Apollo Global Management has agreed to buy half of Leighton Holdings’ maintenance services business, generating cash proceeds of around A$700 million ($573 million) for the Australian...
Australasia | 19 Dec 2014 |
The Australian operation of Jones the Grocer, a gourmet food retailer majority-owned by L Capital Asia, has gone into administration but is expected to stay open while undergoing a restructuring.
Restructuring | 17 Dec 2014 |
National Australia Bank (NAB) is selling another GBP1.2 billion ($1.9 billion) parcel of distressed UK real estate loans to New York private equity firm Cerberus Capital Management.
Australasia | 16 Dec 2014 |
Australian mining industry supplier Bradken has agreed to open its books to Pacific Equity Partners (PEP) and Bain Capital following the private equity firms’ offer to buy the company.
Australasia | 12 Dec 2014 |
Quadrant Private Equity raised its sixth fund in record time, resisting pressure from LPs to enlarge the corpus. The Australian GP remains resolutely middle market
Australasia | 10 Dec 2014
Tough climatic challenges are in store for South Australia, already the nation's driest state. Agriculture, which is worth more than $5 billion each year to the state, will increasingly be affected by rising temperatures and reduced rainfall.
Australasia | 10 Dec 2014 |
The New Zealand Superannuation Fund has provided $60 million growth capital for low-carbon fuels producer LanzaTech.
Australasia | 09 Dec 2014 |
Crescent Capital Partners has reached a final close on its fifth Australia and New Zealand-focused fund at the hard cap of A$675 million ($565 million) after only 10 weeks in the market.
Fundraising | 05 Dec 2014 |
Estia Health, an Australian aged care provider backed by Quadrant Private Equity, saw its stock open at a 13% discount to the IPO price on the first day of trading in Sydney.
Exits | 05 Dec 2014 |
Pacific Equity Partners (PEP) and Bain Capital have made an offer for mining industry supplier Bradken that values the Australia-listed company at approximately A$872 million ($731 million).
Industrials | 05 Dec 2014 |
KKR has committed at least $100 million to Sundrop Farms Holdings, an Australian agribusiness company that has developed technology for growing crops in arid climates.
Industrials | 04 Dec 2014 |
L Capital Asia, a private equity firm sponsored by French luxury goods conglomerate LVMH, has acquired a controlling stake in Australian swimwear brand Seafolly.
Buyouts | 03 Dec 2014 |
Australian outdoor advertising company oOh! Media, which is owned by CHAMP Private Equity, plans to raise A$166 million ($141 million) through an IPO.
Exits | 01 Dec 2014 |
Australian vacuum and cleaning products retailer Godfreys Group, which was acquired by Unitas Capital and Pacific Equity Partners (PEP) and then taken over by creditors after running into trouble, is preparing to go public following a turnaround.
Exits | 28 Nov 2014 |
The Blackstone Group has invested $150 million in Australian retirement village developer National Lifestyle Villages (NLV).
Real estate | 25 Nov 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