Sompo Japan Insurance has agreed to acquire Canopius Group, a UK insurer which is 84%-owned by London-headquartered private equity firm Bregal Capital.
Europe | 19 Dec 2013 |
Shares in Crescent Capital Partners-owned Cover-More Group opened down 12.5% today following the travel insurer's A$521 million ($460 million) IPO on Australian Securities Exchange (ASX).
Australasia | 19 Dec 2013 |
GIC Private has exited its 8.84% stake in Beijing Capital International Airport (BCIA)to NWS Holdings, an Chinese infrastructure conglomerate controlled by Hong Kong billionaire Cheng Yu-Tung, for about HK$2.36 billion ($304 million).
Greater China | 18 Dec 2013 |
Darby Private Equity, a subsidiary of Franklin Templeton Investments, has exited its stake in South Korean consumer finance company Leadcorp through sales on the Kosdaq Market of Korean Exchange. The financial details were not disclosed.
North Asia | 18 Dec 2013 |
Artgo Mining Holdings, a Chinese marble producer and distributor which is backed by The Carlyle Group, intends to raise up to HK$1.01 billion ($130 million) through an IPO in Hong Kong.
Greater China | 17 Dec 2013 |
Nord Anglia Education, an international schools operator owned by Baring Private Equity Asia, is reportedly preparing an IPO which could raise upwards of $200 million.
Greater China | 16 Dec 2013 |
China Cinda Asset Management saw its stock close up 26% on the IPO price for the biggest debut gain among large cap companies in Asia in more than two years.
Greater China | 13 Dec 2013 |
Perella Weinberg Partners will exit Chicago-based Flagship Rail Services to Sumitomo Mitsui Banking Corporation (SMBC) in a transaction valued at $1.1 billion.
Exits | 13 Dec 2013 |
Moody’s subsidiary Copal Partners has acquired Helion Ventures-backed Amba Research for an undisclosed sum.
South Asia | 12 Dec 2013 |
Actis will exit a 2006 investment in India’s Sterling Hospitals chain by selling its 82% shareholding back to the founder, Girish Patel. Financial terms of the deal were not disclosed.
Exits | 12 Dec 2013 |
Consun Pharmaceutical Group, a Chinese medicine retailer backed by Hony Capital, is seeking to raise up to HK$1.09 billion ($140 million) through an IPO in Hong Kong.
Greater China | 11 Dec 2013 |
Autohome, a Chinese online automobile marketplace backed by Orchid Asia, has revised the indicative price range for its US IPO, putting the firm on course to raise up to $143.8 million.
Technology | 11 Dec 2013 |
V-Cube, a Japanese developer of web-conferencing and webinar systems backed by Intel Capital and Globis Capital Partners, saw its stock open at JPY5,010 per share - a 51% premium on the offering price - on its first day of trading. This followed a JPY4.4...
North Asia | 11 Dec 2013 |
The Carlyle Group and Farallon Capital Management will commit $35 million as cornerstone investors in Fu Shou Yuan International’s $215 million Hong Kong IPO.
Greater China | 09 Dec 2013 |
Oncolys Pharma, a VC-backed developer of drugs targeting cancer and serious infectious diseases, saw its stock open at JPY3,500 per share - a 34.6% premium on the offering price - on its first day of trading in Tokyo. This followed a JPY6.6 billion ($64.4...
Healthcare | 09 Dec 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