Articles by Anita Davis
Godrej Properties looking for PE partner - report
Godrej Properties is reportedly looking to exit up to 49% of a commercial realty project in Mumbai to a private equity investor by March as part of a capital-raising initiative.
VIDEO: PE's top names sound off on Asian talent
Asia has been a major recipient of capital in recent years given the growth potential of key markets, but the region's top professionals aver that finding an experienced fund manager to deploy these dollars remains a key issue.
NSR co-founder Rajat Gupta indicted for insider trading
Chairman and Co-Founder of New Silk Route (NSR) Rajat Gupta was indicted for insider trading by a US federal court on Wednesday. He is charged with one count of conspiracy and five counts of securities fraud.
Lone Star sells distressed Japanese golf course asset PGM
Lone Star will divest its 64% stake in distressed Japanese golf course operator PGM Holdings to pachinko pinball machine maker Heiwa Corp. for JPY39.5 billion ($521 million).
Affinity buys Australian meats producer
Affinity Equity Partners has ramped up its consumer portfolio in Australia through a 70% stake acquisition in top deli meats producer Primo Smallgoods, for a price that values the company at A$740 million ($758 million).
India's Kiran Energy gets $50m from PE consortium
Argonaut Ventures, Bessemer Venture Partners and New Silk Route Partners have invested $50 million in Kiran Energy Solar Power, a solar power project developer in India.
VIDEO: PE's top names on the key challenges in Asia
In the lead-up to 24th-annual AVCJ Forum 2011, held in Hong Kong November 7-11, AVCJ TV asks private equity’s top fund managers about the major challenges facing the industry.
Lone Star may be told to sell down KEB stake next month - report
South Korean regulators may order Lone Star to sell down its 51% stake in Korea Exchange Bank (KEB) to less than 10% next month. The move comes after the US private equity fund was found guilty of manipulating KEB’s stock price ahead of purchasing the...
Matrix India invests $12m in womenswear firm
Matrix Partners India has invested INR600 million ($12 million) in domestic womenswear brand TCNS Clothing, marking the company’s first institutional round of funding.
MBK's CNS exit may be stalled - report
MBK Partners’ exit from Taiwanese media group China Network Systems (CNS) may again face delays, as regulators have called into question Want Want China Holdings’ intentions for the asset.
VIDEO: CNEI's Xiaoyang Yu
Xiaoyang Yu, founding partner of growth-focused China New Enterprise Investment (CNEI), says that crowding and a lack of transparency are among the key challenges facing the private equity industry in China. She insists that, when it comes to due diligence,...
KKR to boost focus on special sits in China
KKR is set to bolster its special-situations capabilities in Hong Kong in anticipation of a downturn in China.
Advantage, Bain, Olympus in second-round bidding for Yayoi
Advantage Partners, Bain Capital and Olympus Capital have reportedly advanced into the second round of bidding for MBK Partners-owned Japanese accounting software developer Yayoi, which is expected to be one of the biggest sales in the market this year....
Bain acquires Japan's Skylark for $2.1b in equity
Bain Capital has officially acquired 100% of Japanese restaurant chain Skylark from Nomura Principal Finance for an equity value of JPY160 billion ($2.1 billion). It is the largest buyout in Japan since the onset of the global financial crisis.
Delhi overshawdows Bangalore as startup hub
Delhi has overtaken Bangalore as India’s hub for technology startups, with at least 220 companies launched in Delhi over the past three years compared to 159 in Bangalore, new research finds.
GVK to divest 26% stake in airport arm to PE for $600m
GVK Power & Infrastructure is looking to divest an approximate 26% stake in its airport subsidiary GVK Airport Developers – the largest stakeholder in the Mumbai and Bangalore airports. The company is in talks with four private equity suitors over the...
GIC, Morgan Stanley consider Mumbai real estate asset
Morgan Stanley and the Government of Singapore Investment Corp. (GIC) are among the suitors to purchase real estate in central Mumbai from domestic textile firm Alok Industries for $200 million, Reuters reported.
Q&A: Sanjiv Kapur of Wolfensohn India Advisors
Sanjiv Kapur, managing director of Wolfensohn India Advisors, explains how private equity firms can keep their investors and their investment professionals happy
VCs monetize energy efficiency
Chinese government incentives to firms operating in the energy-efficient vehicles industry have been generous. Is there a catch?
Japanese industries see post-earthquake renewal - AVCJ Japan
Japan’s private equity industry is anticipating greater changes in the aftermath of the March 11 earthquake and tsunami.
Corporate Japan urged to look overseas – AVCJ Japan Forum
The need for Japanese companies to expand overseas into fast-growing Asian markets emerged as a key theme on the opening day of the AVCJ Japan Forum, which takes place today and tomorrow in Tokyo.
Road operator Ashoka Buildcon seeks $150m
Indian roads and bridges operator Ashoka Buildcon has entered talks with potential private equity and strategic investors to raise $150 million to finance seven road projects.
Tokio Marine targets $903m Showa Yakuhin Kako sale - report
Tokio Marine capital has launched the sales process for its 50% stake in Japanese drug producer Showa Yakuhin Kako, targeting up to JPY70 billion ($905 million), according to Reuters.
TPG targets up to $5b for Asia-focused fund
TPG Capital is reportedly raising the largest Asia-focused fund since the onset of the global economic crisis, targeting $4-5 billion.