Articles by Maya Ando
Ontario Teachers seeks Temasek's help to rival BHP Billiton PotashCorp bid
Ontario Teachers’ Pension Plan, Canada’s largest single-profession pension fund, is reportedly in talks with Singapore SWF Temasek Holdings about the formation of a consortium to counter mining and resources giant BHP Billiton Ltd.’s $39 billion hostile...
RBA may pick up Candover investee Securency in fire sale amid bribe investigation
The Reserve Bank of Australia (RBA) is likely to take full ownership of banknote manufacturing company Securency International Ltd, as a bribe investigation continues at RBA's JV partner in the company, invested by Candover Partners.
GIC, Temasek to list investees in return of big SGX IPOs
Global Logistic Properties Ltd. (GLP), the international logistics business owned by Singapore SWF the Government of Singapore Investment Corp. (GIC), plans to raise S$3.45 billion ($2.64 billion) in an SGX listing which could be the largest in Singapore...
Sequoia India invested $16 million in biopharmaceutical play Celon Labs
Sequoia Capital India has invested INR70 crore ($16 million) in Celon Labs, a Hyderabad-based biopharmaceutical company with established brands in oncology, critical care and gynaecology.
Australian fund of funds Quay picks up Deas from Pantheon for US
Australian private equity fund of funds and advisory firm Quay Partners has recruited Ian Deas from Pantheon Ventures, the UK fund of funds firm, to head up its US operation as a Partner.
Brightrust PE Japan plans to debut fund of funds
Brightrust PE Japan Co., a Tokyo-based private equity firm, is planning to raise as much as JPY20 billion ($241.8 million) for its debut fund of funds, which will focus on investing in buyout opportunities with a special interest in the small-to-mid-cap...
Bank of America Merrill Lynch Asia realty fund's GP responsibilities also to transfer to Blackstone
Following earlier reports in July on the transfer of management of the $2.65 billion Bank of America Merrill Lynch (BoAML) Asian Real Estate Opportunities Fund to US private equity leader the Blackstone Group, LP investors are poised to receive approximately...
Private equity may bid for Japan's Kyowa Hakko Chemical
Kyowa Hakko Kirin Co. Ltd., a leading Japanese pharmaceutical company, is looking for a buyer to take over its chemicals subsidiary, and has already been in discussions with several private equity firms, according to Japanese reports.
Angelo, Gordon hires Filippelis for Australia & New Zealand
Angelo, Gordon & Co, the New York-headquartered alternative investment firm, has recruited Phillip Filippelis, an ex-asset manager at French bank Societe Generale, as MD who will be responsible for business development in Australia and New Zealand.
Advantage Partners seeking secondary investor for Tokyo Star Bank
Advantage Partners, the independent Japan-focused buyout firm, is seeking capital from investors to help cover the JPY170 billion ($2.04 billion) loan package it used to acquire Tokyo Star Bank in 2007 from the previous majority shareholder, Lone Star...
Taiwan regulators say Carlyle's exit plan for Kbro needs further review
Carlyle Group’s ongoing exit process for its Taiwan cable investee Kbro needs more discussion, according to Taiwan’s broadcast regulator, particularly over competition issues in the industry.
Lightspeed leads Asian, Western VCs investing $25 million in SolarEdge in Israel
Lightspeed Venture Partners, Silicon Valley VC firm, has led an investor group in committing $25 million to SolarEdge Technologies, an Israel-based provider of distributed solar power harvesting and monitoring solutions, alongside existing backers, including...
S3 Investment and Redwood Capital open Hong Kong office
US China-focused investor S3 Investment Company, Inc, said that it has established a Hong Kong office, aiming to support the expansion of its subsidiary Redwood Capital, and to grow the group’s business in China.
Japan's no. 1 ad giant Dentsu to launch digital fund
Dentsu Inc., Japan's largest advertising agency, and its affiliate, Dentsu Digital Holding Inc., are launching a JPY10 billion ($120 million) fund, the Dentsu Digital Fund, to be managed by the newly-formed Dentsu Digital Investment Business Limited Partnership....
J-STAR drives healthcare in Japan
In a deal that displays PE's ability to drive sector change in Japan, and that highlights the continuing buoyancy of the local mid-market, J-STAR Co., Ltd. has bought out Apo Plus Station Co. Ltd., a privately-held medical solutions company, in an MBO....
KPCB raises RMB600 million so far for China fund
Silicon Valley VC firm Kleiner Perkins Caufield & Byers (KPCB) is raising an RMB-denominated fund to invest in Chinese companies, and has already raised RMB600 million ($89.4 million), according to reports.
TPG PRC investee ShangPharma targets listing on NYSE
ShangPharma Corp., a PRC company offering R&D outsourcing services for the pharma and biotech markets, and invested by TPG Capital, has filed for an IPO on the NYSE.
Japan's Tonchidot com gets $12 million from local, global VCs
Tonchidot Corporation., a privately-held provider of mobile augmented-reality platforms in Japan, has raised $12 million in Series B funding from local and global venture capital firms.
Advantage Partners buys apartment management company in Japan
Advantage Partners, the Tokyo-based private equity firm, has acquired a local apartment management company, Marimo Community Co., for an undisclosed amount.
J-STAR acquires Japanese medical solutions firm Apo Plus Station in LBO
J-STAR Co. Ltd., a Japanese private equity investment company focusing on MBOs, has bought out Apo Plus Station Co., Ltd, a privately-held medical solutions company.
Morgan Stanley PE invests Sequoia-backed luxury retailer Sparkle Roll
Morgan Stanley Private Equity Asia (MSPEA) has injected $42 million in HKSE-listed Sparkle Roll Group, which retails branded luxury products such as cars, jewelry and wine.
Ex Morgan Stanley team's GreenOak Real Estate raises fund for Japanese assets
GreenOak Real Estate, a private equity property firm founded by ex-Morgan Stanley real estate executives, is seeking $800 million for a new fund to buy property and loans in Japan, according to reports.
Aetos to raise $1 billion real estate fund for Japanese, Chinese targets
New York-headquartered private equity firm Aetos Capital is reportedly set to raise $1 billion for a real estate fund - its fourth - targeting property assets in Japan and China.
Imprisoned founder of Bain-backed GOME fails to eject CEO
Jailed founder of GOME Electrical Appliances Holdings Ltd., Huang Guangyu, failed to receive investor support to both oust GOME's current chairman, Chen Xiao, and bring his sister and lawyer on as directors, thwarting his attempt to regain status in the...