Europe
Deal focus: AGIC targets Sino-German industrial synergies
AGIC Capital sees the $1 billion acquisition of KraussMaffei from Onex as just one example of the rich seam of cross-border deal flow available for Chinese investors in Germany
Sam Robinson joins North-East Family Office from Aberdeen
Sam Robinson, previously head of regional private equity fund investment at Aberdeen Asset Management, has joined North-East Family Office as managing partner for Asia.
AGIC joins $1b Chinese acquisition of KraussMaffei
AGIC Capital, a private equity firm that focuses on China-Europe cross-border investments, has teamed up with two Chinese companies to acquire KraussMaffei Group from Onex Corporation at an enterprise valuation of EUR925 million ($1.01 billion).
L Capital to merge with US-based Catterton
L Capital, a private equity firm sponsored by luxury goods giant LVMH, will merge with consumer-focused GP Catterton to form L Catterton.
Q&A: Sankaty Advisors' Jonathan Lavine
Jonathan Lavine, managing partner at Sankaty Advisors, explains the firm’s strategy in Asia and globally. The following is taken from an interview for AVCJ TV conducted in the summer of 2015
CMC, CITIC Capital acquire 13% of City Football Group
China Media Capital Holdings (CMC Holdings) and CITIC Capital have paid $400 million for a 13% stake in Abu Dhabi-based City Football Group (CFG), which owns the Manchester City Football Club and other related businesses.
Rakuten launches $100m fund for global fintech investments
Japanese e-commerce giant Rakuten has launched a $100 million fund for investments in financial technology start-ups worldwide.
French investor buys 5% stake in Warburg Pincus
Billionaire investor Marc Ladreit de Lacharriere, the CEO of French financial services firm Fimalac, has bought a 5% stake in Warburg Pincus and become a senior strategic partner at the firm.
Hera Capital exits China's ActSocial to Linkfluence
Singapore-based private equity investor Hera Capital has agreed to sell its entire stake in Shanghai and Singapore-based social media analytics firm ActSocial to Linkfluence, a European company with a similar remit.
AGIC reaches $550m first close on China-Europe fund
Asia-Germany Industrial Promotion Capital (AGIC), a PE firm focused on China-Europe cross-border investments, has reached a first close of $550 million on its debut fund.
Media-for-equity: Outside the box
Media-for-equity investing has become a well-established niche market in Europe. To take hold in Asia, the model requires the right investors and the right customers
Philippines' Monde Nissin to buy Quorn Foods from PE owners
Philippines food conglomerate Monde Nissin has agreed to buy Quorn Foods from UK-focused GP Exponent Private Equity and Intermediate Capital Group (IGC) at an enterprise valuation of GBP550 million ($835 million).
CHAMP PE to make partial exit from Accolade Wines
Australia-based CHAMP Private Equity is set for a partial exit from Accolade Wines after agreeing to sell its 50% stake in UK-based drinks wholesaler Matthew Clark to Conviviality Retail, owner of a franchised off-license chain in the UK.
Auda to be brought under HQ Capital brand
Auda International, the private equity arm of the Harald Quandt family, has been folded under the HQ Capital brand alongside its sister alternative investment businesses.
Baring Asia buys 40% stake in Bright Food-controlled Weetabix
Baring Private Equity Asia has acquired a 40% stake in UK-based cereals producer Weetabix and will work alongside Bright Food Group – which holds the remaining 60% – to expand the business in China.
Partners Group-owned Trimco buys A-Tex from Polaris
Trimco, a Hong Kong-headquartered garment label manufacturer controlled by Partners Group, has agreed to buy industry peer A-Tex from Europe-based Polaris Private Equity.
Kerogen to invest $100m in North Sea gas developer
Kerogen Capital, a Hong Kong-headquartered energy investor, has committed up to $100 million to Zennor Petroleum, an exploration and production (E&P) company that focuses on the UK’s North Sea area.
Japan sportswear firm buys PE-backed UK brand
Japanese sportswear company Descente has bought an 80% stake in UK sports brand Inov-8, providing an exit for the firm's private equity backer Livingbridge. The financial details were not disclosed.
Q&A: Terra Firma's Guy Hands
As Terra Firma prepares to return to market, Guy Hands, the firm’s founder and chairman, explains why the changing GP-LP dynamic requires more flexibility on structures and fees, and GPs with more skin in the game
China’s HNA buys Swissport International from PAI Partners
China’s HNA Group has agreed to buy ground handling and cargo services provider Swissport International from PAI Partners for CHF2.7 billion ($2.8 billion).
Cathay Capital invests in European pharma firm Cenexi
Cathay Capital Private Equity has invested an undisclosed sum in Cenexi Group, a French pharmaceutical contract manufacturer.
Idinvest Partners launches $1b Sino-European fund
Idinvest Partners, a European PE firm that specializes in investments in small- and medium-sized enterprises (SMEs), has launched a EUR1 billion ($1.1 billion) cross-border investment fund to support European SMEs as they expand into Chinese markets.
Cathay Capital launches Sino-French innovation fund
Cathay Capital Private Equity has launched a Sino-French Innovation Fund that is looking to invest in start-ups in France, China and the US.
Bain to sell electronic connectors maker FCI Asia for $1.28b
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.