Chinese outbound direct investment (ODI) reached $73 billion during the first three quarters of 2013, with the amount of capital deployed in North America rising nearly three-fold on a year-on-year...
Greater China | 04 Dec 2013 |
Hong Kong-listed software developer Kingsoft is not in desperate need of capital. It posted a net profit of RMB466.4 million ($76.6 million) in 2012, up 39% year-on-year, and its cash reserves stood at RMB2.4 billion for the year. Furthermore, in July...
Venture | 04 Dec 2013 |
Private equity firms are exploring various strategies to help Chinese companies expand overseas. Bolt-on acquisitions are a proven approach in some markets, but that doesn’t mean they work for corporate China
Buyouts | 04 Dec 2013 |
China’s Sailing Capital and its subsidiary Shanghai Sailing Industrial Capital have launched a RMB5 billion ($821 million) buyout fund, in a bid to facilitate cross-border transactions.
Greater China | 03 Dec 2013 |
The Japanese government has launched a "Cool Japan Fund" which will invest up to JPY90 billion ($884 million) in cultural exports such as fashion, food and media.
North Asia | 25 Nov 2013 |
China cross-border deals are increasingly attractive to private equity investors but the risks involved, particularly given many domestic companies don't fully grasp international business culture, are considerable.
Greater China | 15 Nov 2013 |
Tethys Petroleum, a Central Asia and Caspian region-focused oil and gas producer, has agreed to sell half of its Kazakhstan oil and gas assets to Sino Oil and Gas Investment (SinoHan), a subsidiary owned by Beijing-based HanHong Private Equity Group....
Central Asia | 04 Nov 2013 |
China Everbright, an investment arm of Chinese conglomerate China Everbright Group, and Catalyst Equity Management, an Israeli-based private equity firm, have teamed up to establish a PE fund that will invest in Israeli companies.
Greater China | 31 Oct 2013 |
Axa Private Equity and China’s Fosun International have suffered a setback in their takeover of France-based vacation resort operator Club Méditerranée (Club Med), as French regulators decided not to rule on shareholder opposition to the deal before...
Greater China | 26 Sep 2013 |
Hony Capital has pledged to remain a China-focused investor despite the country’s slowing economic growth and forays by other private equity firms into new markets in order to diversify risk. Hony’s emphasis will be on value creation, particularly...
Greater China | 23 Sep 2013 |
Chinese conglomerate Fosun International has secured $525.2 million for its China Momentum Fund, which is targeting $1 billion for outbound investment.
Greater China | 04 Sep 2013 |
South Korea plans to launch specialist private equity funds as a means of encouraging financial institutions to support local firms competing for overseas construction contracts. The government hopes that $8.6 billion can be raised through these funds...
North Asia | 29 Aug 2013 |
China’s Sailing Capital participated in a $400 million round of funding round for Mobileye, a Netherlands-based operator of driver assistance systems, valuing the company at about $1.5 billion. It is one of five investors that will between them own...
Greater China | 09 Jul 2013 |
Dalian Wanda Group has sealed a deal to acquire a 91.81% stake in Britain’s largest luxury yachtmaker Sunseeker – backed by Irish private equity firm FL partners - for GBP320 million ($495 million). The deal is expected to close by mid-August.
Greater China | 20 Jun 2013 |
China Investment Corp. (CIC) has named Xiaopeng Li, a former vice president at Industrial & Commercial Bank of China (ICBC), as head of its supervisory board. He replaces Liqun Jin, who spent five years in the role.
Greater China | 28 May 2013 |
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India's private equity industry is in a state of transition, and only funds that are nimble on their feet and adaptive will ultimately survive. Find out what you need to navigate India's changing landscape at the 14th Annual AVCJ Private Equity & Venture India Forum on 5-6 December. Last year's Forum was attended by more than 250 top executives coming from 15 different countries and territories around the globe. Over 50 LPs joined the event, including dozens of foreign investors looking to increase their allocations to India or to invest in the country for the very first time. The conference featured in-depth analysis about India's private equity industry with sessions that covered topics ranging from confronting the difficult exit and fundraising environment, to understanding regulatory changes, to predicting where the industry will likely be in 2015.
Date: 5-6 December 2013
Venue: Tal Lands End, Mumbai
Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
, Four Seasons Hotel, Sydney