Australian life sciences specialists Brandon Capital Partners and GBS Ventures will exit local drug developer Spinifex Pharmaceuticals after Novartis agreed to buy the business for $200...
Exits | 30 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 |
Partners Group has led a A$450 million ($347 million) investment in Australia's Ararat Wind Farm project, alongside General Electric (GE), Renewable Energy Systems (RES), and Canadian pension fund OPTrust.
Australasia | 26 Jun 2015 |
Australian turnaround specialist Allegro Funds has closed its second vehicle at A$180 million ($139 million) and expects to see plenty of deal flow from domestic banks seeking alternative solutions to pushing distressed companies into insolvency.
Fundraising | 25 Jun 2015 |
Australia-based alternatives investor Blue Sky has reached a first close of A$15 million ($11.5 million) on its second venture capital fund. The vehicle has a full target of A$30 million.
Fundraising | 23 Jun 2015 |
Crescent Capital Partners has agreed to acquire the Australian pathology operations of Healthscope for A$105 million ($80.8 million).
Buyouts | 23 Jun 2015 |
Anacacia Capital has acquired a majority stake in Australian lighting business LEDified Lighting Corporation for an undisclosed sum.
Australasia | 19 Jun 2015 |
Singapore-based GP Tembusu Partners has committed $10 million to New Zealand’s CricHQ, a cricket-focused digital platform used by the sport’s administrative bodies as well as by clubs and fans.
Media | 17 Jun 2015 |
Archer Capital has agreed to buy Dun & Bradstreet’s (D&B) Australia and New Zealand-based credit data business for A$220 million ($170 million).
Buyouts | 12 Jun 2015 |
MLC Private Equity, which is part of National Australia Bank's wealth management division, will open an office in New York to cover investment opportunities in North America and Latin America.
People | 11 Jun 2015 |
Hugh Morgan, the former chief executive of Australia's Western Mining Corporation, is looking to launch a new resources-focused fund.
Industrials | 08 Jun 2015 |
Quadrant Private Equity's last foray into pet services was relatively short-lived. It bought City Farmers for A$93 million ($84 million) in September 2013 and within 10 months had agreed to sell the business to Greencross for A$205 million in cash and...
Consumer | 03 Jun 2015 |
Wanda Cinema Line Corp, a subsidiary of Chinese property developer Dalian Wanda Group, has confirmed the acquisition of Australian cinema operator Hoyts Group from Pacific Equity Partners (PEP).
Media | 03 Jun 2015 |
Quadrant Private Equity has agreed to acquire Australia-based VIP Petfoods, the world’s largest producer of fresh chilled pet food, for A$410 million ($313 million).
Buyouts | 01 Jun 2015 |
Survey Sampling International (SSI), a US-based market research company backed by Palo-Alto PE firm HGGC, will acquire online research panels MyOpinions, of Australia, and SmileCity Limited, of New Zealand.
Australasia | 28 May 2015 |
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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.
25-26 June 2015, Conrad Hotel, Tokyo