Articles by Anita Davis
Leopard Capital closes Sri Lankan subsidiary
Leopard Capital has closed its Sri Lankan subsidiary this week, further confirming that its country fund has been suspended until further notice.
Gresham seeks buyer for New Zealand's Noel Leeming Group
Australian PE firm Gresham has reportedly appointed Macquarie Group to advise on the sale of New Zealand appliance retailer Noel Leeming Group, an asset that it has owned for seven years.
Morgan Stanley PE acquires Korean restaurant chain
Morgan Stanley Private Equity Asia (MSPEA) has acquired an undisclosed majority stake in Korean restaurant chain Nolboo.
Renuka Ramnath confirms $450m raise for Multiples
Multiples Alternative Asset Management, founded by Renuka Ramnath, former CEO of ICICI Venture, has raised INR20 billion ($450 million) for its first fund.
Chinatrust Financial plans $300m maiden VC fund
Taiwan’s third-largest financial services firm Chinatrust Financial is raising a $300 million venture capital fund – its first - targeting Taiwanese companies operating in China.
Southeast Asia takes on the neighbors
Southeast Asia is increasingly popular as an investment destination for private equity firms, but can it compete with China and India?
Baring raises $52m in Yingde sell-down
Baring Private Equity has raised HK$402.5 million ($52 million) through the block sale of Yingde Gases shares on the Hong Kong Stock Exchange, reducing its holding in the company by one third.
SKS Microfinance looks to raise $183m through share sale
The board of SKS Microfinance has approved a motion to raise an additional INR9 billion ($183.2 million) through a share sale to private institutional investors.
MAVCAP names Bujang as CEO
Malaysia Venture Capital Management (MAVCAP) has named Jamaludin Bujang as CEO, succeeding Husni Salleh, who exited the position earlier this year to become CEO of Bumiputera Agenda Coordinating Unit.
Navis acquires marketing units from Australia's Photon Group
Navis Capital Partners has purchased the field marketing and retail units of Australian marketing services firm Photon Group for $146.5 million, valuing the company at 7x EBITDA. According to Photon, the completed transaction would leave the company debt...
Mitsubishi acquires US pension fund consultancy PCG
Japanese trading group Mitsubishi Corp. will take a 70% stake in California-based private equity consultant PCG Asset Management, PCG’s CEO announced. The company will be renamed TorreyCove Capital Partners as part of the deal.
VC-backed Lashou targets $100m in US listing
Venture capital-backed Chinese group-buying website Lashou is looking to raise up to $100 million through an IPO on NASDAQ, with the proceeds to be used to expand its operating capacity and marketing.
Morgan Stanley's India real estate head to spin out own funds
The head of Morgan Stanley Real Estate Investing in India, Naresh Naik, is spinning out of the investment bank to launch independent real estate funds in the country.
VIDEO: PineBridge Investment's Michael Chae
Secondaries in Japan are gaining greater prominence given the role of the asset class in delivering returns to conservative LPs, says Michael Chae, managing director of PineBridge Investments
Navis sells King's Safetywear to Honeywell International
Navis Capital Partners has exited its undisclosed majority stake in Southeast Asian industrial footwear brand King’s Safetywear to Honeywell International for an enterprise valuation of S$430 million ($338 million).
Composition Capital launches Taiwanese real estate JV
Composition Capital Partners has entered into a real estate joint venture with an unnamed Taiwanese investment manager currently part of its portfolio.
Owners of IT specialist Hexaware to sell their stakes
The owners of publicly listed Mumbai-based IT services provider Hexaware Technologies, which include PE firm General Atlantic, are looking to sell their stakes in the company.
VC-backed 6waves buys Chinese game developer Smartron5
Venture-backed social media and gaming developer 6waves Lolapps has expanded its Asian operations via the acquisition of Beijing-based gaming firm Smartron5.
Indian tractor company seeks private equity investors
Indian tractor maker International Tractors (ITL) is reportedly in talks with global private equity investors to sell a 10% stake in itself for up to INR5 billion ($103 million).
IDG, Helion invest in Indian e-commerce start ups
IDG Ventures India and Helion Venture Partners have invested in two separate e-commerce start-ups sites last week, adding to the perception of India's online shopping space as an effective proxy for capitalizing on consumer and digital growth.
ICICI's Puri-Buch to launch Greater Pacific Singapore office
Former Managing Director and CEO of ICICI Securities Madhabi Puri-Buch will join UK-based Asian PE investor Greater Pacific Capital to set up its Singapore office.
PE-backed SkyLand starts production on China-focused movie
SkyLand, the $100 million China-focused film venture backed by Hollywood entertainment firm Relativity Media, SAIF Partners and IDG China Media, has begun production on the film "21 and Over." It is the company's first movie since announcing its partnership...
VIDEO: Globis Capital Partners' Yoshito Hori
Yoshito Hori, managing partner of VC investor Globis Capital Partners, says that Japan is a prime market for venture investing given its talent and landscape for innovation. He stresses that - despite arguments to the contrary - Japan’s venture space...
GIC takes 20% of PE-owned aircrafter leaser Avolon
The Government of Singapore Investment Corporation (GIC) has paid $300 million for a 20% stake in Dublin-based aircraft-leasing group Avolon. The company is owned by private equity firms CVC Capital Partners, Civen and Oak Hill Capitall Partners.