Articles by Maya Ando
VC-backed China Kanghui seeks $75 million IPO on NYSE
VC-funded China Kanghui Holdings, a manufacturer of orthopedic implants, has filed for a $75 million IPO on the New York Stock Exchange, with investors including IDG Capital, Accel Partners, TDF Capital, CDH Ventures and VivoVentures.
MakeMyTrip IPO could give big exit for VCs
VC-backed Indian online travel company MakeMyTrip(MMT) may deliver one of the largest recent exits for investors via a debut on NASDAQ, after filing for an IPO expected to raise up to $100 million.
Temasek to sell Fraser and Neave stake to Kirin
Seletar Investments Pte Ltd., a wholly-owned subsidiary of Singapore SWF Temasek Holdings, will sell a 14.7% stake in Fraser and Neave Ltd. (F&N), the largest beverage company in Malaysia and Singapore, to Kirin Holdings Company, Ltd., Japan’s largest...
Bain goes for Mr. China's ASIMCO
Bain Capital is to become the controlling shareholder of ASIMCO Technologies Ltd., the Beijing-based manufacture of automotive components made famous by the book ‘Mr. China,’ for $150 million.
IDG RMB fund gets NSSF backing
China's National Social Security Fund (NSSF) has agreed to invest around RMB1.2 billion ($177 million) in IDG Capital Partners' Harmony Growth Fund, an RMB-denominated fund which targets to raise RMB3.5 billion ($516 million).
Korea's IBK plans to launch SME-focused fund
The Industrial Bank of Korea, a South Korean government-owned lender, plans to form a private equity fund intended to help restructure local SMEs, with its launch slated for the second half of this year.
Capital Today invests PRC travel welsite Uzai.com
Capital Today, the growth-focused private equity firm based in Shanghai, has invested $5 million in Uzai.com, a travel website in the city.
CCBI Healthcare Fund invests Shanghai Kindly
CCBI Healthcare Fund, a fund managed by China Construction Bank International (CCBI), has invested an undisclosed sum in Shanghai Kindly Enterprise Development Group (KDL), a producer and developer of disposable medical devices.
Starr invests China's Top Grade Healthcare
Starr International Company, a privately-held global financial services group, has made a $40 million investment in Top Grade Healthcare Ltd., a provider of diagnostic imaging equipment and hospital management services in China.
Sequoia puts best foot forward with OkayBuy
Sequoia Capita has participated in the second round of funding for OkayBuy, an online retailer of shoes in China, with other two unidentified investors.
DCM raises $500 for 6th fund, launches RMB vehicle, promotes Honda in Japan
DCM, the Silicon Valley-headquartered VC firm, has raised $400 million for DCM Fund VI, which focuses on investing early stage technology companies in the US, China and Japan.
Blackstone may take over Morgan Stanley's Japan real estate assets
Leading global private equity firm the Blackstone Group is said to be near to finalizing a deal to purchase Morgan Stanley’s holdings of Japan CMBs with a face value of around JPY100 billion ($1.14 billion).
French hotel group Accor to set up investment fund for India
Accor, a leading French hotel group, is setting up a investment fund with local partner InterGlobe Enterprises to grow the hotel business in India, aiming between the upper middle class and upscale level.
VC-backed Opulan bought by Atheros
Opulan Technologies Corp, a privately held Chinese fabless semiconductor company backed by VC firms including AsiaVest Partners, Acorn Campus, and KLM Capital Group, has agreed to be acquired by NASDAQ-listed Atheros Communications Inc., in a deal valued...
Carlyle agrees $200 million for China rubber business
US buyout firm Carlyle Group has agreed on a $200 million joint investment with US tyre major Goodyear Tire & Rubber Company, and Hixih Rubber Industry Group, to support their China rubber JV Shandong Aneng Conveyor Belt & Rubber Co.
ACA takes 10% of listed drug store chain in Japan
ACA Inc., a Tokyo-based private equity firm with special focus on healthcare and media, has taken a 10% stake through a PIPE investment in Create SD Holdings, a drug store chain operator, for approximately $50 million.
Temasek expects to issue $1.07 billion of sterling bonds
Temasek Holdings, the Singaporean SWF, expects to sell its first sterling-denominated bonds for $1.07 billion equivalent of debt, in a mixture of 12-year and 30-year paper.
Accel does biggest software deal to date with Oz Atlassian
Accel Partners, the Silicon Valley-headquartered VC firm, has made what is ostensibly its largest investment in a software business to date, with a $60 million commitment to Atlassian Pty, a Sydney-based software developer.
Bain Capital to invest $150 million in ASIMCO
Bain Capital has reached an agreement to acquire $150 million of controlling shares in ASIMCO Technologies Ltd., the Beijing-based manufacture of automotive components made famous in the book 'Mr. China', from existing shareholders, including some private...
Temasek to invest RMB2 billion in China IT real estate project
Temasek Holdings is to inject RMB2 billion ($295 million) into a real estate project in Guangzhou in southern China, through its subsidiary Singbridge International, in partnership with Guangzhou municipal government and with an investment ratio of 50:50....
DT Capital raises $221 million for RMB fund
DT Capital Partners, the China-focused VC firm, has reportedly raised RMB1.5 billion ($221 million) for its new RMB Fund, exceeding its original target, cited as RMB1 billion ($147 million) when the firm started to raise capital at end 2009.
Longeach succeeds in bid for 99.53% of Sanyo Logistics
Pan-Asian private equity firm The Longreach Group announced the successful completion of its tender offer to acquire the issued and outstanding common shares of Sanyo Electric Logistics Co., Ltd., the logistics subsidiary owned by Sanyo Electric Co.,...
Industrial Long fund buys Maruei store in Japan
Maruei Department Co., Ltd, an Aichi-based department store operator, will sell its 100%-owned Toyohashi Maruei Co., which operates a branch of the Maruei brand department store in the Chubu area of Japan's main island of Honshu, to the Industrial Long...
CIC appoints John Mack and Joseph Yam to board
The China Investment Corporation (CIC), the PRC's flagship sovereign wealth fund, has welcomed two new members onto its international advisory council: John Mack, Chairman of Morgan Stanley, who stepped down from his CEO position in January this year...