Articles by Maya Ando
Osakakoshinko accepts Tasumi Shokai buyout offer
Osakakoshinko, a listed Osaka-based real estate developer and manager, has accepted a tender offer made by Tasumi Shokai, an Osaka logistics company. Tasumi Shokai already owns 73.17% of Osakakoshinko.
SingTel Innov8 participates in Sentilla's $15m Series C round
SingTel Innov8 Ventures, the venture arm of the SingTel Group, has participated in a $15 million Series C round of financing launched by California-based Sentilla Corporation, a leading provider of IT infrastructure software. Other participants include...
Carlyle appoints MD of investor relations for Australia, New Zealand
The Carlyle Group has hired Natasha Nankivell, former executive director and head of private capital markets for Asia of Macquarie, as a managing director of investor relations for Australia and New Zealand. Nankivell has previously held senior positions...
GCM eyes failed Incubator Bank of Japan
GCM, a Tokyo-based investment bank formed by former Sanwa bankers, is reportedly in bidding for the bankrupt Incubator Bank of Japan. It is competing with AEON Bank, a banking unit of AEON Group, for the asset.
SAIF takes minority stake in Manpasand Beverages
SAIF Partners India has invested $10 million in Manpasand Beverages, a Gujarat-based juice manufacturing and marketing company.
Tata Capital hires new VP to enhance overseas fundraising
Tata Capital has hired Joe Sovran, a former partner of Zurich based Capvent, a global and emerging Asia-focused private equity firm as a vice president.
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...
Covalent partial-exit marks end of an era
The name Toshiba Ceramics is firmly rooted in the golden age of Japanese private equity. In 2006, The Carlyle Group and Unison Capital bought the company from Toshiba Group for JPY91 billion ($774 million at the time) in what was one of the most expensive...
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....
Actis considers revised bid from AMRI for Sterling Hospitals
Actis is negotiating the sale of its Indian portfolio company Sterling Hospitals, AMRI, a hospital chain backed by local conglomerate Emami and real estate developer Shrachi Group. AMRI is said to have bid INR6 billion ($133 million) for an 80% stake,...
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.
Unified Partners agrees to exit SXL to Yamada Denki
Unified Partners, a Tokyo-based private equity firm, has agreed to sell its entire 40% stake in custom home builder SXL to Yamada Denki, an appliance retail chain operator.
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.
Warburg Pincus exits Indian publishing conglomerate
Warburg Pincus has reportedly sold its remaining 3.6% stake in Indian media company DB Corp. - the owner of India’s second-largest Hindi daily Dainik Bhaskar - for INR1.57billion ($34.6million) on the National Stock Exchange. Shares in the company reportedly...
Lone Star exits Meguro Gajyoen ahead of loan maturation
US private equity firm Lone Star is planning to sell its Japanese real estate portfolio company Meguro Gajoen for as much as JPY100 billion ( $1.3 billion), according to Reuters.
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.
IFC seeks exit from Bank of Shanghai
The International Finance Corp. (IFC), the World Bank's investment arm, is seeking unload its 7% holding in Bank of Shanghai (BoS), according to Reuters.
CAS Capital to exits controlling stake in Japanese restaurant chain
CAS Capital will sell controlling stake in Japanese restaurant chain Kazokutei to H2O Retailing, a listed holding company of Hanshin and Hankyu Department Store Groups, through a tender offer buyout.
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.
Carlyle, Unison sell nearly half of Covalent for $450m
The Carlyle Group and Unison Capital has sold part of Covalent Materials, a Japanese silicon wafer and ceramics manufacturer to Taiwanese solar wafer maker Sino-American Silicon Products (SAS). The deal size has not been disclosed, but it is thought to...
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.