Ashish Shastry, managing partner at Indonesia-focused Northstar Group, has agreed to join KKR. He will start work later in the year as head of Southeast Asia, succeeding Ming Lu, who was promoted to co-head of Asia private equity in 2015, according to...
KKR will target between $6 billion and $7 billion for its third pan-regional fund, taking a relatively small step up from the previous vehicle, which closed at $6 billion in mid-2013.
Navis Capital Partners has paid MYR61.8 million ($15.3 million) to Malaysian government-backed PE firm Ekuinas for a 20% stake in local cosmetics brand Alliance Cosmetics Group.
New Zealand private equity firm Oriens Capital has received commitments for its debut fund in excess of the vehicle’s first-close target of NZ$30 million ($21.8 million).
Australian GP Quadrant Private Equity has closed its eighth fund - and fifth as a fully independent entity - at A$980 million ($754 million). As with the previous fundraise in early 2014, the process was completed in approximately one month.
Oak Hill Capital Partners has reportedly exited its stake in the India branch of business process outsourcing (BPO) company Vertex Data Science to domestic mobile communications company Altruist.
By acquiring Simba, Creador has entrenched itself in a small but fast-growing Indonesian cereal story. Now it will take logistical and marketing expertise to realize the potential of the local consumer market
Permira has achieved a first close for its sixth global buyout fund, with about EUR6.3 billion ($6.9 billion) in commitments.
Polaris Capital has agreed to acquire 100% of Japanese precut timber and building materials company Hivic for an undisclosed sum from domestic construction group Lixil.
Asia continues to offer buyout opportunities, but funds looking to take advantage of them must define their benefits to company leaders, industry leaders told the AVCJ Singapore Forum.
Southeast Asia is expected to maintain a strong level of private equity investment opportunities thanks to continued regional volatility, leading industry players told the AVCJ Singapore Forum.
New Silk Route (NSR) has exited its remaining stake in Indian logistics firm VRL Logistics.
Bain Capital Private Equity and Goldman Sachs have agreed to acquire a majority position in Carver Korea, a specialist cosmetics supplier.
Canada’s Brookfield Asset Management has achieved a final close of $14 billion for a global infrastructure fund, exceeding the vehicle’s original target corpus of $10 billion.
Kyle Shaw, managing director of Shaw Kwei & Partners, discusses the value to be found in taking traditional yet complex industrial businesses and switching them to a high-end track.
Japanese GP J-Star has promoted Yuki Kashiyama, an investment professional in the operating team, and Tomoko Ando, who works in the administration team, to partners.
CLSA Capital Partners, the alternative asset management arm of Hong Kong-headquartered brokerage and investment group CLSA, has fully exited its stake in Japanese used car auction operator Mirive.
Gopher Asset Management, the PE arm of Noah Holdings, has teamed up with Chinese movies-to-gaming company Perfect World to launch a media and culture M&A fund that has a target of RMB2 billion ($300 million).
New Horizon Capital has turned around ceramics maker Tachikichi by emphasizing its unique connections to Japanese culture. Now the GP hopes that strategy can take the company beyond its old restraints
The Carlyle Group has hired Jesse Wu, the former chairman of Johnson & Johnson China, as a senior advisor to the firm’s Asia buyout team.
KKR has agreed to buy Korean luxury grocery chain Kim's Club from its owner, Korean retail conglomerate E-Land Group.
The Carlyle Group has promoted David Bluff to managing director and head of its buyout team in Australia and New Zealand. He was previously a director with the firm.
Gregory Hara, CEO and managing partner of J-Star, discusses the global opportunities available for smaller Japanese manufacturers and the importance of setting clear goals for portfolio companies
Chinese GP Chenhui Venture Partners have teamed up with one of its LP – Shenzhen-listed company Lancy Group – to create a Sino-South Korea PE fund that will invest in consumer and technology companies.