Articles by Maya Ando
Carlyle gets okay on unfortunately timed Nikkei listing
AvanSrate Inc., an LCD glass manufacturer controlled by US private equity giant The Carlyle Group, has just been approved to list on The Tokyo Stock Exchange as of the 12th of April.
Mount Kellett considers Indian pharma investment
US private equity group Mount Kellett Capital Management is reportedly making an INR410 crore ($90 million) investment in MedPlus Health Services, one of India's top pharmaceutical retailers, based in Hyderabad. Mount Kellett aims to make its capital...
Ant sells Vario Secure to trade buyer
Ant Capital Partners will sell its fully owned portfolio company, Vario Secure Networks Inc., providers of network security services. The sale is valued at JPY 6.7 billion($81 million), and the asset will be bought by 1st Holdings, the Japanese software...
Partner Group hires Sony Life's Numata
Mamoru Numata of Sony Life has joined Partners Group’s Tokyo office as a senior manager. His responsibilities will include investment origination, client relationships and business development.
Bain could buy Skylark in Japan
US-private equity firm Bain Capital has emerged as a potential buyer of Skylark Co, a restaurant chain operator in Japan, from Nomura Principal Finance, the investment arm of Japanese securities group Nomura Holdings, which currently owns 78.6 % of the...
CITIC closes Japan fund
CITIC Capital Partners, the private equity arm of CITIC Capital Holdings Limited, has closed its second buyout fund dedicated to Japan with a commitment of over JPY 18 billion ($217 million), a similar size to its first fund.
Advent to close Japan with no active investments
After much speculation among industry insiders and reported LP dissatisfaction with the situation, US private equity firm Advent International has finally made public a decision to close its Japan office by the end of this month. The firm came to the...
StanChart invests in Indian chemicals group
Standard Chartered Private Equity, Limited (SCPEL), the private equity arm of UK’s banking Group Standard Chartered, will invest an INR850million ($18.9 million) in Privi Organics, a leading manufacturer, supplier and exporter of aroma chemicals in India,...
EQT exits blood transfusion company
European private equity firm EQT Partners has exited the blood transfusion unit of Swedish medical technology company Gambro to leading Japanese medical group Terumo Co., for $2.6 billion.
Marunouchi Capital takes over Seijo Ishii in Japan
Tokyo-based Marunouchi Capital, a joint venture equally owned by Japanese conglomerate Mitsubishi Corp and Mitsubishi UFJ Securities, has announced it will take over the entire share capital of Seijo Ishii Co., a high-end supermarket operator in Tokyo,...
China aviation guru joins SEACOR
Hong Kong-based investment boutique SEACOR Capital (Asia) Limited has recruited Jay Shaw, a co-founder of Business Aviation Asia (BAA) and Asia United Business Aviation (AUBA) as Managing Director.
Mizuho Capital to exit Vantec in $655m deal
Hitachi Transport System Co., Ltd., a listed logistics unit of Japanese electronics maker Hitachi Group, will launch a TOB to acquire a 100% stake in Vantec Group Holding co., Ltd.
Aetos Capital takes remainder of Simplex
Aetos Capital, a US-based private equity and real estate investment firm, will boost its 50% stake in Japanese real estate asset manager Simplex Investment Advisors to 100% ownership by acquiring the 50% stake currently held by a Goldman Sachs.
Carlyle gets its bearings in Japan
US-based private equity major The Carlyle Group is to acquire 96.56% of all outstanding shares in Japanese bearing parts maker Tsubaki Nakashima Co. from Nomura Principal Finance Co. (NPF), in what now holds the title as the largest private equity deal...
Distressed Japanese hotel closes doors
PE-backed Hotel Sendai Plaza, one of Japan’s most historic hotels in Sendai, will permanently close its doors on March 25 due to a decline in sales and hurdles related to property rental fees.
SAIF earns up to 5x return on China UMS exit
VC firm SAIF Investment has reportedly sold a 7.07% stake Unionpay Merchant Services Co. (China UMS), the Shenzhen Stock Exchange-listed payment provider that exclusively serves PRC-based outfit Youngor Group and the Shanghai Changjiang Guohong Equity...
China Fire & Security courted by PE suitor
Publicly listed safety products maker China Fire & Security Group Inc. has reportedly been approached by an unnamed private equity firm to buy its entire cache of outstanding shares.
IDC, DCM back e-commerce site
Venture capital firms IDG Capital Partners and DCM have reportedly injected $10 million for an undisclosed stake in Uya100.com, a China-based business-to-business e-commerce website the focuses on the sale of home textiles.
Clean Water takes over Sinomem for S$351m
Clean Water Investment, an affiliate of private equity firm CDH China Management, is to acquire Singapore-listed water treatment group Sinomem Technology Limited via a voluntary conditional cash transaction, according to a document sent to the Singapore...
Affinity and Unitas to exit Chinese cleantech firm
Affinity Equity Partners and Unitas Capital are reportedly planning to sell Beijing Leader & Harvest Technologies Co., an energy-saving company based in China, according to a Reuters report, noting that the deal may be worth up to $500 million.
TPG, J-Trust near Takefuji takeover
U.S. buyout firm TPG Capital and Japanese consumer lender J-Trust have emerged as the lead contenders to take over the collapsed Japanese consumer lender Takefuji Co., Dow Jones reported
French PAI Partners sells portfolio group to ITOCHU
Japanese trading conglomerate ITOCHU Co. has acquired 100% of the shares in leading UK fast-fit and automotive parts replacement specialist Kwik-Fit Group from PAI Partners, a European private equity firm, for £637 million($889 million).
Advent sees 6x returns from local exit
Advent Private Capital, a Melbourne-based mid-market private equity group, has sold investee, electric payment service provider Securepay Holdings, to the Australia Post, confirming more than 6x return on its original investment.
Warburg Pincus exits Indian jeweler at a loss
Warburg Pincus has sold its 28.12% stake in Vaibbav Gems for INR18.million ($4.1 million) through an open market transaction, the US-based private equity firm confirmed, in an exit that comes at a significant loss to Warburg Pincus’ initial investment....