Articles by Maya Ando
Tasman Capital targets $209m fund
Sydney-based Tasman Capital is said to be targeting A$200 million ($209 million) for its latest fund, with a hard cap set at A$300 million. It has selected Geneva-based alternative assets marketing firm MCAM Group as a placement agent.
Warburg Pincus, KPCB inject $100m in Chinese fashion retail site
Warburg Pincus and Kleiner Perkins Caufield & Byers (KPCB) will jointly invest $100 million in Xiu.com, a Chinese e-commerce fashion site, Bloomberg reported, citing an emailed statement sent by the company.
Infinity-backed fund invests in China's Asymchem Laboratories
An Infinity Group-backed fund that targets the biomedical industry has committed RMB90 million ($14 million) to a RMB250 million round of financing launched by Tianjin-based Asymchem Laboratories.
Japanese property plays
Distressed investment in Japan is very much a real estate game and the opportunities are considerable – provided you can get a seat at the table. Long-term market participants are eying office buildings in major cities such as Tokyo and Osaka, aware that...
IDFC makes second mezzanine commitment to Caparo Energy
Infrastructure Development Finance Company (IDFC) has provided $33.5 million in mezzanine funding, subject to a four-year term, to Caparo Energy. This is IDFC's second mezzanine deal with the energy firm, following an earlier $78.5 million six-year commitment....
INCJ to promote Japanese media content overseas
Innovation Network Corp. of Japan (INCJ), a public-private investment fund, has committed JPY6 billion ($80 million) to form a new media company called All Nippon Entertainment Works, which will promote Japanese content overseas.
Infinity invests $7m in Chinese mobile SNS provider
Israel-based private equity firm Infinity Group has committed $7 million to the Series C round of financing for Haolianluo (HLL), a Chinese mobile social networking services provider. The company is seeking to raise $12 million in total.
India's TVS raises $110m for growth fund
TVS Capital Funds, an India-based private equity firm, is reportedly planning to raise up to INR5billion ($110.3 million) for an add-on fund.
SEAF commits capital to Indian cotton seed processor
Small Enterprise Assistance Funds (SEAF), the Washington-based private equity firm, has made an investment in Abhay Cotex Private Limited (ACPL), an Indian firm that processes cotton seeds for use in animal feed.
Kirkland & Ellis added new lawyers to strengthen Asia operation
Kirkland & Ellis has added several new senior lawyers to its Hong Kong office, including Nicholas Norris, John Otoshi, Benjamin Su, Dominic Tsun, Li-Chien Wong, Ashley Young and David Zhang.
Former Infosys CFO to launch India PE fund
T.V. Mohandas Pai, the former CFO of Infosys, is reportedly planning to raise a private equity fund worth $100 million and is already closing in on his first investment.
CITIC's mezzanine initiative still veiled in secrecy
The news was brief yet had potentially far-reaching consequences: the private equity arm of Chinese financial behemoth CITIC Group would launch a RMB5 billion ($777 million) renminbi-denominated mezzanine fund.
TPG eyes controlling stake in Indonesian tire manufacturer
US buyout firm TPG Capital has emerged as a potential bidder for Indonesian tire manufacturer Multistrada Arah Sarana, Reuters reported. It faces competition from South Korea's Hankook Tire and Japan’s Yokohama Rubber.
Higashiyama Film accepts CITIC Capital Japan's takeover bid
CITIC Capital Partners Japan announced that its tender offer for Higashiyama Film, a Nagoya-based industrial use film maker special film maker, has been accepted.
IDFC injects additional $18 m in Green Infra
IDFC Private Equity, a wholly-owned unit of India's Infrastructure Development Finance Company, will invest INR800 million ($18 million) in clean energy producer Green Infra. IDFC originally incubated the company in 2008 and has already invested INR3.6...
Temasek forms JV with South Africa's Oppenheimer family
Singapore’s sovereign wealth fund Temasek Holdings will form a joint venture private equity fund with South Africa’s E. Oppenheimer & Son International. James Teeger, group managing director at E. Oppenheimer, told Reuters that each party would make an...
Terra Firma to open Beijing office
European private equity firm Terra Firma has received the regulatory green light to open a representative office in Beijing, marking its foray into Asia.
Blackstone invests in leading Indian IT park
The Blackstone Group will acquire a 37% stake in Manyata Promoters, which operates high technology park in Bangalore, India, for around $200 million. The investment is said to value the entire development at $550 million.
KKR hires former Nomura India executive director
KKR has appointed Dhiren Mehta, formerly of Nomura, as a director of its Indian operation. Mehta will work out of KKR’s Mumbai office, which is led by the Sanjay Nayar, CEO of KKR India and B.V. Krishnan, head of the private equity firm's non-banking...
INCJ: Collaborator or competitor?
The Innovation Network Corporation of Japan (INCJ) has always divided opinion. The government-run entity, which operates with the support of local corporations, is intended to support new growth businesses.
IBK Capital Q to invest in Hankook Silicon
IBK Capital-Q Capital Partners, which is backed by The Korea Finance Corp. (KoFC), will invest KRW40 billion($38 million) in Hankook Silicon(HKS), the third-largest polysilicon manufacturer in South Korea, according to local media reports. The size of...
Singapore's Mapletree acquires Hong Kong shopping mall
Singapore-based real estate investment firm Mapletree Investments will acquire Hong Kong’s popular shopping mall Festival Walk in Kowloon Tong for around HK$18.8 billion ($2.4 billion) from Swire Properties.
CLSA makes $15m investment in Indonesian tea company
CLSA Capital Partners (CLSACP) has invested $15 million in PT Sari Wangi AEA, which claims to be the largest privately held tea company in Indonesia.
SBI launches $24m fund with Greater China corporates
Japanese financial group SBI Holdings will jointly launch a $24 million venture fund with Taiwanese financial corporation Shin Kong Group and Hong Kong-based real estate firm Nang Fung Group.