Articles by Tim Burroughs
Buyout approvals: Holding pattern
Taiwan’s Financial Supervisory Commission has put forward guidelines intended to make the approvals process for PE-backed take-privates more transparent. Industry participants are cautiously optimistic
Taiwan consumer: Dining out
Various PE firms have found success supporting Taiwan consumer brands in mainland China. But the food and beverage segment is an example of how picking the team, theme and time can make all the difference
Taiwan PE: Exit issues
For private equity investors in Taiwan, getting money out can be just as much of a concern as getting it in
KKR makes $90m China fish food investment - update
KKR has made a fifth investment intended to leverage rising food quality and safety in China by taking a significant minority stake in Yuehai Feed Group, which primarily supplies shrimp farms, for about $90 million.
KKR backs Australia ultrasound start-up
KKR has committed $35 million to Signostics, an Australian medical technology company that produces hand-held devices used to conduct ultrasound tests and bladder scans.
Morrison & Foerster hires fund formation lawyer from Proskauer
Morrison & Foerster has hired Jason Nelms as a Hong Kong-based partner in its global fund formation practice. He joins from Proskauer in New York.
Taiwan's NDF joins round for smart scooter manufacturer
Taiwan’s National Development Fund (NDF) has participated in a $130 million Series B round of funding for Gogoro, a local electric scooter manufacturer.
PE value-add programs still at early stage in Asia - survey
PE firms are increasingly aware of the importance of value creation at portfolio company level in Asia, but many accept that their programs in this area have yet to reach maturity, according to a new survey.
Sailing supports securities JV in Shanghai Free Trade Zone
Sailing Capital, a private equity firm backed by Shanghai International Group, has agreed to invest in a joint venture securities company based in the Shanghai Free Trade Zone.
WuXi Pharmatech wins endorsement for PE-backed take-private
The proposed privatization of WuXi PharmaTech, a China-based provider of contract R&D services to the global pharmaceutical sector, has won the support of two major shareholder proxy advisory firms.
Vision Knight-backed Zhong Ao launches HK IPO
China-based property manager Zhong Ao Home Group, which received a pre-IPO investment from Vision Knight Capital earlier this year, is looking to raise up to HK$459.2 million ($59.2 million) through a Hong Kong offering.
HarbourVest makes two promotions in Asia
HarbourVest Partners has promoted two Asia-based professionals – Minjun Chung and Kanji Takenaka, who focus on South Korea and Japan, respectively – to principal.
Formation 8's Brian Koo launches Asia-focused VC firm
Brian Koo, co-founder of Formation 8, has launched a new venture capital firm that will invest in a smaller portfolio of Asia-focused companies with a view to accelerating growth through deep operational involvement.
Townsend Group backs KKR's India real estate NBFC
KKR has signed up another partner for its India-focused real estate non-banking finance company (NBFC), with US-based investor The Townsend Group agreeing to commit capital.
Australia's Atlassian files for US IPO
Atlassian, an enterprise software company founded in Sydney by two Australian entrepreneurs, has filed for a NASDAQ IPO. Accel Partners is the most significant venture capital investor in the business with a 12.5% stake.
Placement agent First Avenue opens Hong Kong office
Private placement agent and advisory firm First Avenue has opened an office in Hong Kong. It will be led by Michael Henningsen, previously a managing director at Park Hill Group.
Profile: Navegar's Honorio Poblador IV
The launch of Philippines-focused Navegar represented another breakthrough for Asian private equity. For Honorio Poblador IV, the firm’s managing partner, it was more than a decade in the making
Deal focus: KKR eyes Asia content
KKR teams up with The Chernin Group to create Emerald Media, a growth investment platform dedicated to Asia's media and entertainment industry
Evergreen funds: The long hold
The notion of patient or permanent capital draws interest from both GPs and LPs, but evergreen funds are rare in the US and even rarer in Asia. This state of affairs is unlikely to change any time soon
Money troubles: PE compensation
A lack of transparency over compensation - or just a lack of compensation - is partly responsible for the still relatively high turnover in Asian private equity
Sankaty to buy GE's Australia, NZ commercial lending portfolio
Sankaty Advisors, the global credit affiliate of Bain Capital, has agreed to buy GE Capital’s commercial lending and leasing portfolios in Australia and New Zealand.
Placement agent Eaton agrees sale to Stifel
Placement agent and advisory firm Eaton Partners has agreed to be acquired by Stifel Financial Corp, a US-listed financial services holding company with a strong presence in investment banking and wealth management.
Korea's NPS loses chairman, CIO
South Korea’s National Pension Service (NPS) is recruiting a new chairman and CIO after the two incumbents stepped down due to tensions over strategy.
Fairfax India seeks controlling stake in ADI Finechem
The India unit of Canada-based Fairfax Financial Holdings has agreed to buy a 44.66% stake in chemicals manufacturer ADI Finechem for approximately INR1.3 billion ($20 million).