Articles by Tim Burroughs
China and CFIUS: Regulatory risks
With Chinese outbound M&A at record levels, prospective buyers of assets in the US must be careful in assessing the possibility of regulators obstructing their deals
Q&A: BHR Partners' Jonathan Li & Xin Wang
BHR Partners was set up as an extension of Bohai Industrial Investment Fund to support Chinese companies going overseas. CEO Jonathan Li and Managing Partner Xin Wang explain the strategy
China cross-border industrial buyouts: Strategic rationale
Chinese outbound investment in advanced technology assets is soaring, but the patchy nature of deal flow underlines the gulf in class between those that aspire to do deals and those that get them done
China cross-border shopping platform gets $15m
California-based Chinese cross-border shopping platform 55Haitao has raised $15 million in Series A funding from JJ Capital, a VC arm of Chinese game developer JJ.
Markus Ableitinger joins placement agent Pyramid
Markus Ableitinger, formerly an Asia-based managing director with Capital Dynamics, has joined placement agent Pyramid Private Equity Partners as an associate partner. He will continue to focus on Asia.
SAIF seeks $800m for China fund
SAIF Partners is targeting $800 million for its fifth Greater China fund, which will make growth investments in the technology, healthcare and cleantech sectors.
GIC to invest $387m in Indonesian retailer
Singapore’s GIC Private has agreed to invest IDR5.2 trillion ($387.4 million) in Trans Retail, a hypermarket operator controlled by Indonesian conglomerate CT Corp.
Japan's Mitsui Fudosan launches VC fund with Global Brain
31 Ventures, a venture capital firm sponsored by Japanese property developer Mitsui Fudosan, has launched a JPY5 billion ($44 million) fund with Global Brain Corporation that will invest in start-ups globally.
Asian pension funds to boost alternatives exposure - survey
Pension funds in Asia Pacific expect to increase their allocations to alternative assets over the next three years as part of efforts to boost returns and cover their liabilities, according to a new survey.
Australia services: Roll-up rapport
As Australia rebalances its economy in the wake of the commodities downturn, services are coming to the fore. Private equity investors continue to see consolidation opportunities
Q&A: Archer Capital's Peter Wiggs
Peter Wiggs, CEO of Archer Capital, on why the IPO slowdown has helped PE deal flow, the attractiveness of education and healthcare, and recently spun-out Archer Growth
Australian PE: Under the spotlight
The rapid descent of Dick Smith Electronics from a $500 million valuation to bankruptcy has led to sharp criticism of private equity. Once again, the industry must explain why it isn’t the bad guy
China's Impact Therapeutics get $10m Series B round
Existing backer Lilly Asia Ventures has been joined by new investors, including China Summit Capital, in a $10 million Series B round of funding for Impact Therapeutics, a China-based cancer drug developer.
Asia Climate Partners backs India's ColdEX Logistics
Asia Climate Partners, a fund set up by the Asian Development Bank (ADB), Orix Corp, and Robeco Institutional Asset Management, has invested in India-based cold chain provider ColdEX Logistics.
Anacacia backs MBO of Australian timber player
Anacacia Capital has supported a management buyout of Big River Group, an Australia-based manufacturer of construction materials. The deal comes as the GP is said to be readying its third fundraise, targeting A$250-300 million ($179-215 million).
Asian GPs want training from fund administrators - survey
More than one third of Asia-based GPs would like fund administrators to provide additional training services, a demand that likely reflects growing concerns in the region about tax regulation, according to a survey.
Australia's Future Fund makes secondary sale to CPPIB - report
Australia’s Future Fund exited A$1 billion ($712 million) worth of fund positions from its private equity portfolio last year, with Canada Pension Plan Investment Board (CPPIB) picking up the assets.
VIG set for 2.5x return as Affinity agrees to buy Burger King Korea
VIG Partners – formerly known as Vogo Investment – has agreed to sell the Burger King master franchise for Korea to Affinity Equity Partners, securing an approximately 2.5x return on its investment.
Sequoia-backs $1b take-private bid for China's Jumei
Sequoia Capital is supporting a take-private Chinese online beauty products retailer Jumei International that has been launched by the company’s founders. It values the US-listed business at approximately $1 billion.
Ascendent sees 5x return on China high-speed rail investment
Ascendent Capital Partners has completed its exit from Nano Resources, a components manufacturer for high-speed trains, generating a more than 5x return.
Blackstone buys New Zealand retirement villages from Lend Lease
The Blackstone Group has agreed to buy a portfolio of five retirement villages in New Zealand from Australia-listed property and infrastructure group Lend Lease Group.
VIDEO: Doughty Hanson's Adam Black
When Adam Black joined Doughty Hanson & Co seven-and-a-half years ago as partner and head of sustainability, the firm received 5-6 questionnaires per year from LPs on environmental, social and governance (ESG) issues. That number has since quadrupled
Direct exposure: Family offices and co-investment
Wary of blind pools and keen to play a more active role in private equity, family offices are considering direct investment opportunities. Strategies and capabilities vary, as does the level of risk
TPG's Sing Wang named CEO of China Minsheng Financial
Sing Wang, who until last year was co-chairman for Greater China at TPG Capital and head of TPG Growth in North Asia, has joined China Minsheng Financial Holding as CEO.