Articles by Alvina Yuen
Loeb & Loeb expands Beijing office
Roger C. Peng has joined Loeb & Loeb’s as a partner in the firm's Beijing office. He joins from Paul Hastings, having previously worked for Hogan Hartson (now Hogan Lovells).
Hao Capital forms healthcare JV with TCL Group
China-focused private equity firm Hao Capital has formed a joint venture with the TCL Group, one of the leading consumer electronics companies in China, to provide diagnostic imaging products and services.
CX Partners nears SIS India investment – report
CX Partners is closing in on a INR5 billion ($89.5) investment in private security firm Security and Intelligent Services India (SIS India), one of the pioneers of the country's private security industry. The deal, which will facilitate the exit of New...
Quadria Capital to raise a $300m healthcare fund
Quadria Capital is in the process of raising a $300 million fund to tap India's expanding healthcare market. Religare Global Asset Management, a unit of Delhi-based financial services group Religare Enterprises, has become an anchor investor, committing...
TPG partner brought in to help turn around Li Ning
TPG Capital's Jin-goon Kim has been named executive vice-chairman of Li Ning as the private equity firm tries to stabilize the struggling Chinese sports retailer. The appointment comes as Li Ning searches for a replacement for CEO Zhiyong Zhang, who has...
Baring increases stake in Chinese retailer Magic Holdings
Baring Private Equity Asia has increased its stake in Magic Holdings, a Hong Kong-listed skincare brand. The PE firm bought 50 million shares - approximately 5% of Magic Holdings' total issued share capital - at HK$2.9 apiece for a total consideration...
Treedom launches Asia-focused forestry fund
Treedom Investments, a specialist investment advisor in the renewable resources sector, has launched the Asia Renewable Resources Fund (ARRF), which will focus on investments in forestry-related products.
Capital Dynamics names Ammann as CEO
Capital Dynamics has announced Stefan Ammann to be the company's CEO, with immediate effect. He replaces Thomas Kubr, founding CEO, who will serve on a full-time basis as executive chairman of the board of directors.
Gresham in talks to sell Witchery to Country Road
Australia-listed fashion and homeware retailer Country Road has confirmed it is in talks with Gresham Private Equity about the potential acquisition of clothing brands Witchery and Mimco.
BlackRock to acquire Swiss Re Private Equity Partners
BlackRock is buying Swiss Re Private Equity Partners (SRPEP), the European private equity and infrastructure fund-of-funds arm of Swiss Re. The transaction will allow BlackRock’s existing FoFs group – BlackRock Private Equity Partners - to extend its...
Standard Chartered PE acquires 13.5% stake in Trikomsel
Hong Kong-based Standard Chartered Private Equity has acquired a 13.5% stake in Trikomsel Oke, an Indonesian retailer of mobile telecommunications devices.
Micron beats TPG, Hony to acquire Elpida
Micron Technology has beat potential investors including TPG Capital and Hony Capital to acquire Japan’s Elpida Memory for about $2.5 billion, in a move to compete against rivals in South Korea and Taiwan.
CapitaMalls Asia raises $1b for China Development Fund III
CapitaMalls Asia, the shopping malls arm of Temasek-owned CapitaLand, has announced the establishment of its China Development Fund III with a fund size of $1 billion. The vehicle, with a fund life of eight years, will invest in the development of shopping...
Anacacia Fund II reaches $75m first close
Australia’s Anacacia Capital has completed the first close of its Anacacia Fund II at $75 million within weeks of opening, raising 50% more than its original target. Superannuation funds, fund of funds and family offices from Australia and overseas are...
Australia's Hastings raises $626m for infrastructure fund
Hastings Funds Management announced that its Utilities Trust of Australia (UTA) has reached a first close on its infrastructure fund with commitments of A$610 million ($626 million). The amount is in line with expectations outlined in January 2012 and...
3i to close Hong Kong, Shanghai offices to reduce costs
3i has announced plans to axe more than 160 staff and close six offices, including those in Hong Kong and Shanghai, in a move to bring its capacity down to a more realistic level. The massive job cutting program is expected to reduce 3i’s annual operating...
Hopu sees slim return on Mengniu investment
Four years on from the tainted milk scandal that cost the lives of six infants and hospitalized hundreds more, the memories still loom large over the dairy industry.
India embraces e-payment
With established market leaders in India’s mainstream e-payment space, VCs are targeting opportunities in the unbanked and mobile payment markets
MineralTree in $6.3m round led by Fidelity India
Fidelity Growth Partners India has led a $6.3 financing round for Boston-based MineralTree, which provides cloud-based secure payments services for small- and medium-sized enterprises (SMEs). Existing investor .406 Ventures also participated.
Baring increases its stake in Manappuram Finance to 5.94%
Baring India Private Equity has increased its stake in Manappuram Finance, a non-bank financial company (NBFC) specializing in loans based on gold.
Bain buys half of Japanese TV shopping channel for $1.3b
Bain Capital will buy a 50% stake in Jupiter Shop Channel (JSC), a television shopping company, from Japan-based Sumitomo Corporation. Industry sources noted that the deal is worth JPY100 billion ($1.3 billion), which might be Japan's largest private...
Robin Bell-Jones to lead Permira's TMT coverage in Asia
Permira has redeployed Robin Bell-Jones from London to Hong Kong as part of efforts to expand the firm’s investment activities across Asia.
Singtel Innov8, Optus launch Australia start-ups program
SingTel Innov8, the venture capital arm of SingTel, has teamed up with Australian telco Optus to start a seed program to help Australian digital startups grow and expand into Asia.
China's NewMargin leads $36m round for Majestic Gold
Shanghai-headquartered NewMargin Ventures has agreed to lead a $36 million financing round for Vancouver-based Majestic Gold. The proceeds will be used to finance capital expenditures at the company’s Song Jiagou mineral project in Shangdong Province,...