Articles by Anita Davis
Apax in takeover of Chinese buffet chain
Apax Partners has acquired Shanghai-based buffet-style restaurant chain Golden Jaguar for an undisclosed amount. The private equity firm is looking to take the family-owned business and expand its reach to cities across China.
Women in private equity: Minority report
When asked to name most difficult aspect of being a woman in private equity, Lisa Suennen, co-founder and managing member of California-based venture capital healthcare investor Psilos Group, cites the adage that women need to work twice as hard to get...
Religare Capital acquires South African brokerage
Religare Capital Markets, the investment banking and institutional securities unit of India’s Religare Enterprises, has purchased a controlling stake in South African broker Noah Financial Innovation for an undisclosed price.
Infrastructure India makes bid for wind farm operator
Specialist investment firm Infrastructure India has reportedly launched a takeover bid for independent power firm Indian Energy. Its offer is said to value the company at $12.8 million.
IDFC takes minority stake in GVR Infra
IDFC has invested INR150 crore ($40 million) into GVR Infra Projects, an unlisted engineering and construction firm, for an undisclosed significant minority stake.
Paine & Partners takes 50% of Australian fruit and vegetable producer
US-based private equity firm Paine & Partners has paid an undisclosed amount for a 50% stake in Costa Group, Australia's largest private producer of fresh fruit and vegetables. The transaction is slated to close later this year, with Costa management...
CHAMP looks to sell Australian fuel transporter for $400m - report
CHAMP Private Equity is reportedly looking to sell portfolio firm International Energy Services (IES) for A$375 million ($405 million), and has attracted interest from Australian and Asian logistics firms in the sale.
Warbug Pincus begins Kotak Mahindra divestment
Warburg Pincus has begun the divestment process of its more than 9% stake in Kotak Mahindra Bank, selling a nearly 2% stake in the open market in recent months with more to come, local media reports.
Ropes & Gray opens in Shanghai
US-based law firm Ropes & Gray has opened its third Asian office, in Shanghai, to strengthen its practice in China for clients targeting the market for business.
GE Capital names India head
GE Capital, the investment arm of General Electric, has named Anand Trivedi as its new head in India, The Economic Times Reported.
Mandolin Fund ups stake in Sino-Forest
Singapore-based Mandolin Fund has upped its stake in Toronto-listed Chinese forestry company Sino-Forest by 1%, bringing its total minority stake in the company to 10.9%, Reuters reported.
China's farms show growth potential
Got milk? Olympus Capital Holdings Asia certainly has – more than 72,000 tons of it, in fact. The private equity firm, with co-investors Mueller Milch Management and unnamed existing investors, last week took an undisclosed significant minority stake...
Collins rescues Angus & Robertson
Book, Entertainment and Stationary vender REDGroup Retail is a blot on Australia’s private equity landscape. With Collins Booksellers agreeing to buy a number of its bankrupt rival’s Angus & Robertson (A&R) franchises, perhaps the blot can finally be...
3i names Paul Su senior partner in China
3i China has appointed Paul Su as a senior partner in Beijing, joining the firm after 10 years at Credit Suisse, where he was most recently managing director and vice-chairman of investment banking in Greater China.
Nine Entertainment meets with lenders on debt repayment
Nine Entertainment’s private equity owner, CVC Asia Pacific, has taken steps to refinance the company's A$3.6 billion ($3.8 billion) in debt, The Australian reported. This comes as Adrian MacKenzie, CVC's Australia head, starts preliminary negotiations...
Hudson Clean Energy to launch in Beijing
Hudson Clean Energy Partners, a New Jersey-based renewable power PE investor, is launching an office in Beijing and has appointed Zhongmin Shen as partner to oversee its China operations.
Actis exits Asia Books in Thailand
Actis Capital and Thailand Equity Fund (TEF) have jointly exited their 100% stake in Asia Books, a leading foreign-language books and magazine vendor in Thailand, to Bangkok-based Berli Jucker Public Company.
SCPE takes minority stake in PepsiCo's top Indian bottler
Standard Chartered Private Equity (SCPE) is set to pay INR250 crore ($56 million) for a 5% stake in PepsiCo’s top bottler in South Asia, Varun Beverages International, The Economic Times reported. That commitment would value the company at more than $1...
Sequoia leads $10m investment in MoboTap
Sequoia Capital led a $10 million Series A round of financing into US- and China-based mobile browser developer MoboTap, marking the venture capital firm’s first investment in a mobile browser. Matrix Partners also participated in the funding.
Baidu's Qiyi.com to get $300m from private equity
Baidu’s is reportedly seeking $300 million in private equity funding for its online video asset Qiyi.com in an effort to bolster the site’s positioning in China’s competitive online video segment.
VantagePoint invests in MYFP Wealth Management
VantagePoint Capital Partners has invested an undisclosed sum in Beijing MYFP Wealth Management. This is MYFP's first institutional investment placement and VantagePoint’s first investment in China’s financial services sector.
Fairfax unit, headed by Raghavan, seeks Indian investments
Fairfax Financial Holdings is targeting minority or controlling stakes in listed and unlisted companies in India. Investments will be made through its subsidiary Fairbridge Capital, Mint reported.
Sun Art listing delayed due to prospectus oversight
The Hong Kong listing of China’s largest supermarket operator Sun Art Retail Group has been postponed nearly two weeks due to an error in its IPO prospectus. The company, which recently priced its offering at the top end of the range to raise $1.1 billion,...
Horsley Bridge appoints Du Chai as MD
Fund-of-funds Horsley Bridge Partners has appointed Du Chai, head of private investments and real assets at Illinois-based Northwestern University, as managing director of its investment team.