Articles by Anita Davis
Sabre Capital-backed Spring Healthcare to invest in Indian hospital groups
Sabre Capital-owned Spring Healthcare is reportedly set to infuse approximately INR100 crore ($21.6 million) in two Indian hospital groups in Tier Two cities, which could potentially give it as much as 40% in each group.
Eredene Capital appoints Paul Gismondi, Robert Arnold as non-Executive Directors
India- and infrastructure-focused PE fund Eredene Capital has appointed Lazard & Co. MD Paul Gismondi and former Willis Faber & Dumas partner Robert Arnold as non-Executive Directors.
Providence out of bidding race for Taiwan's CNS - reports
PE firm Providence Equity Partners has reportedly dropped out of the race to acquire MBK Partners-backed Taiwan cable operator China Network Systems (CNS) – an asset that could fetch up to $2 billion - leaving players Australian investment bank Macquarie...
3i to invest $86 million in Indian infrastructure firm KMC Constructions
3i Group is set to invest INR400 crore ($86.6 million) in Indian highway-infrastructure firm KMC Constructions from its $1.2 billion infrastructure fund, according to reports.
Ananta Capital sets sights on Indian chemical firm as first investment target
Ananta Capital is set to make its first investment in India – into a domestic chemicals firm – via its debut $100 fund in the market, which has yet to experience its first close.
India to set up $11 billion energy infrastructure investment fund
The Indian government is on track to launch an INR500 billion ($11 billion) infrastructure fund to finance opportunities in the burgeoning domestic power industry.
Kotak invests in real estate firms Emaar MGF and Century Real Estate
Kotak Mahindra Bank is set to inject INR250 crore ($54.7 million) into Delhi-based Emaar MGF Land Ltd. and an additional INR200 crore ($43 million) into Century Real Estate Holdings.
Private equity-backed Gujarat Pipavav Port makes strong debut onto Indian stock exchange
Gujarat Pipavav Port Ltd., a container terminal backed by PE firms including IDFC, made a strong debut on India's National Stock Exchange, trading at a 22% premium at INR56.1 ($1.21) from its INR46 ($.99) issue price.
Lunar Capital-backed juicer BPG Food & Beverages and Asian Citrus link via MOU
Lunar Capital-backed BPG Food & Beverages Holdings Ltd. has entered into a memorandum of understanding that may result in its sale to Asian Citrus, the largest orange plantation owner and orange producer in China.
Actis and Sequoia look to divest from FMCG firm Paras Pharmaceuticals
PE firms Actis Capital and Sequoia Capital are reportedly set to sell their 70% stake in Indian FMCG firm Paras Pharmaceuticals for as much as $800 million.
ChrysCapital partially divests from Bajaj Auto Finance
PE firm ChrysCapital Management has reportedly made a partial exit from its holding Bajaj Auto Finance, selling approximately half of its 9% stake in the company for $24 million to Bajaj Finserv, the financial services arm of the Bajaj Group.
Gary Stead of Shearwater Capital
Mezzanine’s role in Australia’s financing sector has grown in light of the economic crisis because, not only has it acted as an alternative to taking on senior debt – as banks became more stringent in their lending – but also to equity itself, says Gary...
Mark Chiba of The Longreach Group
Group Chairman and Partner of The Longreach Group Mark Chiba says that, despite past market performance that have prompted “disappointments,” Japan still holds a great number of opportunities for LPs, to the point that Chiba labels the market as “an overlooked...
HDFC, Ojas among Series B-round investors in Tyfone
HDFC, a division of India’s HDFC Bank which additionally counts Temasek Holdings as an investor, as well as Polaris Software Lab and Ojas Venture Partners, is set to inject $5 million into mobile payment firm Tyfone Inc. as part of a Series B round of...
MD of Macquarie SBI departs fund
Managing Director of Macquarie SBI Infrastructure Management Ambalika Banerji has reportedly resigned her Mumbai-based post after eight years with the company.
Reliance Capital to take stake in Action Construction
Reliance Capital is reportedly set to take a 3.2% stake in Action Construction Equipment Ltd. though a preferential allotment.
Indian hospital operater Fortis considers listing real estate investment trust
Indian hospital operator Fortis Healthcare – which lost the months’ long battle for Singaporean hospital asset Parkway Holdings to Malaysian SWF Khazanah Nasional in July – is considering listing its hospital land and building assets in Singapore through...
Aureos invests $2.2 million in Thai data center provider
Emerging markets-focused Aureos South-East Asia Managers Ltd. has invested $2.2 million in Thai data center provider Unitrio Technology Co. Ltd. from its South East Asia Fund.
Nan Shan a no-go for Primus
The sale of AIG's Nan Shan Life Insurance unit to China Strategic and Primus Financial Holdings was poised to be one of Asia’s biggest private equity deals of the year, but following regulators’ rejection of a consortium’s $2.15 billion bid, it may still...
Hero Honda's motor stalled
Honda’s motor has reportedly stalled in its attempt to divest its 26.21% stake in its Indian Hero Honda subsidiary as Honda, Hero Honda’s promoters, and private equity suitors have not agreed on the valuation of the stake.
Navis makes final close on $1.2 billion fund
Navis Capital Partners has announced the official close of its $1.2 billion Navis Asia Fund VI, a vehicle that surpassed Navis’s original $1 billion target fund size and further outpaced its preceding Navis V fund, which raised $1 billion in 2007.
GMR to exit waste-processing project - reports
Bangalore-based infrastructure firm GMR Energy is reportedly set to exit its waste-processing project at the Ghazipur landfill, a clean-energy endeavor it launched with its subsidiary Delhi International Airport Ltd. (DIAL) to convert solid waste into...
Indian pharma firm seeks PE investments
Pharmaceutical firm Zenox Lifesciences Limited looks to raise INR6 crore ($1.3 million) in private equity investments - funding allocated to business expansion measures such as acquisitions.
GSC Group files for Chapter 11
Asset management firm GSC Group Inc. has filed for bankruptcy.