Articles by Anita Davis
Tata Opportunities Fund makes second close at $550m
Tata Capital has completed the second close of its latest private equity vehicle, the Tata Opportunities Fund LP, at $550 million.
PE-backed Affle gets $10m from Japan's D2 Communications
Japanese mobile advertising company D2 Communications (D2C) has invested more than $10 million in Singapore-headquartered Asian mobile media firm Affle. It joins existing backers Microsoft, Itochu Corp., Bennett Coleman & Company and Centurion Private...
Accel nears close of $150m early-stage India fund
Accel Partners is reportedly on track to raise its first India-dedicated fund - a $150 million early-stage investment vehicle – and is expected to announce a close in the coming weeks.
Baring group looks to exit Singapore-based Courts Asia
A unit backed by Baring Private Equity and a consortium of investors is looking to sell Singapore-based furniture and electronics franchise Courts Asia for more than S$500 million ($382 million).
ASK Group, Pravi Capital to launch joint PE fund
Mumbai-based financial services firm ASK Group has teamed with Pravi Capital Advisors to launch a private equity fund, with a view to investing $200 in domestic companies.
Blackpeak appoints Martin del Rosario as director
Newly launched regional advisory firm Blackpeak Group, which focuses on corporate, private equity and hedge fund clients, has appointed Martin del Rosario, Marsh Inc’s former private equity and M&A head for Greater China, as a director based in Hong Kong....
Partners Capital opens in Hong Kong
Partners Capital, a private investment office with more than $7 billion of assets under management, has opened a branch in Hong Kong, its first in Asia Pacific.
BC Partners scraps listing plan for Fitness First, seeks buyers
European private equity investor BC Partners has canceled its planned GBP$1 billion ($1.6 billion) listing of global gym chain Fitness First on the Singapore Stock Exchange, and is now seeking buyers for the asset.
Navis plans for King's Safetywear exit - report
Navis Capital seeking buyers for Southeast Asian footwear brand King’s Safetywear.
Sumitomo Mitsui looks to acquire distressed lender Promise Co.
Sumitomo Mitsui Financial Group, Japan’s second-largest lender, will make a $2.6 billion tender offer for all shares it does not already own in distressed consumer lender Promise Co.
Blue River Capital names Raman Madhok as MD
Blue River Capital, a Mumbai-based private equity investor, has appointed Raman Madhok as managing director, charged with strengthening the firm's India business.
Mobeam gets venture capital from Asian, US funds
Mobile coupon and scanning technology developer Mobeam has closed a $4.9 million Series A venture round from Samsung Ventures, the investment arm of Korean tech giant Samsung, Mitsui, a Japanese corporate conglomerate, and US-based yet2Ventures.
Intel Capital invests $20m in Indian tech companies
Intel Capital has invested $20 million in six Indian companies, including semiconductor company Saankhya Labs and Testing Czars, a mobile application provider.
MLC Private Equity invests in search engine Blekko.com
MLC Private Equity, a division of the National Australia Bank, has participated in a $30 million round of funding for search engine Blekko.com, alongside the likes of Russian internet company Yandex.
Temasek, General Atlantic execs depart to launch independent fund
Head of Temasek India Manish Kejriwal and General Atlantic Managing Director Sunish Sharma have reportedly resigned their positions to spin off their own independent fund.
Actis bolsters its Beijing-based operations team
Emerging market investor Actis has expanded its Beijing-based team with the appointment of Chester Fong as senior advisor to the consumer division and Angus Or as a director in its value creation group.
Aureos invests in Filipino cosmetics retailer HBC
Aureos South East Asia Fund II has purchased a 33% stake in Filipino cosmetics retailer HBC Inc. for $7 million.
Matrix invests in Indian mobile app developer U2opia
Matrix Partners India has invested an undisclosed sum in handset application developer U2opia Mobile, marking the company's first round of institutional funding.
Indian NBFC Indostar gets funding from CDIB Capital
Hong Kong-headquartered CDIB Capital has closed an undisclosed investment in India-focused non-banking finance company (NBFC) Indostar Capital Finance in a bid to capitalize on the country’s growing credit market.
Olympus, India Value Fund back DM Healthcare
Olympus Capital Holdings is considering purchasing a minority stake in Indian hospital owner DM Healthcare for INR600 billion ($125 million).
VC-backed Newsummit in $100m JV with US biomed fund
Sequoia-backed Newsummit Pharmaceutical Group, a biomed developer based in Shanghai, has partnered with Cleveland Bio Fund (CBF) to launch a $100 million vehicle to invest in American medical device companies.
Indian drug maker Vivimed gets $25.8m from private equity
NYLIM Jacob Ballas India Fund and Kitara Capital have committed INR1.27 billion ($25.8 million) to Indian pharmaceutical firm Vivimed Labs.
Telecom firms struggle to offload towers
India’s cellular towers are crucial in supporting its burgeoning mobile market, but when it comes to selling these assets, operators find that less may be more
Goldman Sachs invests $202m in India's ReNew Wind Power
Goldman Sachs’ private equity arm has committed INR10 billion ($202 million) for a majority stake in Indian start-up ReNew Wind Power, marking one of the largest investments into the country’s clean energy sector.