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Maya Ando

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Articles by Maya Ando

Government PE manager acquires Malaysian education group

Government-backed Malaysian PE fund manager Ekuiti Nasional Bhd (Ekuinas) has taken a 51% stake in the domestic holding company of the Asia Pacific Institute of Information Technology and Asia Pacific University College of Technology and Innovation for...

  • Expansion
  • 22 February 2011
Temasek China recruits former CICC manager

Singaporean sovereign wealth fund Temasek Holdings has appointed former senior manager of China International Capital Corporation Limited (CICC), Ding Wei, to lead its operations in China.

  • People
  • 22 February 2011
Hopu's Ong to raise $2b solo fund

Richard Ong, one of the founding partners of Hopu Investment Management Co., a successful China’s buyout firm, is said to be leaving the firm to set up his own fund, which plans to raise $2 billion, according to reports first published by the Wall Street...

  • Fundraising
  • 21 February 2011
CIC and Blackstone enter Japan's distressed space

China Investment Corporation, China’s $300 billion sovereign wealth fund, has reportedly joined forces with US investment giant, the Blackstone Group, to purchase Morgan Stanley’s Japanese loan portfolio at a major discount, according to news reports....

  • Real estate
  • 21 February 2011
Carlyle sells remaining shares of Kito in Japan

US private equity giant The Carlyle Group, will exit its 19.08% stake in Kito Corp., a Yamanashi-based crane maker through a secondary public offering. The closing price on February 18 was JPY103,900 ($1,250) per share.

  • Exits
  • 21 February 2011
PEP investee goes into receivership

Private Equity Partners controlled REDgroup Retail, which owns bookstore chains Borders and Angus & Robertson has collapsed and been handed over to administrator Ferrier Hodgson.

  • Buyouts
  • 18 February 2011
SCPEL invests in Australian agribusiness

Standard Chartered Private Equity Limited (SCPEL) will take minority stake via convertible notes in Australia-based international agribusiness leader Wellard for $83 million.

  • Buyouts
  • 18 February 2011
Credit Suisse welcoms ex-PE head of Schroder Ventures

Credit Suisse has recruited Khim Tan from Schroder Ventures Group Advisers as a Director of the Asset Management division and a Director in the Customized Fund Investment Group (“CFIG”).

  • People
  • 18 February 2011
Chartis Japan Capital takes over Fuji Fire and Marine Insurance via TOB

Chartis Japan Capital Company, a wholly-owned unit of Chartis Inc, the general insurance subsidiary of American International Group has announced a TOB for all common shares and stock acquisition rights of Fuji Fire & Marine Insurance Co that it does...

  • Buyouts
  • 17 February 2011
India focused Edelweiss Special Opportunities Fund closed at $230 million

Edelweiss Alternate Asset Advisors, the alternative asset arm of Edelweiss Capital in Switzerland, has closed the $230 million Edelweiss Special Opportunities Fund, according to local media reports. The fund will focus solely on India.

  • Fundraising
  • 17 February 2011
3i acquires Mizuho's debt management unit

London-based private equity firm 3i has completed its acquisition of Mizuho Bank’s debt management business unit, Mizuho Investment Management (MIM). Deal size was not disclosed but UK-based MIM manages £3.7 billion of assets.

  • Europe
  • 17 February 2011
Advantage exits Pokka in trade sale

In a week marked by trade sales in the food and beverage industry, Tokyo-based Advantage Partners has announced it will exit its entire 40% stake in Pokka Co., a Japanese coffee and soft drink maker to Sapporo Holdings, the local brewery major which already...

  • North Asia
  • 16 February 2011
Unison leads MBO of Japanese wine importer

Japanese buyout firm Unison Capital will spend JPY6.2 billion ($75.4 million) to privatize publicly listed Japanese wine importer and retailer Enoteca Co. through an MBO alongside H.C.B.C. Enterprises Ltd., an investment firm headed by George Joseph...

  • North Asia
  • 16 February 2011
OCBC debuts Shindoo Chemical on Shenzhen Exchange

Shindoo Chemical, a Chinese manufacturer and distributer of compound fertilizer and chemical products in China which was backed by the mezzanine arm of OCBC Bank, has debuted on at Shenzhen Stock Exchange, raising RMB 1.48 billion ($224.6 million). The...

  • Exits
  • 15 February 2011
Enam India Infrastructure fund approved for FDI

Enam India Infrastructure Fund, a Mauritius-registered fund, has reportedly received approval to take foreign direct investment of 3,450 crore ($755 million) from The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Manmohan Singh,...

  • Infrastructure
  • 11 February 2011
L Capital Asia may buy Indian luxury retailer

L Capital Asia, the Asia-based arm of the private equity firm set up by the LVMH Group, has reportedly planned to acquire a significant minority stake in a unit of Gitanjali Gems Limited, India’s luxury brand and products retailer group, for a value estimated...

  • Restructuring
  • 11 February 2011
KKR appoints ex-Clinton staff to public affairs and comms

Kohlberg Kravis Roberts & Co. L.P. has appointed Steven R. Okun, once an administrator under former US President Bill Clinton, as Director of Public Affairs in Asia Pacific, affective on February 13, 2011.

  • People
  • 10 February 2011
TPG to lose dealmaker Ma

Global buyout major TPG is reportedly losing MD and Partner Mary Ma, who was recruited from Lenovo Group Limited in 2007 where she worked as the Senior Vice President and CFO.

  • People
  • 10 February 2011
Partners Group invests in Korea auto tire manufacturer

Partners Group, the global private equity investment manager, has made a direct investment in South Korea’s Saehwa International Machinery with its investment partner STIC Investments, a local private equity firm in South Korea.

  • Expansion
  • 09 February 2011
Lombard takes control of Chinese quick service restaurant chain

Lombard Investments, a global private equity firm, has announced it has acquired a controlling stake in Overseas Dragon China, one of the leading Quick Service Restaurants in Asia.

  • Buyouts
  • 09 February 2011
Baring Private Equity Asia closes $2.4 billion fund

Hong Kong-based private equity firm Baring Private Equity Asia has closed its fifth fund at $2.46 billion - 60% larger than its previous fund that closed at $1.52 billion in February 2008.

  • Fundraising
  • 08 February 2011
Advantage Partners may exit Pokka to Sapporo

Advantage Partners, a Japanese private equity firm, is eyeing to exit domestic coffee and soft drink maker Pokka to Sapporo Holdings, major local brewer.

  • Exits
  • 08 February 2011
Unison Capital to delist Japanese wine importer

Japanese buyout firm Unison Capital will spend JPY6.2 billion ($75.4 million) to privatize currently listed Japanese wine importer and retailer Enoteca Co. through an MBO alongside H.C.B.C. Enterprises Ltd., an investment firm headed by George Joseph...

  • Buyouts
  • 08 February 2011
Marunouchi Capital makes its third deal

Marunouchi Capital, a buyout firm equally owned by Japanese conglomerate Mitsubishi Corp and Mitsubishi UFJ Securities Holdings, will acquire a stake in Yamamoto Seisakusyo, Inc., a Saitama-based die manufacturer.

  • North Asia
  • 08 February 2011
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