Articles by Alvina Yuen
Vision Knight Capital invests in Silver Lake-backed Allyes
Allyes Group, a Chinese online media service provider, has received a strategic investment from Vision Knight Capital, the private equity firm set up by former Alibaba CEO David Wei. It is the largest single investment by Vision Knight since its inception...
Baring PE India to complete fully deploy Fund III by mid-2013
Baring Private Equity Partners India plans to complete its current investment cycle by mid-2013. The PE firm has raised more than $770 million across three funds and the most recent vehicle - which closed in 2008 at $560 million - is the only one not...
PTC India, Ashmore end fund alliance
PTC India has ended its partnership with UK-based emerging markets investor Ashmore Investment Management in the $1 billion PTC Ashmore India Energy Infrastructure Fund.
PE firms to invest in Super Religare Laboratories
Super Religare Laboratories (SRL), a pathology laboratory network in India, is likely to receive commitments from two private equity firms for its 15-20% stake sale.
Helmsman Capital seeks $211m for third fund - update
Helmsman Capital is currently seeking A$200 million ($211 million) for its third vehicle, Helmsman Capital Fund III.
Fubon linked to buyout of Carlyle-backed Ta Chong
Fubon Financial, parent of Taiwan’s second largest life insurance firm, has announced plans to acquire a bank, prompting speculation that mid-sized Taiwanese lender Ta Chong Bank is the target.
GIC commits $100m to Indian eye-care chain
Already worth $40 billion and expected to double in size with compound annual growth of 21%, India’s healthcare market is certainly on the radar of private equity investors. Hospitals and treatment centers – a play on rising domestic consumption and perceived...
Private equity heads into China's hinterlands
From resources to consumer plays, western China is rich in opportunities for private equity investors, but an unwillingness or inability to build strong local teams is holding back progress
Lunar Capital gets 60% stake in Chinese beverage brand
Lunar Capital Management has acquired a majority interest in Sichuan Zhiqiang Group, an integrated food manufacturer located in western China, in a deal worth up to $50 million.
Baird: State rule changes fuel foreign PE interest
Government rule changes have increased the interest by foreign private equity firms in China, according to a report published this week by investment banking firm Robert W. Baird.
Dubow rejoins A&M as co-head of Asia
Alvarez & Marsal (A&M), an independent global services firm specializing in performance improvement, turnaround management and business advisory services, has appointed James Dubow as a managing director and co-head of Asia.
Nereus Capital raises $250m Indian clean energy fund
Nereus Capital, an alternative asset manager focused on renewable power generation and clean technologies, is raising a $250 million clean energy fund, of which $20 million will be contributed by the International Finance Corporation (IFC).
Helmsman Capital seeks $211m for third fund
Helmsman Capital is currently seeking A$200 million ($211 million) for its third vehicle, Helmsman Capital Fund III.
Templeton to roll out $300m emerging markets fund
Franklin Templeton is planning to raise $300 million for its fourth emerging markets private equity fund. The fund will provide growth capital to companies in global developing markets.
IFC invests $25m in Indian water treatment company
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, will invest between $18 million and $25 million in Ahmedabad-based Doshion, a water treatment company.
Cowin Capital rolls out new VC Fund
Shenzhen-based Cowin Capital has announced the establishment of a new venture capital fund to target early- and medium-stage investments. The fund size will be no more than RMB300 million ($47 million).
Reliance Communications files for Singapore IPO
The undersea cable unit of Reliance Communications has applied to list in Singapore, in a move that could raise $1-1.5 billion to help its parent company to offload its heavy debt.
Fidelity to launch its biggest China VC fund
Fidelity Investments is planning to launch its biggest Chinese venture capital fund next year, worth at least $250 million.
Axiom closes third Asia fund at $1.15b - update
Axiom Asia Private Capital, Singapore-headquartered independent fund-of-funds manager, has closed its third Asia fund at $1.15 billion.
Abraaj Capital to complete more deals in Asia
Abraaj Capital is set to complete more deals in Asia in the next few months. The Middle East private equity firm will look for deals largely in India and pursue possible acquisitions in natural resource companies in Indonesia.
Indonesian Pay-TV operator revives $400m IPO plan
PT MNC Skyvision, a unit of media group PT Global Mediacom and the largest pay TV company in Indonesia, will once again seek to raise up to $400 million via an initial public offering in June, in a bid to tap opportunities brought about by a rise in consumer...
Japan's KDDI, Global Brain to launch $66m VC fund
KDDI Corporation, a Japanese telecommunications company, has teamed up with Brian Corporation to establish a $66 million fund that will invest in start-ups in the US, Japan and other Asia Pacific regions. The fund, which focuses on the mobile space, is...
India's Wadhawan Group to set up PE funds
Wadhawan Group, a conglomerate controlled by the Wadhawan family which also runs housing finance company DHFL, plans to launch multiple private equity funds to expand its financial services operations.
SCM opens office in Seoul
Swiss institutional investment advisor SCM Strategic Capital Management, which offers private equity fund-of-funds and advisory services, is expanding its footprint in Asia by opening a new office in Seoul.