Ilfryn Carstairs, co-CIO of Värde Partners, discusses distress and structured credit opportunities globally and in Asia
George Hicks, CEO and CIO of global credit investor Värde, on looking beyond big default cycles, taking advantage of bank retrenchment opportunities, and the importance of building strong local teams
ShoreVest Capital Partners is bidding on its first Chinese non-performing loan (NPL) portfolios since the core team members departed Shoreline Capital.
Xiaolin Zhang, co-founder and managing partner at China-focused distress specialist Shoreline Capital, discusses the NPL opportunity and what private equity firms must do to address it
STIC Investments has raised $530 million for a special situations fund that will target restructuring opportunities involving South Korean conglomerates.
DCL Investments, a spin-out from China-focused distressed debt and special situations investor Shoreline Capital, has closed its debut fund with more than RMB3.7 billion ($500 million) in commitments.
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest up to $700 million in Edelweiss Group for investments in private debt in India.
Allegro Funds plans new store expansion for Pizza Hut Australia, but first the GP and its management team partners will make operational improvements to the existing business
Allegro Funds has acquired Pizza Hut Australia from US owner Yum Brands alongside a local management team comprising former McDonald’s executives.
Indian conglomerate Piramal Enterprises has partnered with Bain Capital Credit to invest in distressed assets and restructuring situations in India.
Apollo Global Management and ICICI Bank have agreed to launch a joint venture for investments in distressed assets in India.
Canada’s Brookfield Asset Management has signed a preliminary agreement with the State Bank of India (SBI) to invest about INR70 billion ($1 billion) in stressed assets in India.
Henry Kravis, co-founder of KKR, emphasized the importance of Asia’s rising middle class and the diversification of his firm’s investment approach as continued volatility globally is likely to deliver both uncertainty and opportunity.
Farallon Capital Management has closed its third special situations fund focused on Asia and Latin America at $1.1 billion.
Hamilton Lane has raised $210 million for a credit-focused strategic opportunities fund, exceeding the initial target of $150 million.
The International Finance Corporation (IFC), the investment arm of the World Bank, has teamed up with Hong Kong-based ADM Capital to launch a lending platform to support small and medium-sized enterprises (SMEs) in Asia.
The International Finance Corporation (IFC), the investment arm of the World Bank, has formed a $1 billion partnership with Apollo Global Management to invest in distressed assets in emerging markets.
India’s distressed asset sector is seeing a surge in investor interest as regulators indicate support for a tougher approach by creditors. PE investors looking to enter this space must develop sustainable strategies
Special situations investor SSG Capital Management Group will pay up to INR5.8 billion ($87 million) for a 40% stake in Future Supply Chain (FSC), a supply chain and logistics subsidiary of India's Future Retail.
Bain Capital has rebranded its credit investment and public equities divisions – Sankaty Advisors and Brookside Capital – under the Bain Capital name and announced changes to its senior leadership.
KKR has reached a final close of $3.3 billion for its second global KKR Special Situations Fund (KSSF), which will target investments in distressed or event-driven situations.
India's Foreign Investment Promotion Board (FIPB) has approved KKR's request to buy a stake in distressed asset manager International Asset Reconstruction Company (IARC).
TPG Capital is planning to invest up to $3 billion in India-based distressed assets over the next three years, according to Jim Coulter, the firm's co-founder and co-CEO.
Canada Pension Plan Investment Board (CPPIB) will partner with Kotak Mahindra Group to invest up to $525 million in distressed assets in India.