Increased competition for deals and buoyant equity markets have pushed up valuations in Southeast Asia, prompting private equity investors to hold back, according to a new survey. While...
Southeast Asia | 03 Jun 2013 |
For all the foreign strategic interest in Indonesia’s financial services sector, most deals are thwarted due to a huge gap in price expectations. PE investors are steering clear of the mainstream and looking for niche value
Southeast Asia | 29 May 2013 |
Mitra Pinasthika Mustika (MPM), the Indonesian motorcycle distributor in which Affinity Equity Partners and Saratoga Capital invested around $100 million last year, is looking to boost its car rental business. The comes as the company prepares to raise...
Exits | 28 May 2013 |
DBS Group Holdings has won approval to buy a 40% stake in Indonesian mid-sized lender Bank Danamon for $2.75 billion from Singapore state investor Temasek. It will be the biggest acquisition in the country's history.
Southeast Asia | 22 May 2013 |
SEAVI Advent Private Equity, the Asian arm of Advent International, has made a $17 million investment into Multicon Indrajaya Terminal, an Indonesian port depot manager.
Southeast Asia | 22 May 2013 |
Quantum Pacific Investment, the third-biggest shareholder in Australia's Intrepid Mines, is looking to recover some of the explorer's stake in a key Indonesian asset as it brings in a new leadership team.
Australasia | 21 May 2013 |
Sumitomo Mitsui Banking Corp. (SMBC) is paying a princely sum for a slice of Indonesia's financial services sector. The price-to-book (P/B) valuation of the $1.56 billion it has agreed to pay for a 40% stake in Bank Tabungan Pensiunan Nasional (BTPN)...
North Asia | 15 May 2013
TPG Capital and Northstar Pacific Partners have agreed to exit part of their stake in Indonesian lender Bank Tabungan Pensiunan Nasional (BTPN) to Japan's Sumitomo Mitsui Banking Corporation (SMBC).
Southeast Asia | 09 May 2013 |
Non-profit microfinance pioneer Accion will provide funding to three Asian start-ups through its $10 million seed initiative, Venture Lab. Singapore-based Coda Payments, Demyst Data and Indian education access provider Varthana are among the five businesses...
Early stage | 08 May 2013 |
The Carlyle Group has confirmed the appointment of Rajiv Louis as managing director with responsibility for investment activity in Indonesia. He previously spent nearly 10 years at UBS, most recently serving as managing director and country head in Indonesia...
People | 08 May 2013 |
Singapore's Oversea-Chinese Banking Corporation (OCBC) has completed IDR1.13 trillion (S116 million) in convertible debt financing for Indonesian toll road operator Baskhara Utama Sedaya (BUS).
Southeast Asia | 06 May 2013 |
Malaysia's OldTown White Coffee has unusual origins. The brand came into existence in 1999 as a range of pre-mix instant beverages, offering creamer, coffee and sugar in a single sachet. It was only in 2005 that the company decided to venture into the...
Southeast Asia | 02 May 2013 |
Sumitomo Mitsui Banking Corp (SMBC) is said to be in advanced talks to buy 40% of TPG Capital's stake in Indonesia’s Bank Tabungan Pensiunan Nasional (BTPN). The sale would enable the private equity firm to comply with the 40% cap on foreign ownership...
Exits | 29 Apr 2013 |
Quantum Pacific Investment is looking to remove directors at Australia's Intrepid Mines after the company lost control of a key Indonesian asset.
Industrials | 24 Apr 2013 |
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For 27 years, the AVCJ Forum has brought together leading investors from across the globe for three days of high-level dialogue, debate and networking. In a programme that combines strategic and tactical issues, you'll hear from some of the world's most successful deal makers as they share their insights on the opportunities for private equity investors going forward.
11-13 November 2014, Four Seasons Hotel, Hong Kong
With the empathic and historic victory of Narendra Modi at the recent elections in India, the market confidence has improved significantly. Until recently, India was mentioned in financial markets only in a negative light given the enormous potential and lack of delivery. Difficulties in exiting, arbitrary taxation and poor governance are just some of the chronic problems deterring investors.
Discover what repercussions the latest political developments will have on the private equity industry, the outlook for the next wave of fundraising, where GPs expect to source exits and the best way forward for existing and potential investors.
2-3 December 2014, Taj Lands End Hotel, Mumbai