Cinven
Joseph Wan leaves Cinven, forms Hong Kong family office
Joseph Wan, previously a Hong Kong-based operating partner for European private equity firm Cinven, has established a multi-family office called Anchor Strategic Partners.
Deal focus: Chinese strategic snares Avolon
An acquisition by an Asian strategic player was always a likely outcome for aircraft leasing business Avolon. Japanese groups have completed a couple of deals in the space in recent years, while HNA Group – which has agreed to buy Avolon at an enterprise...
China’s HNA to buy PE-backed Avolon for $2.5b
Chinese aviation and shipping conglomerate HNA Group, has agreed to buy Avolon, a PE-backed aircraft leasing company, for approximately $2.5 billion.
China's AVIC Capital scraps plan to acquire Avolon
AVIC Capital, a subsidiary of aircraft manufacturer Aviation Industry Corporation of China, has been rebuffed in its attempt to acquire Avolon, an aircraft leasing company owned by several PE firms.
China’s AVIC confirms talks to buy PE-backed Avolon
AVIC Capital, a subsidiary of aircraft manufacturer Aviation Industry Corporation of China, has confirmed it is in talks to buy Avolon, an aircraft leasing company owned by Oak Hill Capital, CVC Capital Partners and Cinven.
Hony’s pizza takeaway
Immediately after TDR Capital and Capricorn privatized Pizza Express in 2003, the UK-based restaurant chain’s international franchise operations were shifted into separate entity as part of the “non-core group.”
European GPs seek exits to Asian corporates
The trend for European GPs to set up portfolio teams in Asia helps expand their companies into new geographies. But forming local joint ventures offers significant exit prospects as well
BC Partners replaces Fitness First management team
BC Partners has axed the core management team of Fitness First in a bid to prevent its portfolio company sinking under the weight of its high-interest loans.
AXA, LGT buy $901m in secondary assets from German bank
AXA Private Equity and LGT Capital Partners have acquired a EUR620 million ($901 million) private equity portfolio from Germany’s HSH Nordbank. The portfolio is said to include stakes in about 47 private equity funds, including European vehicles managed...
Fitness First to IPO
BC Partners-owned gym chain Fitness First is reportedly looking into an IPO on the Hong Kong, Singapore, Shanghai or Sydney stock exchanges in a public markets debut that could raise as much as $1.8 billion.
BC Partners-backed Fitness First contemplates APAC IPO
BC Partners-owned Fitness First is reportedly planning to debut onto the Hong Kong, Singapore, Shanghai or Sydney stock exchanges in an IPO that could raise as much as $1.8 billion.
CVC, Oak Hil, Cinven back aircraft leasing company
Avolon, an Irish aircraft leasing company with substantial Greater China operations, received a $750 million equity capital commitment from a consortium including Cinven, CVC Capital Partners and US-based Oak Hill Capital Partners.