CITIC Capital Partners has exited Japanese bone china and tableware manufacturer Narumi Corporation to Ishizuka Glass for JPY4.3 billion ($36.2 million).
Exits | 19 Dec 2014 |
India Value Fund Advisors (IVFA) has exited Music Broadcast, which runs FM radio station Radio City, to Jagran Prakashan, a listed Indian media conglomerate backed by The Blackstone Group.
Exits | 18 Dec 2014 |
EQT's 2010 acquisition of a controlling stake in Chongqing New Qinyuan Bakery – which it has just exited to Swire Pacific – was something of a coup for the European mid-market GP. Not only did the firm overcome several competitors, but it also managed...
Exits | 17 Dec 2014 |
Strong capital markets facilitate bumper exit activity; pan-regionals, venture capital dominate fundraising; China’s leads revival in growth capital investment, with Korea still buyout central
Investments | 17 Dec 2014 |
After a mixed 2013, Asian private equity has enjoyed an impressive 2014. But what do the next 12 months have in store? Here are some ideas…
Fundraising | 17 Dec 2014
CVC Capital Partners is set to make a partial exit from Rizal Commercial Banking Corporation (RCBC) as Cathay Life Insurance confirmed it had agreed to buy a 20% stake in the Philippines lender for PHP17.92 billion ($400.5 million).
Financials | 17 Dec 2014 |
United Cinemas was struggling in the face of macro headwinds and low consumer confidence, but Advantage Partners’ saw the bigger picture and delivered blockbuster returns
Exits | 10 Dec 2014 |
Affinity Equity Partners and KKR made Oriental Brewery the market leader in Korea’s beer industry, then exited via Asia’s largest-ever trade sale. For this and other activities, Affinity was also named Firm of the Year
Exits | 10 Dec 2014 |
EQT has sold its 65% stake in Chongqing New Qinyuan Bakery, a retail bakery chain based in southwest China, to Swire Foods, a subsidiary of Swire Pacific.
Exits | 09 Dec 2014 |
TPG Capital will sell its stake in China Grand Automotive Services (CGA), the country’s leading car dealer, to an investor group led by Haitong International Securities Group for HK$5.4 billion ($697 million).
Greater China | 01 Dec 2014 |
Exits have been the bane of Indian private equity, with many GPs struggling to monetize investments made before the global financial crisis. Optimism has returned to the country; so have exits. But will it last?
Exits | 26 Nov 2014 |
Actis has exited it stake in India's Nigilri Dairy Farm , the business behind convenience store chain Nilgiri's, to Future Consumer Enterprise (FCEL), a retail unit of Kishore Biyani’s Future Group.
South Asia | 24 Nov 2014 |
Affinity Equity Partners will exit Australian deli meats producer Primo Group after Brazilian food processing giant JBS agreed to buy the business for A$1.45 billion ($1.25 billion).
Exits | 21 Nov 2014 |
Asahi has received NZ$220 million ($175 million) from Pacific Equity Partners (PEP) and Unitas Capital in a settlement that brings to a close their dispute over the sale of New Zealand beverage producer Independent Liquor.
Consumer | 18 Nov 2014 |
Pacific Equity Partners (PEP) and Unitas Capital have agreed a private settlement with Asahi over the sale of Independent Liquor that means the dispute will not proceed to trial.
Exits | 31 Oct 2014 |
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The outlook for the Australasian market is positive as a record number of IPO exits have provided strong returns for investors and has proven that PE can outperform listed equities and compete with global divestment figures. Fundraising in terms of dollar value has been high but the number of PE funds successfully raising new commitments has declined as investors flock to the best in class.
This is an intriguing time for Australasian PE as the industry continues to mature. GPs must evolve, diversify and display skills to drive value in a low-growth environment and justify future commitments when competing on a global state by achieving world-class results from current deals and exits.
4-6 March 2015, The Westin, Sydney
The AVCJ Indonesia Forum is back for a fourth year! Mark your calendars now and join us on March 24th, 2015 in Jakarta at Indonesia's longest running, largest and most prestigious industry gathering.
The market is relatively optimistic as a new government that is viewed favourable to a balanced investment arena is introduced and we see an increase in deal activity. The hopes for a flourishing PE market amid the euphoria of 2012 has not yet been realised but the potential is still present and now may well be the time for the country to take off in its own right and increase its reputation as THE hot market in Southeast Asia.
24 March 2015, Grand Hyatt, Jakarta