Babson Capital Management has reached a final close of $177.2 million on its latest Asia-focused mezzanine fund.
Fundraising | 11 May 2015 |
The rise of holdco PIK debt has created Australia-based financing structures in which senior lenders and mezzanine providers can coexist. They also offer GPs greater flexibility at what is, for now, an acceptable price
Financing | 06 May 2015 |
Mizuho Capital Partners has launched its third fund focused on small- to medium-sized enterprises (SMEs) with initial commitments of JPY20.6 billion ($170 million).
Mezzanine | 16 Mar 2015 |
IL&FS Investment Managers Limited (IIML), Franklin Templeton and Asia Mezzanine Capital Group (AMCG) have exited SFO Technologies, a leading Indian technology manufacturer.
South Asia | 16 Mar 2015 |
Darby Private Equity, the private equity arm of Franklin Templeton Investments, has exited its holding in Chinese furniture manufacturer Shayne International Holdings for an undisclosed sum.
Greater China | 22 Jan 2015 |
Japan's Nishi-Nippon City Bank (NCB) has set up a JPY5 billion ($42 million) fund in cooperation with Development Bank of Japan (DBJ) and Regional Economy Vitalization Corporation of Japan (REVIC).
North Asia | 08 Jan 2015 |
Mizuho Capital Partners is set to launch a new JPY30 billion ($277 million) mezzanine fund which will support Japanese small- to medium-sized enterprises (SMEs) in the form of subordinated loans and preferred shares.
Mezzanine | 24 Oct 2014 |
United Overseas Bank (UOB) has teamed up with Orix Corp. to launch a $200 million Southeast Asia mezzanine fund. Wee Yap Yeo, head of mezzanine capital at UOB, explains the strategy
Mezzanine | 17 Sep 2014
Darby Private Equity, a PE arm of Franklin Templeton Investments, has committed an undisclosed sum to Enzen Global Solutions, an Indian engineering consultancy.
Industrials | 24 Jul 2014 |
Whether disillusioned by the returns from conventional private equity or seeking to diversify their exposure, LPs are more open to Asia credit strategies. The returns are there, provided you pick the right strategy.
Mezzanine | 16 Jul 2014 |
The Overseas Private Investment Corporation (OPIC) has made commitments to Quadria Capital South and Southeast Asia-focused healthcare fund and CX Partners’ India mezzanine fund.
Fundraising | 16 Jun 2014 |
Franklin Templeton is looking to raise up to INR6 billion ($100 million) for its second India-focused private equity fund.
South Asia | 03 Apr 2014 |
Kendall Court has acquired Intrepid Mines’ interest in the Tujuh Bukit copper-gold project in Indonesia for $80 million, ending the Australia-listed resources company’s long-running ownership dispute over the asset.
Regulation | 25 Feb 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