Articles by Allen Lee
The RMB and Chinese private equity
Chinese leader Hu Jintao will meet with his American counterpart, Barrack Obama this week in the US. While geo-political issues will feature in the summit, economic and trade issue will loom large in the agenda in this meeting, described as the most important...
Permira appoints co-heads of Asia
European private equity giant Permira has announced the promotion of Henry Chen (pictured) and Alex Emery to partners and co-heads of Asia. The duo will be in charge of the development of the firm across Asia Pacific, with particular focus on Greater...
SingTel unit leads local series A
Singapore Telecom's recently launched venture capital unit, SingTel Innov8, has made its first investment, leading the Series A financing of locally grown 2359 Media. Innov8 invested approximately S$800,000 in the mobile advertisement platform creator,...
ILPA updates Private Equity Principles
The Institutional Limited Partners Association (ILPA) has released an updated version of its Private Equity Principles and the first of its five recommended Standardized Reporting Templates that aims to drive best practices and support long-term partnerships...
OMM adds private equity partner
Anticipating a bumper year for its Asian private equity practice, law firm O’Melveny & Myers LLP has announced that private equity partner James Ford will transfer to its Hong Kong office from London.
The evolution of Australian private equity
Recently, there has been a lot of discussion in the AVCJ office about the Australian private equity market (naturally, as we are preparing for our Sydney event scheduled for March 2011) and the ongoing evolution of the asset class down under.
Apax promotes India heads
Apax Partners has promoted the co-heads of its Indian operations, Sandeep Naik and Shashank Singh, to Partner status. Naik will be a partner of the healthcare group, while Singh focuses on the telecom sector.
Clearwater to support the sale of Griffin Coal
Clearwater Capital Partners, as the largest creditor to Griffin Coal and a member of the Creditors Committees and Noteholder’s Working Group, has announced that it will support the sale of Griffin Coal Mining Company and Carpenter Mine Management to Lanco...
Welcome to Taiwan
Some of you would remember that for a short period in 2006/2007, Taiwan was the hottest buyout market in Asia. Deals such as China Network Systems ($1.5 billion in 2006, Eastern Multimedia ($1.5 billion), Taishin Financial ($840 million)in 2006 and EnTie...
Daiwa hires Victor Gao
Well-connected mainland investor, Victor Gao Zhikai, has joined Japan’s Daiwa Securities Group as chairman of China, a title he shares with former RBS banker Raymond Yin. According to the Japanese investment bank, both men will be based in Hong Kong and...
Partners promotes Chan, Baumann
Swiss private equity fund of funds Partners Group has announced its latest round of promotions, and like many of its counterparts in the financial services industry, will be recognizing the contribution of its Asia-based staff.