Articles by Allen Lee
Actis, GIC in Indian power deal
Emerging markets private equity specialists Actis and the Government of Singapore Investment Corporation will each invest $77 million into Indian power developer GVK Energy, a subsidiary of Hyderabad-based GVK Power and Infrastructure.
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.
Ironbridges exits oil rig company
Ironbridge has sold investee company Easternwell to engineering and maintenance services provider Transfield for A$575 million ($567 million). Sydney-based Transfield will pay A$540 million ($532 million) in cash and A$35 million ($34.5 million) in shares...