Articles by Maya Ando
GIC RE plans IPO for Japan assets
GIC Real Estate, the real estate arm of state-owned Government of Singapore Investment Corporation (GIC), is reportedly aiming to list a large portion of its property assets, potentially raising between $500 million and $1 billion, at an unconfirmed venue,...
Temasek arm does China food venture for Sing
Singbridge International Singapore Pte Ltd, a wholly-owned unit of Singapore SWF Temasek Holdings, has signed an agreement with the Municipal Government of Jilin province in northeast China to build a JV "food security" food zone.
Longreach targets Sanyo Logistics via tender offer
The Longreach Group, the Hong Kong-headquartered regional private equity firm, will launch a tender offer for Sanyo Electric Logistics, the JASDAQ-listed provider of logistics solutions, for a probable total transaction value of JPY17.9 billion ($200...
Li Ka-shing fund, Infocomm, Skype founders invest Singapore's GuardTime
Hong Kong tycoon Li Ka-Shing's early stage Horizon Ventures fund, and Ambient Sound Investments, established by the four founding engineers of Skype Technologies, have joined in an $8 million Series A round for Singapore-based GuardTime Ltd., a data security...
HK's Quam teams with Abu Dhabi in new fund
Abu Dhabi’s state-owned Invest AD, formally known as Abu Dhabi Investment Company, and Hong Kong-based financial group Quam Ltd. are seeking $50 million for a joint fund named The Quam Middle East fund.
TSMC invests China VC fund
Taiwan Semiconductor Manufacturing Co (TSMC), one of Taiwan's largest listed chipmakers, said it has received a regulatory green light to invest $5 million in a new Chinese VC fund that targets chip design start-ups in the PRC semiconductor industry....
Daiwa SMBC Capital JV to end
Daiwa Securities Group Inc. has decided to terminate its JV venture firm Daiwa SMBC Capital Co., Ltd., which was launched in May 2005 on the merger of NIF Ventures Co., Ltd. and SMBC Capital Co., Ltd., both affiliates of Daiwa Group.
CVC, Oak Hil, Cinven back aircraft leasing company
Avolon, an Irish aircraft leasing company with substantial Greater China operations, received a $750 million equity capital commitment from a consortium including Cinven, CVC Capital Partners and US-based Oak Hill Capital Partners.
China: Dangerous liaisons?
Where are you looking to allocate capital? When AVCJ asked global LPs this question, the majority said: “China.”
Infinity I-China invests PRC's United Water
The Infinity I-China Fund has participated in the second round of fundraising by United Water Corporation, a Chinese water supply and waste water treatment company.
Japan Industrial Partners helps privatize JAA
Japan Industrial Partners (JIP) will help privatize JASDAQ-listed car auction site Japan Automobile Auction, known as JAA, through a tender offer with a value of JPY12.9 billion ($140 million), or JPY140,000 ($1520) per share, a 52% premium over the...
DCM invests in Softbank streaming JV
Softbank Corp., the Japanese mobile phone service provider and investment conglomerate, will establish a joint venture called Ustream Asia, with Ustream Holding, a US online movie distributor, in partnership with US venture capital firm DCM.
Actis KS Distribution deal approved
Emerging markets private equity firm Actis, has formed KS Distribution Pte. Ltd., an oil, gas and marine products distribution company, in partnership with Singapore-based KS Energy Services Ltd.
DCM, Walden-backed Dangdang seeks IPO by year end
VC-invested Chinese online shopping site Dangdang.com has appointed Credit Suisse and Morgan Stanley as advisors for a US IPO, expecting to list by year end.
CAS Capital to privatize JASDAQ's Merktec for $65 million
CAS Capital, a Tokyo-based investment firm targeting management buy-ins and buyouts, will sponsor the privatization of Marktec Corporation, a JASDAQ-listed maker of non-destructive testing (NDT) products, through a tender offer, with a total value of...
Softbank China Venture helps Henghui dental play
Softbank China Venture Capital (SBCVC) has signed a strategic cooperation agreement with Henghui Technologies Co., Ltd., a company engaged in R&D and industrialization of digital oral cavity technology in China.
Shinsei, Aozora call off bank merger
Shinsei Bank, 33% owned by US private equity group JC Flowers & Co., and Aozora Bank, 50.5% owned by Cerberus Capital Management, have called off their merger plan, due to many outstanding differences over business operations.
Goodman and CPPIB launch joint fund
Goodman Group, Australia's largest industrial property trust, and the Canada Pension Plan Investment Board (CPPIB) announced the formation of a joint Australia-focused fund with with a target gross asset value of around A$400 million ($350 million).
VC-backed Jinko Solar disappoints at IPO
VC-backed Chinese solar company Jinko Solar Holding Co. Ltd., could not raise its expected target from its IPO on the New York Stock Exchange; selling 5.84 million American Depositary Shares for $11, the bottom of an expected price range up to $13,and...
CIC takes 45% of Canada's crude oil trust
Canada's Penn West Energy Trust has formed a joint venture with a wholly owned unit of China Investment Corporation (CIC) to develop the trust's bitumen assets in the Peace River area of Northern Alberta.
CITIC Private Equity to be top shareholder of Zifeng Liquor
A new round of capital raising by Zifeng Liquor Co will make CITIC Mianyang Private Equity Fund (CITIC Mianyang) the largest strategic investor of the liquor group.
Ashmore aims to raise $750 million for new energy fund
Ashmore Investment Management, the London-based emerging markets specialist, and PTC India, formerly known as the Power Trading Corporation of India, reportedly plan to launch a joint new energy-focused, close-ended fund that aims to raise $750 million...
ICICI Venture launches two funds in infrastructure and property
ICICI Venture, the Mumbai-based private equity arm of ICICI Bank, will launch its maiden infrastructure fund over the next few weeks.
Longreach Group may win Sanyo logistics company
Hong Kong-headquartered private equity firm The Longreach Group has emerged as the potential lead bidder for Sanyo Electric Logistics Co.,Ltd, a Japanese logistics company owned by Sanyo Electric, the electronics manufacturer acquired by Panasonic in...