Articles by Anita Davis
GIC to bolster focus on Asia's emerging markets
The Government of Singapore Investment Corp. (GIC) has bolstered its focus on investments into Asia’s emerging markets, and aims to continue taking on more equity risk in hopes of garnering higher returns, GIC revealed in conjunction with its annual report....
Aureos, IFC among investors in Auro Mira Energy
Baring-backed Indian renewable energy firm Auro Mira Energy Company has received an extra $21 million from a consortium of investors made up of Aureos Capital, the World Bank’s International Finance Corporation (IFC) and ePlanet Ventures.
Aureos exits 34% stake in Indian pharma research firm Accutest
Aureos Capital has fully exited its 34% stake in Indian clinical research group Accutest Research Laboratories to investment firm Greater Pacific Capital Ltd. for an undisclosed amount.
IndoUS Venture Partners invests $5.4 million in video and imaging services firm
IndoUS Venture Partners has invested INR25 crore ($5.4 million) in Monarch Innovative Technologies, which develops services and products for the broadcast and photography industries.
ICICI Investment Management makes first close for Emerging India Fund at $50 million
ICICI Investment Management has raised $50 million for the first close of its Emerging India Fund, its mid-market, growth capital-focused vehicle with a $100 million corpus.
ICICI, PE-backed Arch Pharmalabs gets $14.3 million from Mitsui
Japanese trading firm Mitsui has taken a 5% stake in PE-backed Indian pharmaceutical producer Arch Pharmalabs for some INR65 crore ($14.3 million), coming ahead of Arch’s planned IPO early next year.
TPG set to make $69 million through Parkway Life exit
TPG Capital is reportedly looking to offload its 9.3% stake in Singapore-based healthcare REIT Parkway Life, via a sale that could fetch as much as S$91.1 million ($69 million).
KKR, Bain, others vie for mid-cap investment in aero-focused Quest Global
Bain Capital, ChrysCapital, Kohlberg Kravis Roberts & Co., and Warburg Pincus are said to be competing to make an up-to $75 million investment in aeroengineering and manufacturing consultancy Quest Global - a unique scenario, as such global funds have...
ChrysCap follows SCPEL in partial exit from Mahindra & Mahindra
Days after Standard Chartered Private Equity was said to be in the process of partially exiting its stake in Indian rural-focused, auto finance firm Mahindra & Mahindra Financial Services, news has surfaced that ChrysCap has also partially exited the...
Patrick Alexander of Batavia Investment
Managing Partner of Batavia Investment Management Patrick Alexander says that now is a prime time to investment in Indonesia, because the market is now large enough to offer a range of opportunities, especially when it comes to mid-sized deals.
GP/LP Faceoff: Investing Indonesia
AVCJ spoke to four prominent GPs and LPs to ascertain their real thoughts on investments into Indonesia.
ICICI hospitality asset Delta Corp. raises $62.6 million
ICICI Ventures-backed hotel and casino owner Delta Corp. is looking to raise INR285.5 crore ($62.6 million) via the sale of convertible warrants to a group of unidentified buyers.
VC Hunt to take 27% stake in Indian hotel chain
Acumen Capital division VC Hunt is set to inject INR32 crore ($7 million) for a 27% stake in an unnamed hotel chain with operations in the coastal territories of Kerala and Goa.
Ashok Aram departs Abraaj Capital, returns to Deutsche Bank
Middle Eastern PE major Abraaj Capital’s MD Ashok Aram has resigned from the firm to join Deutsche Bank as its CEO for its Middle East and North Africa business.
3i India exits 6.6% stake in steel pipe maker Welspun Corp.
UK private equity firm 3i Group has exited its 6.6% stake in Indian steel pipe producer Welspun Corp. Ltd. for an undisclosed amount, coming three years after it first invested INR350 crore ($76.8 million) in the company.
India's Highstreet nearing first close on India Infra Fund
Highstreet Capital, a new Indian private equity firm, is nearing a $50-70 million first close on its first fund, the India Infrastructure Fund, with sponsors and anchor investors the Bhartia family, promoters of Jubilant Organosys and Life Insurance Corp....
Intel Capital eyes $10 million investment in e-commerce site OkBuy
Chinese e-commerce player OkBuy Information Technology Co. may receive $10 million from Intel Capital as part of a second-round fundraising exercise in which other investors have also been approached, according to reports.
Australia's Future Fund GM Paul Costello to depart
The GM of Australian sovereign wealth fund Future Fund Management Agency, Paul Costello, has handed in his resignation, leaving the A$87 billion ($82.3 billion) fund looking hard to find a replacement by the year’s end.
SingTel to launch $150 million tech-focused VC fund
Telecommunications giant SingTel is set to raise an S$200 million ($150 million) VC vehicle – the SingTel Innov8 venture fund – focused on tech startups that will additionally garner it access to new and developing technologies to promote its business....
Alinta seals asset sale deal with TPG consortium
Australian power major Alinta Energy has reached agreement with the TPG Capital-led consortium of its creditors, also including Oaktree Capital and Anchorage Advisers, to sell the majority of its assets into a new company owned by the consortium.
Godrej Group launches $50 million Omnivore Capital agri VC fund for India
Indian conglomerate the Godrej Group – which produces goods ranging from appliances to furniture to healthcare goods – is set to make its foray into the VC arena, launching a $50 million fund that will reportedly target agricultural technology companies....
Kotak Realty Funds set to exit two real estate investees
Kotak Realty Funds Group is set to exit two of its real estate investments, both IT parks in Tier One cities in India.
Standard Chartered Private Equity begins partial exit from Mahindra & Mahindra Financial Services
Standard Chartered Private Equity is reportedly in the process of partially exiting its stake in Indian rural-focused, auto-finance firm Mahindra & Mahindra Financial Services, for an estimated 2.2x return on its investment.
Navis makes it to second round of Carrefour Southeast Asia bid
Navis Capital Partners is reportedly among the shortlisted contenders for French hypermarket chain Carrefour’s Southeast Asian operations, coming after Carrefour narrowed the field of bidders for its assets, which could draw up to $1 billion.