Articles by Maya Ando
Sequoia and SIG Asia back Country Style Cooking debut on NYSE
Country Style Cooking Restaurant Chain Co., a Chinese quick-service restaurant chain operator invested by Sequoia Capital and SIG Asia, has raised approximately $82.5 million in its IPO on the NYSE.
TPG's Bonderman meets Indonesia's Vice President, discusses aviation, infrastructure
TPC Capital, already a participant in the Indonesian market through its relationship with Northstar Capital, has signaled its interest in investing in Indonesia's aviation and infrastructure sectors, a government spokesperson said earlier this week.
Russian roulette for PRC investing
The most populous country in the world, China, has been made out to be something of a promised land for private equity.
Carlyle's Marumo moves to Lazard
Masato Marumo, formerly an MD with Carlyle Group, who left the firm's Japan office earlier this year, has now joined Lazard Ltd. in Tokyo as an MD, where he will work closely with Yasu Hatakeyama, President and CEO of Lazard Frères Japan.
Baird Capital makes joint investment in Chinese scaffolding business
Baird Capital Partners Asia (BCPA), the China-focused growth equity investment arm of Baird Private Equity, has teamed with Schulze Global Investments to back the Beijing ADG Scaffolding Engineering Co. (ADG).
CIC, OP Financial invest $16.5 million in Kazakhstan
SWF China Investment Corporation (CIC) has reportedly teamed with Hong Kong-listed investment firm OP Financial Investments to invest in Kazakhstan.
Hopu-backed Winsway to sell pre-IPO stake to Daiwa SB Investment
Hopu Investment Management-backed Winsway Coking Coal Holdings Ltd, which plans to raise up to $574 million from an IPO in Hong Kong, is about three times covered on the sixth day of its bookbuilding, and has secured Daiwa SB Investments to buy $40 million...
WI Harper appoints two scientists as advisory board members
Longstanding China PE firm WI Harper Group has invited Dr. Ge Li, founder, chairman and CEO of WuXi Pharmatech, and Dr. Gordon Huang, an expert in green energy, to join its advisory board.
Samsung and Prodos Capital in US may take Gianfranco Ferré
South Korean conglomerate Samsung Group and American private equity firm Prodos Capital Management emerged as the final bidders for Italian fashion house Gianfranco Ferré, which has filed for bankruptcy protection, in a deal offering to buy out the firm...
Anacacia Capital supports MBO of Rafferty's Garden in Australia
Anacacia Capital, an SME-focused Australian private equity firm, and Sales Link Australasia, a leading local company in retail sales management for supermarkets and department stores, have jointly supported the management team of Rafferty’s Garden, a...
Khazanah, Temasek swap land after 45 years
The Malaysian government is ready to return a train station it owns in downtown Singapore in return for six land parcels in the city-state, to be controlled by M-S Pte. Ltd., a JV 60:40 owned by Malaysian state investment fund Khazanah Nasional Bhd and...
Goldman trying to exit holdings in Primo Japan
Goldman Sachs appears to be looking for buyers for its holdings in Primo Japan Inc., a Japanese retailer of diamond rings, in a prospective deal which could fetch as much as JPY10 billion ($118 million).
Apax and GA confirm 19% each of SouFun for $163 million apiece
European private equity firm Apax Partners and US large-scale VC leader General Atlantic (GA) formally announced the completion of their acquisition plan to each take a 19% stake in SouFun, the Chinese real estate classifieds website that just went public...
Japan's ETIC to back merger plan for Fuji Technica
State-backed Japanese turnaround fund the Enterprise Turnaround Initiative Corporation of Japan (ETIC) will support financing to Fuji Technica Inc., the country's second-ranked metal mold manufacturer, which intends to acquire Miyazu Seisakusho So., the...
Primus, China Strategic formally end Nan Shan bid in Taiwan
Hong Kong-listed China Strategic Holdings and financial investor partner Primus Financial Holdings have announced the formal termination of their $2.2 billion acquisition agreement for Taiwan’s Nan Shan Life Insurance effective Sept 20.
Permira's third Asian deal a satellite play
Permira, one of Europe's largest private equity players, has purchased a controlling stake in Asia Broadcast Satellite Ltd. (ABS) from Citi Venture Capital International and ADM Capital for around $200 million.
China's Mbaobao.com gets $30 million from DCM and Legend Capital
PRC online trading site operator Mbaobao.com has raised $30 million from DCM and Legend Capital, both VC firms with strong presences in China.
French real estate investor IREIFS forays in Thailand's resort business
IREIFS (International Real Estate Investment & Financing Solutions) Investment Group, a Paris-based privately held real estate investment firm, has entered into a JV to develop two new resort projects in Chiang Mai, including the Mae Rim and Ping River...
KKR and TPG may team up to bid for Foster's wine unit
US buyout majors Kohlberg Kravis Roberts and TPG Capital were said to have had early talks for a joint bid for the wine unit of Australian brewer Foster's, according to reports.
Sequoia, other VCs, invest China pharma marketing play Eddingpharm
Eddingpharm (Cayman) Inc., a China-focused pharmaceutical marketing company, has just had a $24 million Series B financing from OrbiMed Advisors Caduceus Asia Partners Fund, Domain Associates, and the Sequoia Capital China Growth Fund.
PE backed SouFun hits top of range for NYSE IPO
SouFun Holdings Ltd, China's No. 2 online real estate website, has sold 2.9 million American Depositary Shares for $42.50 each, raising $124.7 million in its NYSE IPO, hitting the top end of the company’s expected price range of $40.50-42.50.
Franklin Templeton Real Estate plans new Asia-focused realty fund of funds
Franklin Templeton Real Estate Advisors, an affiliate of US fund manager Franklin Templeton, plans to launch a new Asia-focused property fund of funds, targeting to raise about $300 million from institutional investors, primarily in Europe and Australia....
CDH takes stake in China's Motie Publishing
CDH Investments, the China-focused private equity and VC firm, has made an investment of at least RMB100 million ($14.8 million) in Motie Publishing, a PRC book publisher.
CITIC Capital invests shopping mall in Funan
CITIC Capital Holdings Ltd. has invested around RMB1.5 billion ($223 million) in a real estate project, the ID Mall, in Changsha, the capital city of China's Hunan province. from its real estate fund.