Bain Capital has agreed to sell FCI Asia, which manufacturers connectors used in electronics, data storage and telecommunications, to US-headquartered industry peer Amphenol for $1.28 billion.
Exits | 30 Jun 2015 |
Cathay Capital Private Equity has invested in SeaOwl, a French-based marine management service provider.
Greater China | 30 Jun 2015 |
A company owned by the Soetantyo family, which has extensive interests in Indonesia’s food sector, has agreed to buy North America-based Icicle Holdings from PE firm Paine & Partners.
Exits | 29 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 |
Standard Chartered Private Equity (SCPE) has re-upped in Indonesia-based distributed power specialist Maxpower Group, providing $60 million in equity and serving as joint lead arranger on a $222 million debt refinancing for the company.
Expansion | 25 Jun 2015 |
The Carlyle Group has committed $500 million to an upstream oil and gas start-up that will primarily focus on development and production opportunities in the Indian subcontinent.
Industrials | 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 |
China Everbright has invested an undisclosed sum in AVIC Precision Casting Science and Technology, an affiliate of Chinese state-owned aerospace and defense company Aviation Industry Corporation of China (AVIC), via its RMB Mezzanine Fund.
Greater China | 17 Jun 2015 |
First Reserve will subscribe to a portion of a S$169.5 million ($126 million) rights issue by its investee KrisEnergy. The capital is required to support the oil and gas exploration and production (E&P) company’s development.
PIPEs | 16 Jun 2015 |
French cement maker Lafarge has agreed to buy back Baring Private Equity Asia's stake in its India division, Lafarge India, for EUR270 million ($304 million).
South Asia | 16 Jun 2015 |
MC-Seamax Managagement, the US-based GP backed by Japanese conglomerate Mitsubishi, has reached a $300 million close on its maiden fund intended to take advantage of depressed prices in the global shipping industry.
Industrials | 11 Jun 2015 |
China New Enterprise Investment (CNEI) has made a follow-on investment of $6.5 million in Zhanjiang Newpro Foods, a leading integrated operator in China’s prawn farming industry.
Expansion | 10 Jun 2015 |
Having supported Zoomlion Heavy Industry Science & Technology acquisition of Italy’s CompagniaItalianaFormeAcciaio (CIFA) seven years ago, Mandarin Capital Partners (MCP) didn’t hesitate in suggesting that the Chinese construction machinery manufacturer...
Buyouts | 09 Jun 2015 |
When RRJ Capital first committed $250 million to Shanghai Yupei Group in April 2014, Temasek Holdings was its sole partner in the investment. The company had 16 warehouses with a total gross floor area of more than 1.4 million square meters and plans...
Industrials | 09 Jun 2015 |
Indian agriculture is woefully inefficient. This is in part due to the extreme fragmentation of land ownership; the UN estimates the average farm holding is 1.6 hectares, or just larger than two football pitches. As a result, the nation’s food producers...
Expansion | 09 Jun 2015 |
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South Korea continues to solidify its position as a premier destination for Asian private equity and venture capital investments. In 2014, nearly US$11 billion was invested into South Korean companies with exits topping US$8 billion, the highest return figures in the last 10 years. It is easy to see why international and domestic GP's hold South Korea in high regard, being one of few Asian destinations where large leveraged buyouts are possible.
Venture capital is also gaining momentum as the Park Geun Hye-led government continues to advance on initiatives to promote innovation and foster SMEs. With capital inflows and creative input from local and international VCs, South Korea is living up to its reputation as a flourishing venture ecosystem as we witness the rise of angel consortia, accelerators, and local offices for established VC funds.
This intensive and highly focused event will provide front row seats into one of Asia's most vibrant private equity markets. Key players will share their views on private equity and venture capital in Korea, Asia and beyond.
15 September 2015, South Korea- Westin Chosun, Seoul
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