Hony Capital has sold HK$9.78 billion ($1.26 billion) worth of shares in CSPC Pharmaceutical to complete its exit from the Hong Kong-listed Chinese drug manufacturer.
Exits | 17 Apr 2015 |
The chairman of Chinese app developer Sungy Mobile has submitted an offer to take the VC-backed company private less than 18 months after it went public on NASDAQ.
Buyouts | 14 Apr 2015 |
Apollo Global Management has made a partial exit from India-based direct-to-home (DTH) television service operator Dish TV, selling INR2.62 billion ($42.1 million) worth of shares on the open market.
Exits | 13 Apr 2015 |
CITIC Capital has exited its entire holding in China Cinda Asset Management, selling a 1.96% stake in the Hong Kong-listed non-performing loans manager for HK$1.09 billion ($140 million).
Greater China | 10 Apr 2015 |
Warburg Pincus has exited its entire 27% stake in Indian healthcare chain Metropolis to the Shah family, one of the company's promoters. KKR backed the Shah family's buyback.
Healthcare | 10 Apr 2015 |
WoWo, the Chinese entertainment-focused e-commerce platform that started out as operator of group-buying site 55tuan, jumped 2.95% on its NASDAQ debut after raising $40 million through its IPO.
Consumer | 09 Apr 2015 |
India's Prabhat Dairy and Dilip Buildcon have filed for IPOs, providing an opportunity for their private equity backers to make partial exits.
Exits | 08 Apr 2015 |
Red Star Macalline Group, a private equity-backed shopping mall operator in China, has filed to list on the Hong Kong Stock Exchange.
Exits | 08 Apr 2015 |
Southeast Asia infrastructure investor CapAsia has sold its stake in Malaysia’s Cheras-Kajang Highway to a joint venture between Taliworks Corp. and Employees Provident Fund for MYR80 million ($21.9 million).
Exits | 08 Apr 2015 |
MYOB, an Australian accounting software developer owned by Bain Capital, is seeking to raise up to A$833.8 million ($635.5 million) through an IPO on the Sydney bourse. The PE firm will not sell any shares in the offering.
Exits | 01 Apr 2015 |
Meinian Onehealth Healthcare Group, the largest private provider of preventive healthcare check-up services in China and a portfolio company of The Carlyle Group among others, plans to list in Shenzhen through a reverse merger with Jiangsu Sanyou Group.
Greater China | 30 Mar 2015 |
IL&FS Investment Managers has fully divested its stake in Maharashtra Natural Gas (MNGL) to Indraprastha Gas (IGL), securing a cash multiple of 4.1x.
South Asia | 30 Mar 2015 |
Australian sports apparel brand 2XU - which is 40%-owned by L Capital Asia, a PE firm backed by luxury goods conglomerate LVMH - is looking to go public in either Australia or New York with an IPO that could value the business north of A$600 million ($468...
Australasia | 27 Mar 2015 |
Three private equity firms – TPG Capital, Actis and The Blackstone Group – are set for partial exits from their Indian investments as payment solutions provider AGS Transact Technologies and fragrances manufacturer S.H. Kelkar both filed for IPOs.
Exits | 27 Mar 2015 |
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In 2015, China is expected to experience a "new normal of growth". For private equity investors, China's new stage of growth represents huge opportunities: an increase of 270% in online consumption, the reform of over a hundred sovereign-owned enterprises, trillion-dollar investments into overseas infrastructure projects, the rising entrance of young entrepreneurs, and many more.
To be held on 28 and 29 May, the 14th annual AVCJ China Forum 2015 in Beijing will feature these exciting topics and bring together top-notch speakers from across the world.Join the premium industrial gathering of over 300 private equity professionals, regulators and senior executives for two days of mind-provoking discussions, networking and more.
28-29 May 2015, China World Summit Wing,Beijing
There is a feeling that now is a shrewd time to invest in Japan and take advantage of the favourable conditions for private equity. Valuations are low compared with the rest of Asia and strategic buyers and the IPO market are providing an attractive route for exits. There are also signs that corporate Japan is slowly coming around to engaging PE as a potential buyer for non-core assets and recent developments at the GPIF suggest that PE will be under strong consideration for allocations from pension funds in the near future as well as regional banks committing to the asset class right now.
The macro concerns that have been present for many years still remain in terms of low growth and currency depreciation but these are encouraging times for fund managers looking to both raise capital from Japanese LPs and make investments.
245-26 June 2015, Conrad Hotel, Tokyo