CLSA Capital Partners has acquired a majority stake in Japanese automotive tools retailer Worldtool in a deal that values the business at around JPY10 billion ($82.8 million).
North Asia | 22 May 2015 |
International Finance Corporation (IFC) and its subsidiary IFC Asset Management (AMC) have invested $150 million in Hong Kong-listed gas supplier China Tian Lun Gas Holdings.
Infrastructure | 21 May 2015 |
Alibaba Group has teamed up with Yunfeng Capital to acquire a minority stake in Shanghai YTO Express, a Chinese logistics service provider. Financial terms were not disclosed.
Greater China | 15 May 2015 |
Australian resources-focused investor EMR Capital has served as cornerstone investor for listed mining company Highfield Resources' A$120 million ($101 million) share placement.
Industrials | 13 May 2015 |
Mandala Capital has invested $15 million in India's Godavari Biorefineries, a producer of foods, biofuels, specialty chemicals and power.
South Asia | 13 May 2015 |
GEMS, a natural resources-focused PE firm, has subscribed to a $20 million convertible bond issued by Primeline Energy Holdings (PEH) to support development of its East China Sea oil and gas interests.
Industrials | 12 May 2015 |
North Asia-focused buyout firm MBK Partners has acquired a majority stake in Apex International Corporation, a China-based logistics company with a strong presence in freight forwarding.
Industrials | 11 May 2015 |
Private equity firm Actis has reached an agreement to exit its stake in Indian automotive lighting manufacturer Phoenix Lamps to cable maker Suprajit Engineering.
South Asia | 07 May 2015 |
Asahi Tec, a Japanese auto-parts supplier controlled by Unison Capital, has agreed to sell a portfolio of companies covering casting and forging to India's Amtek Auto.
North Asia | 30 Apr 2015 |
Auctus Minerals, an Australian mining platform set up by Denham Capital, has submitted a takeover bid for listed miner Mungana Goldmines. It values the business at A$32.5 million ($26 million).
Buyouts | 30 Apr 2015 |
Tuscan Ventures has exited its entire interest in LCL Logistix India to the logistics arm of France-based CMA CGM, the world’s third-largest container shipping company.
Exits | 30 Apr 2015 |
China Water Affairs Group, a Hong Kong-listed integrated water service provider, has agreed to acquire Goldtrust Water Holdings for $109.71 million, facilitating an exit for J.P. Morgan’s real assets fund.
Greater China | 29 Apr 2015 |
US private equity firm Platinum Equity has bought Ying Shing Enterprises, a Chinese company that specializes in precision tool making, injection molding and contract manufacturing, for an undisclosed sum.
Buyouts | 28 Apr 2015 |
Indian seeds producer Nuziveedu Seeds has filed for a domestic IPO, which is expected to facilitate a partial exit for The Blackstone Group, an investor in the company since 2008.
Exits | 24 Apr 2015 |
CHAMP Ventures and Yorkway Equity Partners are set to buy a majority stake in Australian quantity surveying company BMT Tax Depreciation in a deal that values the business at around A$65 million ($50.3 million).
Australasia | 23 Apr 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.
245-26 June 2015, Conrad Hotel, Tokyo