The Everstone Group has bought a majority stake in Indian pharmaceutical developer Rubicon Research for INR2.2 billion ($32.9 million), providing an exit for Kotak Private Equity.
Motilal Oswal Private Equity (MOPE) will invest up to INR1.1 billion ($16 million) in Indian frozen dessert maker Dairy Classic Ice Creams.
An all-Australian consortium comprising IFM Investors and AustralianSuper has acquired a 50.4% interest in a 99-year lease of Ausgrid, New South Wales’ (NSW) electricity distribution network, for A$16.2 billion ($12.3 billion).
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest more than INR10 billion ($155 million) in India-based third-party logistics provider TVS Logistics, facilitating an exit for KKR and Goldman Sachs.
When VIG Partners acquired Korea-based Samyang Optics, the company was a camera lens manufacturer with untapped potential. It is now looking to challenge the global elite
Byron Group, an Australia-based manufacturer of emergency services transport vehicles and related equipment owned by Wolseley Private Equity, has been placed into administration.
The International Finance Corporation (IFC) has invested $11 million in Indonesia-based Aneka Gas Industri as part of the gas production company’s domestic IPO.
Indian logistics provider Continental Warehousing has filed for a domestic IPO, setting up The Abraaj Group for a full exit. Warburg Pincus is expected to make a partial exit.
Innovation Network Corporation of Japan (INCJ) has committed up to JPY10.4 billion ($102.6 million) to funds managed by domestic VC firms MedVenture Partners and Universal Materials Incubator.
Zoomlion Heavy Industry Science and Technology, a China-based construction machinery maker, has launched an industry PE fund with an overall target of RMB3.21 billion ($481 million).
CAC Capital Management, a China-based private equity firm, has agreed to buy the local power cables business of Denmark-headquartered industrial conglomerate NKT for an enterprise value of EUR14.3 million ($16 million).
Efficient Drivetrains produces powertrain systems suitable for electric vehicles and hybrids, leveraging automakers desire to meet emissions requirements without building costly in-house operations. H&A Asia Pacific is financing a wider geographic roll-out
A confluence of macro influences is driving demand for modernized logistics in India. Private equity is likely to benefit in a number of areas, but informed targeting and value-add approaches will be key
ISigma, a mid-size buyout firm controlled by Japanese trading and investment conglomerate Marubeni, has agreed to sell domestic automotive industry supplier Iino Manufacturing for JPY10 billion ($99.4 million).
Beijing Shanhai Capital Management has led a consortium of investors to acquire US-based microchip manufacturer Analogix Semiconductor for more than $500 million.
H&Q Asia Pacific has led a $7.8 million investment in Efficient Drivetrains (EDI), a US and China-based developer of electric vehicle (EV) systems and technologies.
A consortium including QIC, Future Fund and Global Infrastructure Partners (GIP) has paid A$9.7 billion ($7.3 billion) for a 50-year lease at the Port of Melbourne, Australia’s largest container and cargo facility.
Equis has signed a wind power offtake deal with an Indonesian electricity supplier as part of a $500 million renewable energy project package.
Crop Enhancement, a US-based company that develops sustainable agrochemicals, has received an $8.5 million Series B round led by the Asia and Americas-focused MLS Capital Fund II and 1955 Capital, a cross-border PE firm set by former Khosla Ventures partner...
Increased competition for private equity deals in the Philippines means investors must be more disciplined in their approach to transactions, according to industry participants at the AVCJ Philippines Forum.
Hybrid rice has yet to achieve meaningful penetration of India's agriculture sector. India Value Fund Advisors is backing Seedworks International ride the expected growth wave
Associated British Foods (ABF), a UK-based food processing and retailing company, has agreed to sell its cane sugar business in southern China to a PE-backed consortium led by Shenzhen-listed Nanning Sugar Industry for RMB1.68 billion ($252 million).
Canadian pension plan Caisse de depot et placement du Quebec (CDPQ) and Kuwait Investment Authority (KIA) have backed a platform launched by India’s ICICI Venture and Tata Power that will invest in domestic power projects.
Best Logistics Technologies, a China-based logistics and supply chain management business part-owned by Alibaba Group, has completed a $760 million round led by Everbright Financial Holding Asset Management and CITIC Private Equity.