Financials
Mandarin Capital-backed Chinese credit rating JV to operate in Europe
Dagong Europe Credit Rating, a joint venture between Beijing-based Dagong Global Credit Rating and Mandarin Capital Partners, has won approval from the European Securities and Markets Authority...
Greater China |
10 Jun 2013 | 
DBS buys more time for Bank Danamon control deal
DBS Group has extended the deadline for it to secure majority control of Indonesia’s Bank Danamon by two months to August 1. The bank wants to acquire the 67.4% stake in Danamon owned by Temasek Holdings – also DBS’ controlling shareholder – with...
Financials |
04 Jun 2013 |
Cerberus raises Seibu stake, falls short of target
Cerberus Capital Management has raised its stake in Japan's Seibu Holdings to 35.48%, giving it enough control to block resolutions by management. However, the New York-headquartered firm fell short of its goal of buying 44.7% of the Japanese rail and...
North Asia |
03 Jun 2013 |
IFC ups stake in Mongolia's TenGer Financial Group
International Finance Corporation (IFC), the investment arm of the World Bank, has increased its stake in Mongolia's TenGer Financial Group (TFG) to 19% for an undisclosed amount.
Central Asia |
30 May 2013 |
Goldman exits ICBC as banks face squeeze
Goldman Sachs has toppled The Carlyle Group at the top of China’s exit rankings, with $9.85 billion in proceeds generated from its investment in Industrial and Commercial Bank of China (ICBC) against an initial commitment of $2.58 billion.
Exits |
29 May 2013 |
Indonesia financial services: Too hot to handle
For all the foreign strategic interest in Indonesia’s financial services sector, most deals are thwarted due to a huge gap in price expectations. PE investors are steering clear of the mainstream and looking for niche value
Southeast Asia |
29 May 2013 |
China’s Kaida VC invests in VTL Associates
China’s Suzhou Industrial Park Kaida Venture Capital has invested in VTL Associates, a Philadelphia-based financial consulting firm that develops equity and fixed income indexes.
Greater China |
27 May 2013 |
Orix invests $24m in Mongolian financial services group
Japanese financial services group Orix Corp. has agreed to buy a 16% stake in Mongolia financial group TenGer Financial Group (TFG) for approximately $24 million
Central Asia |
27 May 2013 |
MBK, PE-backed insurers bid for ING’s Korean unit
MBK Partners, Tongyang Life Insurance and Kyobo Life Insurance have made separate bids for a controlling stake in ING Groep’s South Korean insurance business. The stake was valued at approximately $2.1 billion last year, when KB Financial Group was...
North Asia |
27 May 2013 |
DBS wins approval to buy Indonesia bank stake from Temasek
DBS Group Holdings has won approval to buy a 40% stake in Indonesian mid-sized lender Bank Danamon for $2.75 billion from Singapore state investor Temasek. It will be the biggest acquisition in the country's history.
Southeast Asia |
22 May 2013 |
Financial services in China: Carving a niche
With investment opportunities in China's traditional banking and insurance industries limited, private equity firms are looking to niche financial services. What have they found in the shadows?
Technology |
22 May 2013 |
Goldman completes exit from ICBC
Goldman Sachs has sold its remaining stake in Industrial & Commercial Bank of China (ICBC), the nation's largest lender, for around $1.1 billion - seven years after its first investment.
Buyout |
21 May 2013 |
Japan’s Indonesian ambitions
Sumitomo Mitsui Banking Corp. (SMBC) is paying a princely sum for a slice of Indonesia's financial services sector. The price-to-book (P/B) valuation of the $1.56 billion it has agreed to pay for a 40% stake in Bank Tabungan Pensiunan Nasional (BTPN)...
North Asia | 15 May 2013
Structured solutions: GPs consider equity alternatives
Mainstream GPs in Asia are becoming more open to investments based on debt rather than equity, addressing entrepreneurs' reluctance to give up stakes in their businesses. How significant is the opportunity?
Financials |
15 May 2013 |
Bain-owned MYOB completes BankLink bolt-on
Bain Capital-owned accounting software firm MYOB has agreed to buy BankLink, an accounting services provider, from New Zealand-based Media Transfer Services. The private equity firm will contribute NZ$61 million ($50.6 million) in equity funding to support...
Buyouts |
14 May 2013 |
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AVCJ Private Equity & Venture Forum - Europe 2013
AVCJ Europe will bring the region's most successful and powerful fund managers to London. Attendees will hear thought-provoking dialogue about investment opportunities and challenges across Asia, and will learn how leading funds have achieved success in the world's most resilient growth engine. Register now, for the opportunity to network with Asian-based firms and some of Europe's largest institutional investors who are looking to expand their portfolios and contacts in Asia.
Date: 13 June 2013
Venue: Commonwealth Club, London
AVCJ Private Equity & Venture Forum - Japan 2013
The 14th Annual AVCJ Japan Private Equity & Venture Forum, taking place on 27-28 June 2013 at the Conrad Hotel in Tokyo, will feature can't miss analysis of Japan's private equity industry including an in-depth look at how the sector can benefit from the rapidly improving economy. After years of low-growth, has a new era finally dawned? Register now to hear from more than 45 of the most experienced and well-respected players in Japan, as well as some of the biggest domestic and international institutional investors.
Date: 27-28 June 2013
Venue: Conrad, Tokyo
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