Articles by Maya Ando
Venture-backed hiSoft Technology goes for NASDAQ secondary public offering
NASDAQ-listed hiSoft Technology International Ltd., a leading China-based provider of outsourced IT and R&D services headquartered in Dalian, China, filed for a secondary public offering of 5 million American Depository Shares last week.
Baring Private Equity Asia will not lead Harbin privatization
NASDAQ-listed Harbin Electric, Inc., a developer and manufacturer of electric motors, announced an end to the planned privatization process for the company in partnership with Baring Private Equity Asia.
Vogo takes control in Korea's Tong Yang
Vogo Fund, a leading private equity firm in South Korea, has acquired an additional 46.5% stake in Tong Yang Life Insurance from mid-sized local conglomerate Tong Yang Group for KRW900 billion ($798 million).
Propel Investments will exit New Zealand funeral homes
Australasian mid-market private equity firm Propel Investments announced that it had entered into a conditional agreement to sell its 77% stake in New Zealand portfolio company Bledisloe Group Holdings Pty Ltd, to Sydney-based funeral operator InvoCare...
Legalese in India
There is no question that India's macroeconomic indicators make it a compelling market.
Blue Point makes investment in Chinese retail designer
Blue Point Capital Partners, a New York-headquartered private equity firm, has made an investment in Haya Retail, a Beijing-based retail design and retail fixture manufacturing firm.
Sequoia-backed Sky-Mobi files for $150 million NASDAQ IPO
Sequoia Capital-backed Sky-Mobi Ltd., a Chinese developer of a cell phone platform application, has filed for a $150 million initial public offering with the US Securities and Exchange Commission.
Deutsche Bank invests Japan Industrial Solutions fund
Deutsche Bank in Tokyo has announced its commitment to invest in a business revitalization fund to be initiated by Japan Industrial Solutions Co., Ltd. (JIS), established by the Development Bank of Japan (DBJ), Sumitomo Mitsui Banking Corporation (SMBC),...
Sino-Century China Private Equity Fund-backed Solar Company debuts on SZSE
Sino-Century China Private Equity Fund-backed Chaori Solar listed on the Shenzhen Stock Exchange on Nov 18th, raising RMB2.38 billion ($352 million).
CLSA Capital Partners may sell Everlife as secondary transaction
CLSA Capital Partners, the alternative asset management arm of CLSA Asia-Pacific Markets, reportedly plans to exit its Japanese portfolio company, food and supplement maker Everlife, in a deal worth as much as JPY70 billion ($839 million).
Secured Capital eyes Espoir Omotesando for Ralph Lauren in Tokyo
Secured Capital Japan(SCJ), the Tokyo-based private equity real estate investment firm, emerged as the likely buyer for Espoir Omotesando in Omotesando, a fashionable area of Shibuya, Tokyo, for a price said to be about JPY29 billion ($348 million), according...
EMAlternatives announces RMB fund of funds affiliate YiMei
YiMei Capital Management, a China affiliate of Netherlands-headquartered emerging markets-focused managed account private equity investor EMAlternatives, is launching its first RMB-denominated fund of funds.
Carlyle gets Taiwan telecom regulator clearance for Kbro sale
The Carlyle Group has received approval from Taiwan’s media and telecoms regulator, the National Communications Commission, for the sale of its local cable TV and broadband asset Kbro to the Tsai family, for some T$36 billion ($1.2 billion). Carlyle has...
CNEI-backed Liyuan Aluminum makes successful IPO
China New Enterprise Investment (CNEI) has successfully listed its portfolio company Liyuan Aluminum Group on the Shenzhen Stock Exchange.
MSPE's Sihuan Pharma's subsidiary gets 30-year distribution license for key drug
Morgan Stanley Private Equity (MSPE) investee Sihuan Pharmaceutical has announced that its wholly-owned subsidiary Hainan Sihuan Pharmaceutical Co., Ltd. has secured an exclusive distributorship agreement for 30 years with Benxi Leilong Pharmaceutical...
SCPEL portfolio company Mnet to merge with aggregated CJ assets
Standard Chartered Private Equity Ltd. (SCPEL) portfolio company, Mnet, a South Korea-based media operator, will be merged into CJ Group, the leading local media operator formerly known as Cheil Jedang Group, as part of the latter’s objective of globalizing...
Yorkville Advisors invests $35 million in Zhongda International
Yorkville Advisors will make an investment of HKD275 million ($35 million) in Zhongda International Holdings Ltd., a leading manufacturer and distributor of automotive equipment and commercial vehicles in China, through an equity line facility.
Beijing Financial Assets Exchange allows PE funds to be listed
China has implemented a new policy that allows private equity fund positions to be traded on the Beijing Financial Assets Exchange (BFAE), according to the official announcement on its website.
Accel, DCM, Redpoint, industry peers invest $8.9 million in Singapore's mig33
mig33, a Singapore-based company claiming to be the world's largest mobile-first community, has received $8.9 million in Series C funding led by Pak Sugiono Wiyono, an Indonesian telecom entrepreneur and GREE, Inc., Japan's leading social networking service,...
TPG Capital, General Atlantic aiming to raise $200 million from Lenovo share sale: reports
TPG Capital, including its onetime subsidiary Newbridge Capital, and General Atlantic are planning to sell 282,263 million shares in investee Lenovo Group Ltd. on the Hong Kong Stock Exchange, aiming to raise up to $200 million, according to reports....
TPG gets Avon Japan
TPG Capital is taking up 74.67% of Avon Japan for JPY7.3 billion ($90 million) in cash from Avon Products Inc, the NYSE-listed cosmetic direct sales empire originally founded in 1886 as the California Perfume Company.
Vogo Fund takes over Tong Yang Securies and other group companies for $798 million: reports
South Korean private equity firm Vogo Fund has acquired a total 46.5% stake in three Tong Yang group companies, combining portions of Tong Yang Securities and two other entities of the mid-sized local conglomerate, according to Reuters.
Advantage Partners will buy TeleGuam from Shamrock Capital
Tokyo-based PE firm Advantage Partners has signed a merger agreement with Guam telecom company TeleGuam Holdings, according to TeleGuam's statement, buying the company from Shamrock Capital Advisors, a California-based PE firm.
Bean appointed MD for new SingTel VC fund SingTel Innov8
William Bao Bean, former partner at Softbank China & India Holdings, has been engaged as Managing Director of SingTel Innov8, the newly-formed $150 million corporate venture arm of Singapore telecoms giant SingTel.