Articles by Anita Davis
Mekong Capital makes fourth exit from Enterprise Fund
Vietnam-focused Private Equity firm Mekong Capital has exited its stake in Minh Phuc Printing and Packaging Company to an unnamed domestic investor.
Intel Capital backs Chinese mobile startup
Intel Capital, the VC arm of US-based Intel Group, has pledged $26 million to six mobile media startups globally, including Beijing-based Android software integrator for mobile devices Borqs Ltd.
Blackstone names ING's Martin Donnelly MD in Sydney
The Blackstone Group has hired ING Investment Management Australia's Deputy CEO Martin Donnelly as a Managing Director in its Sydney office, charged with heading business development and client relations in Australia and the Pacific Rim for Blackstone...
India Equity Partners to take over Innovative Foods
India Equity Partners is reportedly set to take a majority stake in Innovative Foods, a processed foods firm currently owned by Tata Group, for INR75 crore ($16.5 million).
Steven Ji made Partner at Sequoia
Managing Director of Sequoia Capital China Steven Ji has been promoted to the role of Partner, the VC major confirmed to AVCJ.
Carlyle-, Partners-backed China Forestry under investigation
The CEO of the Carlyle- and Partners Group-backed company China Forestry Li Han Chun has had $51 million worth of assets frozen after the Hong Kong Securities and Futures Commission uncovered potential auditing irregularities leading to the suspension...
Fortress considers fund for PRC senior citizen housing
Alternative assets manager Fortress Investment Group is considering raising $1 billion for a vehicle that would focus on housing investments for China’s elderly citizens, according to the Financial Times.
VIDEO: Adams Street Partner's T. Bondurant French
'Bon' French, CEO of Adams Street Partners, discusses Asia's role in the global LP's allocation strategy, and why his opinion on megafund investing has changed.
Investing without rose-tinted glasses
The CEO of global LP Adams Street Partners T. Bondurant French sits down with AVCJ to discuss allocation strategies, the PE industry’s challenges and how his wariness of global mega funds paid off post-crisis.
CVC, RBS plan Samsonite's Hong Kong IPO with potential advisors
CVC Capital Partners and the Royal Bank of Scotland are reportedly set to meet with investment banks to prepare for the IPO of global luggage brand Samsonite on the Hong Kong Stock Exchange – a public debut expected to raise more than $1 billion.
Bright Food, PE may eat yogurt with Yoplait
Shanghai-based Bright Food Group Co. has entered a bid to buy 50% of French food giant Yoplait, backed by Europe-focused PE firm PAI Partners. The transaction would value the company at approximately $2.3 billion – the highest of nine bids that have so...
CVC enters MOU to offload Magnum
CVC Capital Partners has reportedly entered into an MOU with Malaysian Multi-Purpose Holdings Berhad (MPHB) to sell its 47% stake in gaming forecaster Magnum Corp. MPHB also looking to take the 2% stake held by Magnum’s management, giving it 100% ownership...
Affinity to exit Singaporean shipping operator, Jaya Holdings
Affinity Equity Partners is reportedly negotiating with potential buyers to sell its 54.7% stake in Singapore’s Jaya Holdings – a fiscally strained shipping operator – which it has held for more than four years.
First Reserve launches Asia unit in Hong Kong
Energy-focused private equity firm First Reserve Corp. is to launch First Reserve Asia Limited this month, opening an office in Hong Kong. This will be its first bureau the region.
Paul Capital hires two for India sourcing
Global secondaries investor Paul Capital has bolstered its India talent with the appointment of Anand Sunderji and Akshat Shukla as regional sourcing agents, both charged with evaluating secondary PE transactions across the market.
Centro shortlists Blackstone, Morgan Stanley and NRDC - reports
Australian shopping mall owner Centro Properties Group has shortlisted three investors to bid for its 600 properties in the US: the Blackstone Group, Morgan Stanley and NRDC Equity.
Headland, NEA in ValueFirst financing round
Headland Capital Partners Limited (Headland), formerly known as HSBC Private Equity (Asia) Limited, has committed INR 70 crore ($15.4 million) to Indian mobile messaging and communication firm ValueFirst Messaging Pvt. Ltd., with current investor New...
BC Partners' Fitness First to go public in Singapore
More than six months after UK-based BC Partners announced its intention to take investee Fitness First, touted as the world’s largest gym franchise, public on an Asian exchange, the firm has submitted papers for Fitness First to make its debut onto the...
Aditya Birla invests in energy equipment manufacturer
Aditya Birla Private Equity has injected INR625 million ($13.8 million) in Bhopal-based GEI Industrial Systems Ltd., a maker of equipment for the energy sector.
Bain, GIC poised to take stake in India's Hero Honda
Bain Capital and the Government of Singapore Investment Corporation (GIC) are reportedly nearing a deal with Hero Honda’s promoters, the Munjal family, to buy an up-to 12% minority stake in the motorcycle company. According to local and global reports,...
Unitas and OTPP wave good-bye to stake in Yellow Pages
LESS THAN FOUR YEARS AFTER UNITAS Capital and the Ontario Teachers Pension Plan (OTPP) completed New Zealand’s largest leveraged buyout – paying a whopping NZ$2.1 billion ($1.57 billion) for the country’s Yellow Pages franchise – the private equity funds’...
Carlyle buys AlpInvest, becomes LP
ALPINVEST, THE NETHERLANDS-BASED fund-of-funds, has been acquired by the Carlyle Group, which simultaneously makes its foray onto the LP side of the private equity industry.
Mount Kellet invests in mine with a history
PRIVATE EQUITY FIRM MOUNT KELLETT Capital Management has injected $100 million in a unit of Vietnamese consumer-product and financial services holder Masan Group.
Investing without rose-tinted glasses
The CEO of global LP Adams Street Partners, sits down with AVCJ to discuss allocation strategies, the PE industry’s challenges and how his wariness of global mega funds paid off post-crisis.