Articles by Maya Ando
CHAMP raises stake in Blue Star
CHAMP Private Equity-controlled Blue Star Group, a trans-Tasman-Australia printing company, has reportedly received an additional capital contribution from CHAMP Private Equity, coming the same day that Blue Star announced that it would soon announce...
Japanese VC firm backs unique startup
Japanese venture capital firm Samurai Incubate Inc. has made a JPY50 million ($61 million) investment in startup Bukupe.com, a site which gives subscribers access to the summaries of books.
J.C. Flowers raises stake in Shinsei Bank
US investor J.C. Flowers & Co. has reportedly upped its stake in Shinsei Bank as part of the bank’s efforts to raise an additional JPY69 billion ($842 million).
Infinity invests in Pesticide maker in China
Infinity Group, a China-and-Israel-focused private equity firm, will invest RMB120 million ($18 million) in the Shijiazhuang Xingbai Pharmaceutical Company, a maker of pesticides, for an undisclosed stake size.
3i plans China fund
London-based private equity firm 3i is reportedly engaged in negotiations with the Chinese government to form a local fund, Cinco Dias reported.
KKR raises $1 billion for China
US-based private equity major Kohlberg Kravis Roberts (KKR) has reportedly raised $1 billion for its China Growth Fund. The firm launched the fund last year with a target of $800 million and a hard cap of $1 billion.
Advent ups investment in IPG
Advent Private Capital, a Melbourne-based mid market private equity group, has increased its original investment in Integrated Packaging Group (IPG), a packing specialty company in Australia, to $50 million. Advent already had a controlling stake, but...
PE-backed Groupon launch in China
US-based Groupon, the group buying portal site, will be officially launched in China under the name GaoPeng.com.
Aetos takes remaining 50% in Simplex from Goldman Sachs
Aetos Capital, a US-based private equity and real estate investment firm, will turn its 50% owned Japanese real estate asset manager Simplex Investment Advisors into a wholly owned subsidiary by acquiring the other half owned by a Goldman Sachs. The US...
Chinese cosmetic manufacturer to sell 39% stake
The PRC's sovereign wealth fund China Investment Corp, an investment arm of Ping An Insurance, and Temasek Holdings, the Singaporean sovereign wealth fund, have emerged as a potential bidders for Shanghai Janhwaa United, one of the largest cosmetic manufacturers...
Carlyle to take over Japanese manufacturer for $857m
U.S. private equity firm the Carlyle Group will acquire Japan ese bearing parts maker Tsubaki Nakashima Co from Nomura Principal Finance Co (NPF), an investment arm of Japanese security house Nomura Group, in a transaction estimated at around 70 billion...
ACA portfolio company in tech trade sale
Japanese private equity-backed CSK corporation, an information service solutions provider in Tokyo, is going to be taken over by Sumisho Computer System Corporation (SCSC), an IT unit of Sumitomo Corp Group, through a TOB.
Marunouchi Capital nears buyout of Seijo Ishii
Tokyo-based Marunouchi Capital, a joint venture equally owned by Japanese conglomerate Mitsubishi Corp and Mitsubishi UFJ Securities, is reportedly close to finalizing negotiations for a takeover of Seijo Ishii Co., a high-end supermarket operator in...
Jafco Asia loses three to new fund
Venture capital firm Jafco Asia will lose Michal Chow and Le Wen Yong at the end of the month.
Morgan Stanley in talks over Shanghai Motel Management
US investment bank Morgan Stanly is reportedly in the process of speaking with European hotel group Accor SA about the sale of its majority controlled motel chain operator, Shanghai Motel Management.
Silver Lake, Soros Fund team for clean energy vehicle
Tech-focused Silver Lake has partnered with Soros Fund Management to launch a clean energy fund - Silver Lake Kraftwerk – which will make investments out of the PE firm’s Silicon Valley and China offices. The size of the fund has not been disclosed.
Cocoberry gets $20m from CX Parners
CX Partners has reportedly invested $20 million in Cocoberry Retail Ltd., a subsidiary of local food business operator Horizon RHI Group – capital slated to promote Cocoberry’s aggressive expansion plan.
Advent ups investment in Australia's IPG
Advent Private Capital, a Melbourne-based mid-market private equity group, has increased its capital investment in Australian specialty packaging company Integrated Packing Group (IPG) to $50 million.
DCM, Sequoia and Legend link for education group
A consortium of venture capital firms comprising of DCM, Sequoia Capital China and Legend Capital, as well as Singapore’s Phoenix Fund, has invested $20 million into Beijing Man Xie Education Science and Technology, an education group established in 2006...
China's Tencent turns to PE
Chinese digital media and communications giant Tencent has announced the creation of it own private equity fund, called the Tencent Industry Win-Win Fund.
Advantage Partners to acquire GTAGuam
Tokyo-based private equity firm Advantage Partners has received the green light to acquire Guam’s leading telecom operator GTA TeleGuam from owner Shamrock Capital Advisors. The deal has been approved by the country’s Public Utilities Commission following...
(In)famous in Australia: Tax
Foreign investors as LPs and GPs in the Australian private equity industry remain anxious the Australian Tax Office’s recent reversal of years of precedent with two taxation determinations relating to investments in Australian assets by foreign investors....
SCPEL buys into Australian agribusiness
Standard Chartered Private Equity Limited (SCPEL) will take a minority stake via convertible notes in Australia-based international agribusiness leader Wellard for $83 million. The exact stake size was not disclosed, but the private equity firm will be...
Aeon eyes stake in DBJ-backed Parco
Japan’s second-largest retailer Aeon Co. is reportedly eyeing a 12.31% stake in domestic department store operator Parco Co. in an effort to capitalize on Japan’s growing fashion space.