J.P.Morgan Asset Management
India’s Happiest Minds Technologies files for IPO
Indian IT outsourcing company Happiest Minds Technologies, which is backed by J.P. Morgan Asset Management, has filed for an initial public offering.
CVC to buy legal services provider UnitedLex
CVC Capital Partners has agreed to acquire a majority stake in UnitedLex, a legal process outsourcing firm based in the US, with significant operations in India, and backed by investors including Madison Capital, Helion Venture Partners, and J.P. Morgan...
J.P. Morgan real assets fund exits China's Goldtrust Water
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.
J.P. Morgan buys Canaan's India portfolio
J.P. Morgan Asset Management has acquired Canaan Partners’ India venture capital portfolio through a secondary transaction said to be worth around $200 million.
Western LPs still expect Asian PE to deliver a risk premium
Asia has become an established part of most North American and European LPs’ global private equity portfolios, but they still expect the region to deliver a risk premium over their home markets.
Asia real assets: Need returns, will travel
Interest in Asian real assets has surged as investors look to higher growth emerging markets for income and upside. Opportunities run from real estate to infrastructure, and in some cases offer a bit of both
Boris Bong leaves Squadron Capital for J.P. Morgan
Boris Bong, a managing director at Hong Kong-based fund-of-funds Squadron Capital, has left the company. He is joining J.P. Morgan Asset Management’s private equity group, also as a managing director.
BlackRock announces head of alternative investments
BlackRock has hired Joseph Pacini from J.P. Morgan Private Bank to be the head of BlackRock Alternative Investors Strategy Group, Asia Pacific ex-Japan.
J.P. Morgan names new global alternatives fund admin head
J.P. Morgan Worldwide Securities Services (WSS) has appointed Stephanie Miller to head up its global alternative investment services business. Reporting to Nick Rudenstine, global head of investor services for WSS, she will be responsible for the firm’s...
Blackstone's Rob Johnson resurfaces at J.P. Morgan
J.P. Morgan Asset Management has appointed former Blackstone MD Rob Johnson as its head of global business development for China real estate.
JPMorgan to back Bangalore residential property projects
A JPMorgan proprietary fund will invest INR2 billion ($40 million) in five Bangalore-based residential projects being developed by Nitesh Estates. With the US investment bank’s backing, the Indian real estate firm is expected to raise debt to fund the...
Japanese industries see post-earthquake renewal - AVCJ Japan
Japan’s private equity industry is anticipating greater changes in the aftermath of the March 11 earthquake and tsunami.
Trustbridge receives $30m from Arizona pension fund
Trustbridge Partners has received a $30 million commitment for its fourth fund from the Arizona Public Safety Personnel Retirement System. An India sidecar fund on JPMorgan’s Asian Infrastructure & Related Resources Opportunity (AIRRO) Fund will get...
Indian property developers turn to private equity
Indian property developers will borrow about $1 billion from private equity funds this fiscal year as banks cut back on lending, according to Knight Frank. PE funding to the sector came to INR12 billion ($252 million) in the last three months and the...
J.P. Morgan eyes $400m investment in SKIL Infrastructure
A J.P. Morgan Chase-backed fund will pay approximately $400 million for a nearly 20% stake in Mumbai-based SKIL Infrastructure, an infrastructure project developer with assets including ship maker Pipavav Defence – formerly Pipavav Shipyard - and Offshore...
ICICI Venture's co-head K.S. Jangbahadur to rejoin JP Morgan - report
Co-head of ICICI Venture K.S. “Jang” Jangbahadur has departed the company to head JP Morgan’s private equity business, India’s Business Standard reported.
Yurun Food Group slumps on talk of short-seller attack
Meat processor China Yurun Food Group, which last year reportedly attracted investment from Temasek Holdings and Hopu Investment Management, saw its shares plunge nearly 20% on Monday amid rumors that the company was about to come under attack from short-sellers.
JPMorgan PE unit teams up with Beijing Capital Group
JPMorgan’s global private equity investment arm, One Equity Partners (OEP), has teamed up with local conglomerate Beijing Capital Group to identify investment opportunities. OEP plans to invest $200 million in China over the next to two to three years...
JP Morgan invests in New Delhi real estate project
JP Morgan has injected $30 million in a New Delhi project of real estate manager Parsvnath Developers, according to the Economic Times.
Bery claims $30.8 million from JPM
Lost income, management fees and projected carry all ‘owed’