Articles by Alvina Yuen
MoFo adds Masahiro Shiga in Tokyo
Morrison & Foerster has appointed real estate finance lawyer Masahiro Shiga as a partner at Ito & Mitomi, the joint venture through which it provides legal services in Japan.
Loeb & Loeb launches Hong Kong office
Loeb & Loeb has launched its second Asia office in Hong Kong, having opened in Beijing three years ago. The law firm's Hong Kong operations will run in conjunction with local player Pang & Co. Benny Pang, managing partner at Pang & Co, will join Loeb...
Intel Capital invests in five Asian companies
Intel Capital, the venture capital arm of Intel Corp, has invested $40 million in 10 companies, half of which are from China, India, South Korea and Taiwan.
Cerberus to exit Japan's Aozora Bank
Cerberus Capital is planning to sell its $2.5 billion stake in Japanese lender Aozora Bank after a 12-year holding period.
Everstone to buy 35% of Indian publishing company - report
Everstone Capital is reportedly in talks to buy a 35% stake in S Chand Group, India’s leading publisher of textbooks and digital learning products. The deal is expected to be worth $30 million.
Goldman to sell Bangalore's Four Seasons Hotel - report
Goldman Sachs is reportedly in formal talks to sell its 73% stake in Bangalore's Four Seasons Hotel in a deal that would fetch up to INR8 billion ($150 million).
Carlyle, Sequoia in take-private bid for Chinese budget hotel chain
7 Days Group Holdings, a US-listed Chinese budget hotel chain backed by Warburg Pincus and Actis, has received a take-private proposal from a consortium comprised of The Carlyle Group, Sequoia Capital China and certain existing shareholders including...
China's IPV Capital backs mobile protection solution provider
V-Key, a mobile applications security solutions provider, has secured a $4 million Series A funding round from China-based VC investor IPV Capital.
SJ Berwin appoints Hong Kong head
SJ Berwin has appointed George Pinkham as head of its Hong Kong office. Effective October 1, Pinkham will lead the law firm’s expansion plans across Asia Pacific, building on its existing practices in Hong Kong and Shanghai.
Harvest Fund, Grosvenor form China property investment JV
China’s Harvest Fund Management and global real estate specialist Grosvenor Fund Management have formed a joint venture dedicated to property investments in Greater China.
IDFC PE seals India's largest dairy investment
India's dairy sector is rich in opportunity. Currently worth $70 billion, it is growing at 10% a year and is expected to reach $150 billion by 2020. The country is now the world’s largest producer of dairy goods and accounts for close to 20% of global...
TA targets remote communication networks
Communications is clearly a favored sector for TA Associates in Asia. Earlier this week, the US-based private equity player completed the buyout of SpeedCast, a Hong Kong-based network and satellite communications service provider. Of the eight investments...
Private equity taps Indian water
India is thirsty for capital to ease water shortages. The infrastructure investment opportunity is enormous, but the regulatory environment remains uncertain
CDH Investments targets $2b buyout fund – report
China's CDH Investments is reportedly targeting as much as $2 billion for its latest fund, joining a host of PE players seeking to raise multi-billion dollar vehicles in the region.
Carlyle-backed Tsubaki Nakashima drops IPO plan
Tsubaki Nakashima, a Japanese steel ball-bearings maker 95% owned by The Carlyle Group, has called off plans for a $555 million IPO, citing weak market conditions. This is the second time in six months that a Carlyle portfolio company in Japan has tried...
Wellington Partners leads $3.4m Series A for AyoxxA Biosystems
Wellington Partners Venture Capital has led a EUR2.6 million ($3.4 million) Series A round of financing in AyoxxA Biosystems, a biotech firm based in Singapore and Germany. The capital will provide AyoxxA with the resources to scale-up production of bead-based...
TA Associates acquires Hong Kong-based SpeedCast for $32m
TA Associates has completed the buyout of SpeedCast, a Hong Kong-based network and satellite communications service provider, from Asia Satellite Telecommunications for $32.2 million. Company management is also participating through ownership of a small...
Chinese bidder to buy PE-backed KraussMaffei – report
A Chinese machinery group is reportedly in exclusive talks with US-based Madison Capital to buy its German rival KraussMaffei Technologies. The deal - which is likely to fetch as much as EUR700 million ($908 million) - would be the latest in a string...
Fosun backs RHJ acquisition of Deutsche's BHF unit
China's Fosun Group is supporting RHJ International in its latest attempt to buy BHF, a leading German private bank, from Deutsche Bank. For Fosun, it represents an opportunity to secure a presence in the eurozone’s largest economy.
NVP injects another $5m in Appnomic Systems
Appnomic Systems, an Indian IT infrastructure management services company, has raised a $5 million Series C round from Norwest Venture Partners (NVP). The VC firm previously invested $4 million and $2.5 million in the company in 2009 and 2010, respectively....
Japan's DRC nets 1.5x return on Yumeshin exit
Mid-market Japanese GP DRC Capital has exited from its investment in Yumeshin Holdings, an outsourcing service provider in the construction industry, generating a 1.5x return and a gross IRR of 8.3%.
China's fund-of-funds experiment
China has started to witness the emergence of renminbi-denominated fund-of-funds, but only a few institutional and individual investors appreciate their investment philosophy
NSSF nears $3.6b private equity investments
The National Council for Social Security Fund (NSSF) announced that it had committed RMB22.6 billion ($3.6 billion) to 16 venture capital and private equity funds as of mid-September.
Carlyle names Robert Mancini co-head of infrastructure fund
The Carlyle Group has appointed Robert Mancini from Goldman Sachs as managing director and co-head of its global infrastructure fund. He will work alongside founding co-head Robert Dove and is expected to start the new role by year-end.