is no one dominant shareholder.
PIPEs | 23 Jul 2015 |
China Development Bank (CDB) has agreed to provide RMB1.5 billion ($242 million) to eHi Car Services, China’s second-largest automotive rental services provider, which is backed by several VC investors.
Greater China | 21 Jul 2015 |
Canada-based Fairfax Financial Holdings has offered to buy a 26% stake in Carlyle-backed financial services company IIFL Holdings Limited for INR16 billion ($255 million).
South Asia | 16 Jul 2015 |
PAG Asia Capital's absolute returns business has joined a consortium that plans to invest HK$3.87 billion ($500 million) in Hong Kong-based investment firm Kingston Financial.
Greater China | 29 Jun 2015 |
CHAMP Private Equity and Chilean conglomerate Sigdo Koppers have agreed to invest A$70 million ($54 million) in struggling Australian mining industry supplier Bradken. A merger of Bradken and Sigdo Koppers subsidiary Magotteaux Group is also under consideration.
Australasia | 26 Jun 2015 |
KKR has invested $70 million in Tarena International, a provider of professional education and training in China, forming a new partnership with a PE backer as existing investors trim their holdings.
North America | 23 Jun 2015 |
Apollo Global Management has exited a 4.4% stake in India-based direct-to-home (DTH) service provider Dish TV, selling about INR4.86 billion ($76.6 million) worth of shares via the open market.
Exits | 22 Jun 2015 |
First Reserve will subscribe to a portion of a S$169.5 million ($126 million) rights issue by its investee KrisEnergy. The capital is required to support the oil and gas exploration and production (E&P) company’s development.
PIPEs | 16 Jun 2015 |
Multiples Alternative Asset Management has agreed to invest INR3.5 billion ($54.6 million) in Indian cinema chain PVR Cinema, raising its stake in the company to 19.6%.
South Asia | 15 Jun 2015 |
Hony Capital and CITIC Goldstone will cover close to three quarters of a RMB9 billion ($1.45 billion) private placement by Shanghai-listed Bright Dairy, which will be used fund the acquisition of Israel-based Tnuva Food Industries from its parent, Bright...
Consumer | 09 Jun 2015 |
Silver Lake has invested $330 million in Qunar, a US-listed Chinese travel-booking platform controlled by Baidu, as part of a $500 million strategic investment. This comes after the company rejected a buyout offer from industry peer Ctrip.
Technology | 02 Jun 2015 |
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South Korea continues to solidify its position as a premier destination for Asian private equity and venture capital investments. In 2014, nearly US$11 billion was invested into South Korean companies with exits topping US$8 billion, the highest return figures in the last 10 years. It is easy to see why international and domestic GP's hold South Korea in high regard, being one of few Asian destinations where large leveraged buyouts are possible.
Venture capital is also gaining momentum as the Park Geun Hye-led government continues to advance on initiatives to promote innovation and foster SMEs. With capital inflows and creative input from local and international VCs, South Korea is living up to its reputation as a flourishing venture ecosystem as we witness the rise of angel consortia, accelerators, and local offices for established VC funds.
This intensive and highly focused event will provide front row seats into one of Asia's most vibrant private equity markets. Key players will share their views on private equity and venture capital in Korea, Asia and beyond.
15 September 2015, South Korea- Westin Chosun, Seoul