Silver Lake
PE firms, sovereign funds support Alibaba’s Yahoo buyback
China Investment Corporation (CIC), Boyu Capital, CITIC Capital and CDB Capital participated in a $3.9 billion equity issue by Alibaba Group alongside existing investors including Silver Lake, DST Global and Temasek Holdings. The financing was used to...
AVCJ China Awards: PE Deal of the Year – Alibaba Group
Silver Lake started building relations with Alibaba Group almost as soon as it launched its Asia operations in 2008. It was the logical thing to do: the private equity firm assiduously builds relationships with senior management at most of the world’s...
PE firms plan AsiaInfo bids – report
Silver Lake, TPG Capital and Primavera Capital are said to be among the PE firms that have expressed an interest in AsiaInfo-Linkage, the US-listed telecoms software manufacturer that is subject to a buyout offer from CITIC Capital.
And the winners are…
Congratulations to the winners of the 2012 AVCJ Private Equity & Venture Capital Awards China. For a second year in a row, AVCJ has sought to recognize excellence in private equity and venture capital in China in its annual private equity and venture...
Alibaba to buy back 20% of Yahoo’s stake for $7.1b
Alibaba Group has agreed to repurchase about a 20% stake in itself from Yahoo for $7.1 billion ahead of an initial public offering. The US internet company bought 40% of Alibaba - founded by Jack Ma (pictured) - in 2005, paying $1 billion plus ownership...
Vision Knight’s value-add proposition
Much is expected of China's online advertising industry. Worth RMB51 billion ($8.1 billion) in 2011, up 57% year-on-year, the market is tipped to top RMB187 billion by 2015. As former CEO of Alibaba.com, the country’s leading B2B marketing portal, David...
Silver Lake to reduce fees for fund IV
Tech-focused private equity firm Silver Lake is planning to cut the fees it will charge big-ticket LPs as it attempts to raise as much as $10 billion for its next buyout vehicle.
Vision Knight Capital invests in Silver Lake-backed Allyes
Allyes Group, a Chinese online media service provider, has received a strategic investment from Vision Knight Capital, the private equity firm set up by former Alibaba CEO David Wei. It is the largest single investment by Vision Knight since its inception...
Yahoo studies part-exit from its Asian assets
Yahoo is considering the sale of a substantial chunk of its 40% interest in Chinese e-commerce company Alibaba Group as well as exiting its 35% holding in Yahoo Japan. The value of the transaction would reportedly be $17-18 billion, allowing the US internet...
Yahoo unhappy with bids for its US, Asia businesses
Yahoo is unhappy with the with the low premium being offered by private equity firms looking to invest in the company as well as the discounts proposed by prospective buyers of its Asian subsidiaries, which may stall any deal.
The specialists: The impact of Asia's sector-specific funds
When will Asian private equity funds discard their staunch sector agnosticism and carve out specific areas of investment expertise?
PE firms close in on Yahoo acquisition
Several prospective buyers of Yahoo have signed confidentiality agreements in order to get a closer look at the company’s finances.
Investor consortium pays $1.6b for 5% of Alibaba
Silver Lake, Yunfeng Capital and other investors have purchased a 5% stake in Chinese e-commerce firm Alibaba Group, worth $1.6 billion. The transaction is thought to be the tender offer made to employee shareholders and option holders, as well as certain...
Yahoo tipped to sell Asian assets, pay shareholder dividend
Yahoo is likely to close the door to potential private equity suitors by divesting its Asian assets and redistributing the proceeds to shareholders. The redistribution might take the form of a special divided or share buyback.
Yahoo founder refuses to rule out sale to Alibaba, private equity
Yahoo co-founder Jerry Yang has refused to rule out the possible sale of the company to Alibaba Group’s Jack Ma or to a private equity interests. “There are plenty of options,” he told a conference in Hong Kong Wednesday.
Alibaba, Temasek in talks over Yahoo deal – report
Alibaba Group has held discussions with Temasek Holdings about supporting the purchase of Yahoo’s 40% stake in the Chinese company.
Yahoo examines options for exiting Japanese business – report
Yahoo is close to unloading its 35% stake in Yahoo Japan and it is thought that a sale could happen relatively quickly, potentially simplifying decisions about the US firm’s wider prospects.
Alibaba’s Jack Ma wants to buy Yahoo
Jack Ma, the founder and CEO of Chinese technology company Alibaba Group, is interested in buying Yahoo and has held discussions with other potential buyers about options.
PE firms offer Alibaba staff a liquidity event
The timing of Silver Lake's investment in Alibaba Group, alongside parties including DST Global, Yunfeng Capital, Temasek Holdings, was curious. Days earlier Silver Lake reportedly contacted Yahoo as one of several private equity firms considering a bid...
Private equity firms invest in China's Alibaba Group
Silver Lake and DST Global will invest in leading Chinese technology firm Alibaba Group as part in order to provide liquidity to Alibaba employees. Chinese private equity firm Yunfeng Capital, which was founded by Alibaba founder Jack Ma, and Singapore...
PE bid for Yahoo complicated by Asia business interests
Yahoo’s 40% stake in Chinese B2B platform Alibaba Group and its 35% holding in Yahoo Japan have emerged as key elements of any potential private equity bid for the US internet company.
VIDEO: Silver Lake's Glenn Hutchins
Glenn Hutchins, co-founder and co-CEO of global tech investor Silver Lake - who has been appointed director of the New York Federal Reserve - discusses the opportunities for tech investors and why it’s a good time for funds targeting mature companies