Articles by Anita Davis
Aureos invests $10 million for minority stake in Central Indian hospital group
Emerging markets-focused PE firm Aureos Capital has invested $10 million for a minority stake in BSR Super Speciality Hospitals Ltd.
Blackstone charges Michael Chae with leading PE practice in Asia
Senior Managing Director in the Blackstone Group’s private equity group Michael Chae has been elevated to the role of Head of Private Equity in Asia, relocating to Hong Kong from New York for the role.
Religare Capital names Anwar Head of Middle East
Religare Capital, a subsidy of Indian financial services group Religare Enterprises, has named Shehzad Anwar as the head of its Middle East business, charged with bolstering its regional practice.
Greater China IPOs triple numbers in the US
Exchanges on the mainland and Hong Kong have together raised nearly $120 billion to date in 2010, while the US has raised just $42 billion, a disparity that showcases the shift from slower-growth, developed economies to high-growth, emerging markets....
Dragon Capital raises $60 million in exits in 2010
Vietnam-focused investment firm Dragon Capital (DC) has exited $60 million worth of PE holdings in 2010, with two of its three exits occurring last month, in the Hanoi-based Landmark Apartment Building and domestic dairy major Vinamilk.
AltoBeam gets $6 million in Series C round of venture funding
US Venture Partners (USVP) has led a $6 million Series C round of funding in AltoBeam, a Beijing-based media-transmission and semiconductor developer.
Actis set to invest $125 million in SuperMax - reports
The same week that London-headquartered Actis announced its exit from Paras Pharmaceuticals, reports have surfaced that the emerging markets investment firm is set to inject up to $125 million for a minority stake in SuperMax Corp., a maker of shaving...
Australia's Quadrant closes $746 million buyout fund
Sydney-based Quadrant Private Equity is set to close an A$750 million ($746.3 million) buyout fund, Quadrant 6, with mid-market firms in the service sector among its expected targets.
New Enterprise Associates beats competitors to invest $50 million in TutorVista
VC firm New Enterprise Associates (NEA) is set to invest $50 million in Indian education platform TutorVista Global, reportedly besting firms such as Baring Private Equity Asia, ICICI Venture, Multiples Alternative Asset Management, Standard Chartered...
VC-backed social networking giant Oak Pacific next in line for IPO
Oak Pacific Interactive is the latest VC-backed Chinese powerhouse with aspirations of a public listing in 2011, with reports suggesting that an IPO may be launched as early as the first quarter.
KKR considers raising bid for Australia's Perpetual - reports
Less than two months after Australian investment group Perpetual Ltd. branded the $1.73 billion takeover offer by Kohlberg Kravis Roberts & Co. (KKR) as too low, KKR is now reportedly considering raising its offer based on new data from Perpetual – yet...
Blue River Capital hires Ramasundar as Director
Blue River Capital India Advisory Services has hired Ram Ramasundar, former executive at firms such as Unilever and Pepsi, as Director.
SWF-backed ZhengTong Auto earns $470 million in IPO, trades at slight premium
ZhengTong Auto Services Holdings, backed by institutions such as sovereign wealth funds the China Investment Corp., Government of Singapore Investment Corp. (GIC) and Singapore’s Temasek Holdings, has raised $470 million from its IPO, and saw its share...
New Enterprise Associates plan IPOs for China's Redbaby, Uni-Power
Two Chinese companies backed by US-based venture capital firm New Enterprise Associates (NEA) – digital retailer Red Baby and financial consulting firm Uni-Power – are set to make their public-market debuts next year.
Hony's second RMB fund targets Chinese firms' overseas aspirations
One month after Chinese buyout major Hony Capital announced that it would raise an RMB10 billion ($1.5 billion) yuan-denominated fund – it’s second – the Beijing-based firm has confirmed that the fund will target PRC companies looking to ramp up exposure...
VC-backed Youku raises $203 million in IPO, trading at a high premium to opening price
The same week that China’s Dangdang.com was touted as one of the largest IPOs to come out of the New York Stock Exchange this year, the public debut of Youku.com achieved the same acclaim, raking in $203 million.
3i CEO Michael Queen talks infrastructure in India
Off the back of 3i Group’s announced $1.5 billion Indian infrastructure fund, CEO Michael Queen speaks candidly with AVCJ about the firm’s ramped-up allocation in India and why placing bets on infrastructure is the right move.
India and the China Factor
While China and India are very different markets, what they do have in common is their competition for LP investment dollars by funds with a regional mandate.
The great India debate
Private equity investment deals in India may be tricky, expensive and atypical compared to the standard private equity model, but they are potentially lucrative and poised to become even more attractive.
First AVCJ Indian Private Equity & Venture Capital Awards showcase performance, strength with Sequoia, ICICI, Chandwani wins
AVCJ’s first-ever annual Indian Private Equity & Venture Capital Awards saw distinguished wins for firms including Sequoia Capital, ICICI Venture and KPMG.
Hopu, Temasek among investors in Chinese juicer Asian Citrus
Eight investors, including Hopu Investment Management and Singaporean SWF Temasek Holdings, have purchased HK$1.55 billion ($200 million) worth of shares in Asian Citrus, the largest orange plantation owner and orange producer in China, to provide the...
Carlyle-backed Claris Lifesciences makes strong debut as IPO looms
Carlyle Group-backed Claris Lifesciences Limited, maker of injectable medications, has raised an initial INR539 million ($11.8 million) through share sales to four anchor investors, coming as the company looks to raise a total of INR3 billion ($65.7 million)...
SEA retail is harder than it seems
When it comes to retail in Southeast Asia, private equity seems to face an uphill battle.
US VC firms link with Foxconn holder Hon Hai
Three California-based venture capital firms have linked with Taiwan’s Hon Hai Precision Industry Co. - the world’s largest electronic manufacturing company and owner of the embattled Foxconn International Holdings - to aid the development of new products...