News / Industry
Motilal Oswal invests $6.5m in Magicrete
Motilal Oswal Private Equity has invested INR350 million ($6.5 million) in Magicrete Building Solutions, India's second largest manufacturer of Autoclave Aerated Concrete (AAC) Blocks.
Siemens sets up RMB venture fund
The venture capital arm of Siemens Financial Services (SFS VC), has set up a dedicated renminbi-denominated investment vehicle. The size of the fund has not been disclosed
AVCJ daily bulletin returns October 3
There will be no AVCJ bulletin on October 1-2 due to a public holiday in Hong Kong marking the Mid-Autumn Festival and China's National Day.
AVCJ daily bulletin returns July 3
There will be no AVCJ bulletin on Monday July 2 due to a public holiday marking the establishment of Hong Kong Special Administrative Region.
AVCJ daily bulletin returns May 2
There will be no AVCJ daily bulletin on Tuesday May 1 due to the Labor Day public holiday in Hong Kong.
J.P. Morgan names new global alternatives fund admin head
J.P. Morgan Worldwide Securities Services (WSS) has appointed Stephanie Miller to head up its global alternative investment services business. Reporting to Nick Rudenstine, global head of investor services for WSS, she will be responsible for the firm’s...
Mourant Ozannes opens Hong Kong office
Mourant Ozannes, one of the leading global offshore law firms, has enlarged its footprint in Asia by opening an office in Hong Kong. Three partners have relocated to Asia where they will focus initially on investment funds, corporate and finance work....
Compliments of the season from AVCJ
AVCJ's daily bulletin will take a short break next week for the festive holiday season. Publication will resume on January 3, while the weekly magazine's first issue of 2012 is released the following day.
2011 AVCJ Forum sells out
The 2011 AVCJ Private Equity & Venture Forum has sold out, following an unprecedented level of industry support from both within and outside of the region. AVCJ will not be taking any more registrations for the event, although existing reservations made...
Elephant Capital invests in India's aviation engineering company
Elephant Capital has acquired a 4.8% stake in Air Works India Engineering Ltd. The AIM-listed company paid £2.45 million($3.93 million) for the stake. Elephant Capital's Mauritian subsidiary, Tusk Investments Fund 1 provided the capital except for £0.44...
ICICI Venture exits India textile play Sangham
ICICI Venture has exited its remaining stake in Sangham India Ltd., a textiles manufacturer and spinning business headquartered in Bhilwara in Rajasthan, for $6.85 million, as confirmed by AVCJ Research data.
Actis said seeking exit from India's Halonix
Actis is seeking a buyer for some or all of its 66% controlling stake in Indian halogen bulb and lamp manufacturer Halonix, in a deal which could fetch up to $56 million with a probable strategic buyer, according to Indian reports.